January COE 2nd Bidding - Prediction for Cat B

[Ahyoo2002]

got new feature meh?

[Cheekg98]

u wait and see lorz

[Baka]

Must be the most popular PI MPV lah The super chiochio looks like odyssey but more sporty and fierce looking one

 

He is talking about facelift Mazda 5, maybe worth to consider as the facelift should have 5 speed auto and better engine

 

My wife like the Mazda 5 sliding door

Ops sorry.. Is it the one with orange panel lights?

[Baka]

I think OPC is still the way to go, my take is they may revise the $20 per day so that OPC remain as OPC.

You mean increase the $20 coupon? Not a bad idea but hard to implement. If I know that govt is going to implement this, I will quickly stock up more $20 coupon before they start selling at higher price..

[Baka]

STI lausai today, just wonder will COE market lausai too

I was waiting for the "eastern wind" to grant me a low COE price, and the eastern wind has came today.. hopefully the stocks market will continue to plunge for next 2 days... then $10k COE target will be more possible.

[Perrier]

If I am the car dealers, I would make sure I got a COE for all my existing customers before some actually opt out due to the coming "recession".

 

Those sitting on the fence would most likely abort their buying in view of the US "recession" once all the banks start disclosing their losses. Its very very true the world is taking a hit from the US subprime.

 

Many dealers should earns about $10,000 per car so I believe they would rather lower their margin than to see these buyers opt out. Trapping them in via a confirmed COE is the best bet.

 

My prediction would be the COE will maintain or even goes up a little depend how desperate the dealers are.

 

Just my personal view.

[Ahyoo2002]

is it orange, not too sure leh? I saw the facelift photo from oveasea website, quite nice

[Ahyoo2002]

Why difficult, just increase to say $30 and less OPC on normal peak hour liao.

 

The government is not stupid, if they increase to $30, they sure ask you to return the $20 to them

[Ahyoo2002]

what is this eatern wind or western wind? I only know due to US, the stock market lau sai.

[Ahyoo2002]

Problem:

1) How many existing customers they have now?

2) Assume they have enough customer for this round of COE, if the COE goes up higher, who will step into showroom?

[Baka]

"Wan Shi Jui Bei, Zi Qian Dong Feng" mah, (sorry my hanyu pinying may be bad)

 

For the story behind Zhuge Liang and Cao Cao, please refer to:

 

http://www.56.com/u30/v_MjU0MjMzOTU.html

Edited January 21, 2008 by Baka

[Perrier]

If you look at the Finance news, you would know that the stock all across the world has plunged. Bush's recovery plan wasn't well received and was deemed too late.

 

As things may have looked bad some time back, many peasants here are still in dreamyland booking their expensive HBDs and car just last month.

 

Seriously, I have doubts that there will be much buyers in the showroom after this bidding. Most will be holding back their high value purchase and sit put with $$ in hand.

 

For me, this is the time for damage control. I already have PIs who called me during the last 2 biddings about no change in their selling price despite COE increase.

 

Tighten your seat belts. It is coming...

[Lobangking88]

u gg to bid for open cat ? to keep ?

if low might ask boss to buy a few...

[Lobangking88]

bid for the open cat instead bro....

 

px up u can ahem too.

[Leepee]

The flexibility of a Open Cat is good. But Chances of Open Cat 'crashing' to low levels are unlikely.

 

Since I am going to get a car anyway, I am just hoping that Cat.B demand may taper off and drops below 10k. A big Hope non the less!

 

If not, I will surely want to book my car next month.

The majority of buyers are already expecting a reduced quota in April. So if I were to go in in April, I think I will be paying more for my car.

The current pricing is within my budget, so I am comfortable with it.

 

Of course if I can bid and get cheaper COE, then all the more better right?

[Ahyoo2002]

I sure know the story, but I am asking which one you waiting, maybe you refer to know only left COE not yet bidded

[Ahyoo2002]

Yah, if car deaers expect less people book car after this COE, I doubt they will bid too aggressively.

 

Anyway, STI plunge further today

[Ahyoo2002]

Cat E only last 3 months and also Cat E has a lot of people like you who are waiting to make some profit if COE drop, so unlikely Cat E will drop so much.

 

But Cat E is normally for car dealers to keep so that can use for potential walk in customers. If they forsee no/less customers, maybe it willl drop