COE Predictions

[trento]

Think will up a bit. Ppl take year end bonus

Next COE predict: $22K

 

[trento]

Yes i did it few months ago. Straight forward

actually i haven't renewed coe online before, but from my understanding it should be relatively simple as long as your d2pay is activated. the limit is 100k and you pay directly from your bank acc. think maybe 1-2 days of processing for the funds to be transferred, believe there should be a debit advice sent to you via mail or email thereafter.



if nothing goes wrong should be able to be done entirely at home.

 

[Seriplex]

Hahahahaha. Yet all the dealers fr SD and PI keep texting me ssying the next bid will shoot up. Shoot my ass lah..

 

[Seriplex]

Next COE predict: $22K

2019 GE. Hold all horses.. AD n PI sure pscho u will go up...

 

[liquidh]

What has GE to do with COE?

 

[SBC]

Saw on ST paper today. 2019 car sales is expected to drop 20.1%

 

[sp0inK]

What has GE to do with COE?

the most govt can do is announce increase in COE supply, but that still has to be in line with 0% coe growth.


other than that coe pricing is entirely based on demand



so GE has nothing to do with COE, unless they want to give us some car ownership rebate lol

 

[liquidh]

Yup. But they could depress CoE for short period of time to appease some people and win some votes. Not outside their powers to do so.

 

[trento]

Any reason?

Saw on ST paper today. 2019 car sales is expected to drop 20.1%

 

[Optionstrader]

Sent from OPPO CPH1607 using GAGT

 

[Optionstrader]

Any reason?

cos Singaporeans wake up already lol

Sent from OPPO CPH1607 using GAGT

 

[Optionstrader]

Car is no longer a determinant of wealth property is I would infer

Sent from OPPO CPH1607 using GAGT

 

[sp0inK]

could be a cyclical effect as well, COE was rock bottom in 2008-2009 then rose sharply. won't be surprised if COE reaches a new high a few years down the road.

 

[cscs3]

the most govt can do is announce increase in COE supply, but that still has to be in line with 0% coe growth.


other than that coe pricing is entirely based on demand



so GE has nothing to do with COE, unless they want to give us some car ownership rebate lol

Even the number of tickets increase, it does not means COE price will drop. The price of COE is controlled by your salesman and car dealer. Reason is clear, even COE is 10K cheaper, it doea not means your car is 10K cheaper.

 

[hachi]

Unless the economy is tanking if not I don't see any reasons that deter people from buying?

 

[sp0inK]

Even the number of tickets increase, it does not means COE price will drop. The price of COE is controlled by your salesman and car dealer. Reason is clear, even COE is 10K cheaper, it doea not means your car is 10K cheaper.

ya that's true, not a 1:1 price change but certain margin of price should follow if coe drops significantly

for me personally i'm looking at pqp renewal so any drop is good news for me

 

[birmingham123]

Second hand car still got people want to buy ?
I driving a 4year old Mazda 3 standard version so left 6years to go. if scrap now can get back 44 scrap value. Still got 1 last servicing at Tek for 140k servicing but actual mileage is actually 160k.

How much can my car fetch if sell as second hand car ? I thinking to drive 1 more year then change car but duno if I should sign up 1 more year servicing package with Tek or should I go outside service. If no demand for second hand car, I will go outside service. If still can sell second hand car at maybe 5k higher than scrap value, then maybe servicing at Tek is better.

However my car mileage is high. Estimated to hit 200k by 5th year..

 

[hachi]

Second hand car still got people want to buy ?
I driving a 4year old Mazda 3 standard version so left 6years to go. if scrap now can get back 44 scrap value. Still got 1 last servicing at Tek for 140k servicing but actual mileage is actually 160k.

How much can my car fetch if sell as second hand car ? I thinking to drive 1 more year then change car but duno if I should sign up 1 more year servicing package with Tek or should I go outside service. If no demand for second hand car, I will go outside service. If still can sell second hand car at maybe 5k higher than scrap value, then maybe servicing at Tek is better.

However my car mileage is high. Estimated to hit 200k by 5th year..

Just scrap. Paper value too high based on today Coe context. High mileage doesn't helps too.

 

[SBC]

If COE continues to be low, gov will find other means to increase tax.

Ask heng lor.

 

[hachi]

If COE continues to be low, gov will find other means to increase tax.

Ask heng lor.

Agreed, after GE, Mark my words.