LATEST NEWS!!! COE CAT A crashed $2 only

[Sofarsogood]

This is bad!!

 

Edited November 19, 2008 by Sofarsogood

[Xefera]

chun boh!?!??!

 

Can we expect a slash in car prices for the next round of bidding?

[Shull]

wow...who says $1 coe is impossible?

[Tkseah]

$1 impossible.. $2 possible..

[Shull]

in the world of COE prices..$1 is insignificant..until now..

 

must be LTA computer glitch..last min bids not accepted..

[Tkseah]

think the site overload till crashed liao.. now cannot access..

 

maybe it will come back on with Cat A COE shown as 10k..

[Shull]

 

but that means, those who manage to get $2 COE..scrap car at 5th yr..can only get $1 back as COE rebate..

[Altivo]

chun boh!?!??!

 

Can we expect a slash in car prices for the next round of bidding?

 

nah.... most likely, the surge in demand will bring up the price again.

[Hub_n_mona]

yah man..

that's unless next few days got more bad news, like more chopping..else, demand will surge..best indicator would be to see the showrooms this weekend liao

[Sofarsogood]

But then, you offset that loss with low price of car.

[Sofarsogood]

Those who got < 1600cc car with Open CAT COE jia lat big time man!!! When they sell, it will be pegged to the $2 COE woh!!

[Tigershark1976]

last time, wif close bidding system, coe drop till $1 also not surprise... but wif current open bidding practice, if coe can crashed until like tat it shows how bad is the current market...

[Freestylers09]

actually why jiak lak??lesser COE u lose lesser..loan lesser...the yearly depreciation is just what u pay for..so u pay $2 for 10 years..1 year u lose 2ocents only...

 

eg when coem to 3 years..ur COE rebate back 7 years (dont forget u incur ur loan interest)

 

for cars with 3 years $2 COE...take back $1.80 cents ...

 

i rather take $2 COE if got chance man

[EventH]

how to work out the real price of car ah??

 

OMV*(???%)+COE+Dealer profit=SalePrice

[Freestylers09]

http://www.lta.gov.sg/motoring_matters/mot..._vo_tax_pte.htm

 

this without profit yet..so now bo COE..issit good or bad?i think is damn shiok regardless when sold next time or now

[Freestylers09]

ok..misread your sentence..paiseh..keke

 

open cat one ya..v jiak lak

[Windwaver]

Aiya, car dealer as usual will be up to their standard tricks

[Liuz0004]

yes, COE is being paid to the gov. no matter wat, the lower the better.

 

imagine today gov lost:

 

$10,000 x 1852 = $18,520,000 which is SGD18.5 million.