COE Predictions

[HondaJG]

Can buy 2 car. Lol...

sktan10 is rich..

 

[HondaJG]

Bidding status as at 05/12/2018 15:36:26 hrs
CAR UP TO 1600CC & 97KW $1 1,740 bids receive

 

[eriolmoon2008]

lol close at 23.5K. still fuking high. not buying any car.

 

[assiak71]

So lowest for the year means next round may rebound?

 

[eriolmoon2008]

So lowest for the year means next round may rebound?

rebound back to $1. okay joking la $10K enuff.

 

[Spirax]

Think cat A - Lowest price for yr2018, 2019-Q1 should be around 30k

LTA should banned ADs from bidding, if consumers bid, rate will be around 10k and below

 

[myviowner]

Think cat A - Lowest price for yr2018, 2019-Q1 should be around 30k

LTA should banned ADs from bidding, if consumers bid, rate will be around 10k and below

AD is business driven while individual buying power is lower.... Logically, LTA wont want to stop milking AD. lolz

 

[hachi]

loot la! kin kin loot sin chia!

LOL, I rather keep the money for rainy days... Coming soon....

 

[hachi]

Think cat A - Lowest price for yr2018, 2019-Q1 should be around 30k

LTA should banned ADs from bidding, if consumers bid, rate will be around 10k and below

I used to start a drive few years ago for motorcycle. Even show them how to bid using atm. But sadly AD control the market. Even you have Coe, they will sell you the vehicle at a premium...

 

[Optionstrader]

Going down

Sent from OPPO CPH1607 using GAGT

 

[eriolmoon2008]

Think cat A - Lowest price for yr2018, 2019-Q1 should be around 30k

LTA should banned ADs from bidding, if consumers bid, rate will be around 10k and below

think lta also control the market. no 10k no new car!!!

 

[assiak71]

Ask this again. Motorshow occurs 1 day after jan 1st bidding. Will they price the motorshow price only after the bidding results are out? Or it will be decided before that?

 

[assiak71]

https://www.straitstimes.com/singap...mer-sentiment-causes-coes-to-end-mostly-lower
This article says go-jek supporting cat b

 

[Orphan]

Ask this again. Motorshow occurs 1 day after jan 1st bidding. Will they price the motorshow price only after the bidding results are out? Or it will be decided before that?

It will mostly be decided before hand. Otherwise, they won't have time to print brochures with pricelists.

If market swing too much, and they need to adjust, they can always use a desktop printer to print a list of "Latest Prices!!!", then staple on the brochures.

Those with signboards declaring a certain price, simply use spray can to strike through the old price and spray the new price.

Other things to consider:
1) They also do the same thing for promotions, year end sales etc.

2) Jan 1st bid low or high does not guarantee 2nd bid will be the same. People see this round CoE low, more will consider buying a car, then next bid go up due to demand upz. Then still got those downpayment in Nov/Dec leow, waiting for their 8 bids, who will prop up demand also. A number of factors, I layman, buay hiao predict

3) Since dealers are in this business and have friends in the same circle to share info, they can make better informed predictions

4) If I am right, bidding as companies, they also have ex-stock CoE they bidded in past months which they can use. So they got do hedging one

 

[sp0inK]

When do you think coe will reach rock bottom price

 

[assiak71]

Prediction for jan 1st bidding? Will the wait for motorshow cause a quiet 3 weeks and hence a drop on jan 1st bidding, leading to cheap motorshow price?

 

[hachi]

When do you think coe will reach rock bottom price

No rock bottom, only enter when you feel comfortable of the price.

 

[sp0inK]

No rock bottom, only enter when you feel comfortable of the price.

i'm renewing coe tho

 

[birmingham123]

Just to check, anyone knows when will the coe quota go back to very very little ? Mid 2019 or end 2020 ??

 

[Stallone]

Just to check, anyone knows when will the coe quota go back to very very little ? Mid 2019 or end 2020 ??

Lots of cars renewed for 5yrs coe in 2015-2018

So I guess the bumper quota coe will continue till 2023 at least