COE going downhill.

[gohsan]

Those cars registered in 2004, 2005, 2006 and 2007 when the coe were relatively cheap are due for scrap from now to the next few years. And they make up a huge number. So there is going to be an over supply of coe when they are recycle in the next few quarters. If can you afford to wait you should see lower coe prices.

 

[aromilk]

Today flat....

Price doesnt move till last 45 mins before closure

 

[onegoal]

Cat A is $56289.
The rest still at $1

90minutes to go

 

[kakaBoBo]

last min pattern sure come one.
all go at last min

 

[Kum Jit Pow]

Those cars registered in 2004, 2005, 2006 and 2007 when the coe were relatively cheap are due for scrap from now to the next few years. And they make up a huge number. So there is going to be an over supply of coe when they are recycle in the next few quarters. If can you afford to wait you should see lower coe prices.

And lta will pull a fast one and cut the numbers to be released by 70%. Lol

 

[Franzz]

Hoping to renew my car COE...

 

[onegoal]

Now the numbers really closing up

 

[matrix05]

This week car dealers are fulling those with bought with $70K COE 6 bids ago. So they have no prob bidding up to $65K and make their extra $5K profit. Once these $70K COE are done with, expect COE to drop by $10K, as they start to buy for the $60K COE ppl (now). By then the dealers will bid up to $55K; and still make that extra $5K.

 

[onegoal]

This week car dealers are fulling those with bought with $70K COE 6 bids ago. So they have no prob bidding up to $65K and make their extra $5K profit. Once these $70K COE are done with, expect COE to drop by $10K, as they start to buy for the $60K COE ppl (now). By then the dealers will bid up to $55K; and still make that extra $5K.

Overall, price drop by about 2%. We might see COE at 55k in july

 

[Yo2020]

Overall, price drop by about 2%. We might see COE at 55k in july

55k is still too high... wait till yr end n see.

 

[onegoal]

Here we go again.
closing date on 18 june 1600hrs.

i have a feeling this round is down.
what is your guess.

anyone with knowledge. Care to share?

 

[JivBunny]

The loan is not that friendly nowadays.

There are pple who aren't so willing to part with so much money at one go to buy their next car.....so if you ask me, yes prices will probably tumble.

 

[InterestingStuff]

got 10k coe then talk la..

 

[Jirachi]

Here we go again.
closing date on 18 june 1600hrs.

i have a feeling this round is down.
what is your guess.

anyone with knowledge. Care to share?

Up, I expect it to be up.

 

[Jwee85]

bidding for $1 COE.

i got insider news....many went holidays...so car sales low.....
potential to crash to $1.

 

[kensalt]

continue to go down... till second bidding of july

 

[kensalt]

bidding for $1 COE.

i got insider news....many went holidays...so car sales low.....
potential to crash to $1.

wait nong nong

 

[Jirachi]

bidding for $1 COE.

i got insider news....many went holidays...so car sales low.....
potential to crash to $1.

It won't go below $40k in 10 years time.

It's all projected figures.

 

[jinmuddy]

Can I just bid $10? If heng heng kena can use for my current kar.

this idea can work?

 

[onegoal]

bidding for $1 COE.

i got insider news....many went holidays...so car sales low.....
potential to crash to $1.

I hope so. I wanted to buy 2nd hand car. Went to carmart. All dealers very aggresive to close sales.
some are stuck with old stocks.