Protoss38 Neutral Newbie September 4, 2007 Share September 4, 2007 With effect from 1 October 2007, the Open COE commission charges will be revised to $10 for each bid submitted and $10 for each subsequent bid revision made. From $0 charges to $2 and now $10...... ↡ Advertisement Link to post Share on other sites More sharing options...
Nus24 Neutral Newbie September 5, 2007 Share September 5, 2007 They should do this for all categories. Raise it exponentially even better. This new rule I hope is to discourage last minute bids that will jam up the computer system?? 1st- $10 2nd- $20 3rd- $40 4th- $80 5th-$160 on and on.. Wow...new ways of earning more monies from us! I am impressed! Link to post Share on other sites More sharing options...
Perrier 1st Gear September 5, 2007 Share September 5, 2007 Not really. The car dealers (AD or PI) will have to cut out their bidding method as of now. It is not logical to spend $$ to support such speculation. What will happen to us is the AD or PI will simply jack up the price and we may see a surge in COE. If everyone is now only going for 1 bid per customer, many of the new owners-to-be would face the possibility of not getting the COE this round if the charges goes exponential. Thus everyone will bid much higher first round. I suspect the dealers will still give 3-4 bids for those buyers with confirmed COE. For those non-gurantee ones, good luck. Link to post Share on other sites More sharing options...
Ahyoo2002 2nd Gear September 5, 2007 Share September 5, 2007 Is it true? Wah lau, they discourage people bid conservatively leh. In order to minimise the cost of bidding, some dealers may opt to bids at higher price so that no revision needed. Or, it discourage the "retail" bidder like me leh. Link to post Share on other sites More sharing options...
Guyver 1st Gear September 6, 2007 Share September 6, 2007 This will have 2 possible effect .... Cause COE to shoot up .... faster. Or cause COE to go lower ...... Link to post Share on other sites More sharing options...
Guyver 1st Gear September 6, 2007 Share September 6, 2007 Yah .... People will consider properly before bidding .... which if all play safe ... then everybody will bid high. But on the other hand .... if everybody all don't bid ... wait till 3.45pm ... see how much the bid amount is ... add $1K or $2K more and pump in the bid .... WORST!! Link to post Share on other sites More sharing options...
Dynaway 1st Gear September 8, 2007 Share September 8, 2007 i would suggest that Open Cat be removed or either tagged like Cat-A & Cat-B to owner's ID.... this way, those who are really buying car will have a fair bid, not like now... some crazy rich man could jus big all the open n keep for himself... COE should logically only be bidded if u are really intending to buy a car n not for dealers/seller to bid n keep.... Link to post Share on other sites More sharing options...
DarkLord 1st Gear September 8, 2007 Share September 8, 2007 Wah liew.. Cut a few dollars from our road tax, and we have to cough up so much more for ERP, petrol, carpark and now this? Link to post Share on other sites More sharing options...
Westender Neutral Newbie September 8, 2007 Share September 8, 2007 I suppose the money will go into buying new servers so that it'll not crash/glitch or whatever they wanna call it. Dun expect them to use their own money to upgrade right.... Link to post Share on other sites More sharing options...
Paul78 Neutral Newbie September 8, 2007 Share September 8, 2007 If all the bidders wait until 3:45 or 3:50 then bid, the server cannot handle and price may drop to $1 again, then those who enter early will gain. And car buyer get $1 coe again. Link to post Share on other sites More sharing options...
Cheekg98 1st Gear September 8, 2007 Share September 8, 2007 cos' LTA scared of ahyooo Link to post Share on other sites More sharing options...
Guyver 1st Gear September 8, 2007 Share September 8, 2007 Think Cat E must stay .... as Cat E allow people who don't mind paying more $$ for immediate registration to have that choice. If without Cat E ... then people die die must wait for COE bidding liao. Link to post Share on other sites More sharing options...
Dynaway 1st Gear September 8, 2007 Share September 8, 2007 i beg to differ. how many immeadiate reg situation are using COE tat is bidded on tat very mth for the buyer... u r in the industry, u should know better.. wat i feel is there is still some chances for some crazy RICH ppl to manipulate the Cat-E Link to post Share on other sites More sharing options...
DarkLord 1st Gear September 8, 2007 Share September 8, 2007 Whose is ahyooo? Link to post Share on other sites More sharing options...
Cheekg98 1st Gear September 8, 2007 Share September 8, 2007 mr COE ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Parking Charges at Sim lim square area??
Parking Charges at Sim lim square area??
Maid abuse: Couple face more charges
Maid abuse: Couple face more charges
Suu Kyi detained
Suu Kyi detained
8 town councils to increase service & conservancy charges
8 town councils to increase service & conservancy charges
Travellers flying out of Changi Airport to pay higher fees, charges from Nov 1
Travellers flying out of Changi Airport to pay higher fees, charges from Nov 1
Dental charges - is it too expensive
Dental charges - is it too expensive
Property Agents' commission
Property Agents' commission
HDB night car park charges
HDB night car park charges