PHV BLOODBATH is here. Near-New Alphards, Sientas are available

[mynickname]

Yeah!!! Sleep well tonight wonder which operator this is..

Update: probably autobahn/shariot group

https://www.businesstimes.com.sg/si...ion-autobahn-shariot-group-white-knight-talks

Article has this in last paragraph, doesnt seem consistent, but I dunno

Don Ho and David Ho of DHA+ Public Accounting Corporation have been appointed as the group’s joint and several scheme managers.

 

[Kiwi8]

Are these confiscated cars used for illegal cross-border passenger ferry services?

I dun think so, they were previously rented by the PHV drivers whom some have lost big monies on long term rentals when their vehicles got seized way before the rentals were up.

 

[pwongkk]

Operator dumping near-new Alphards, Sientas & Landys (2023–2025). Over-leveraged fleet collapse?

Got chance to bud low for almost new cars

Who are the fools that believe the gov narrative these phvs drove COE premium up?

These leasing coys can't wait to to bid and get coe at $100 or even lower. Those who drove COE up and up are the car sellers. The car sellers are the ones who dictate the COE amount. Can these phv or leasing coy tell the car sellers the amount they want to bid?

 

[Flexamoria]

Sell 60% discount, I pay cash

 

[tExtra]

Can gif moi for free (including COE and five years free 1,000L petrol/month?)

 

[tatsit]

How much should i attempt to price it?

 

[blue666]

aiya..... no chance cannot bid

Companies barred from selling private-hire cars to individuals for 3 years after registration

 

[Kiwi8]

aiya..... no chance cannot bid

Companies barred from selling private-hire cars to individuals for 3 years after registration

I think rule doesn't apply if the holding company is already insolvent.

Cars that assets that are taken over by creditors are likely not under this 3 year lock-in period.

 

[buttbERry]

this type can buy meh?

 

[zzangiefzz]

rental coy F themselves up , u all rush in to tank their 100k coe mistake, then coe will forever be high. let these rental coy learn a hard lesson, they will confirm not bid another coe for 10years to come

 

[C_boliao]

Won't be too cheap one la. Maybe 5k below the market rate?

 

[twosix]

rental coy F themselves up , u all rush in to tank their 100k coe mistake, then coe will forever be high. let these rental coy learn a hard lesson, they will confirm not bid another coe for 10years to come

Selling all the cars will not help them much lah. $304m owed leh, if it is the case quoted above.

 

[blankies]

Will COE drop?

 

[anchoraz]

Cham. If like tat coe will crash next. Those jus bought100-120k coe car will cry

 

[lovemyself123]

@zzzzzzz will COE drop anot? i think you familiar with this industry?

 

[herzberg]

Lta can always withhold coe to limit supply and keep price stable or drop abit

 

[Mclairs83]

who will so silly buy at this ridiculous market price?

 

[Lao_Tiko]

Don't mind buying a pre-loved Alphard, had good reviews from Jack previously as I recall

 

[blankies]

Lta can always withhold coe to limit supply and keep price stable or drop abit

Will Lta do that?