20/9 which COE with go down ?

[window_12]

20/9 which COE with go down ?

 

[EJB]

It will go up. All agents oversold.

Imagine each agent have 50 cars to guaranteed bid, next round will be a fierce once.

 

[NoLogicLah]

yup, will go down below $36k.

 

[iamveryguailan]

I hope it crashes to $1

If that happens, dealers maybe drop price by 10-20k only

But my Coe rebate at 34k

 

[liquidh]

Think all will inch up. Heard people rushed to showroom on the last drop.

 

[EJB]

Think all will inch up. Heard people rushed to showroom on the last drop.

I think no 46k-50k, won't close this round.

 

[tk]

Cat A +4k
Cat B -3k

 

[jcchia]

20/9 which COE with go down ?

COE down but car price no down!

 

[wiwi86]

likely is go up for most cat due to high demand...

 

[cscs3]

I hope it crashes to $1

If that happens, dealers maybe drop price by 10-20k only

But my Coe rebate at 34k

As long as it is bidding via agent. This is impossible. Just look at the min rebate Coe you can more or less predict the next coe price.

That's why I say to allow agent to bid on yoUR behalf is already a wrong start. One os price control, and you cannot chanGE your decision to another car dealer once COE is sucessfully gotten for you via the dealer.

 

[cscs3]

COE down but car price no down!

It was down 4 to 7k depending on which dealer/brand you go to.

 

[iamveryguailan]

As long as it is bidding via agent. This is impossible. Just look at the min rebate Coe you can more or less predict the next coe price.

That's why I say to allow agent to bid on yoUR behalf is already a wrong start. One os price control, and you cannot chanGE your decision to another car dealer once COE is sucessfully gotten for you via the dealer.

Toyota rebate at 34k but hyundai at 28k

Quite big gap sia

 

[snipfer]

The main problem is that the majority of COE bidding is still done by dealers.

Sinkies too lazy to bid by themselves, if majority is bidded by individuals, COE sure goes down cos who that dumb to pay more?

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[tivo88]

What ever goes down will have to come up again

 

[Kula Diamond]

Confirm next 2 bidding goes up

 

[sanchin]

After ghost month liao will goes back to sub 40K

 

[cscs3]

The main problem is that the majority of COE bidding is still done by dealers.

Sinkies too lazy to bid by themselves, if majority is bidded by individuals, COE sure goes down cos who that dumb to pay more?

Sent from Xiaomi MI MAX 2 using GAGT

Lazy is one reason. Anothet reason is loan. COE is cash. If you loan this amount from bank, it is unlikely for bank to secure this personal loan at low interest.

This is also to say many car owners actually live in future. The car is only officially yours after you pay up all the loan.

 

[sanchin]

And when the car is finally yours, it worth so much lesser. If dealer can only sell the car without COE even when they bid on behalf of owner, meaning owner will still have to pay cash for COE. That would be the time COE will drop to rock bottom, but it won't happen.

 

[trento]

dead cat bounce. will drop new year.

 

[actan1]

Hard to go down based on the crowd in the showroom..
I think all cat a and b will increase. Cat b not so much...

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