Patricklyb Clutched November 7, 2011 Share November 7, 2011 COE Open Bidding Next COE Open Bidding Exercise Starts on 08/11/2011 12:00 hrs, Ends on 10/11/2011 16:00 hrs The COE Quota available for next Bidding Exercise Category Quota A CAR (1600CC & BELOW) & TAXI 548 B CAR (ABOVE 1600CC) 356 C GOODS VEHICLE & BUS 244 D MOTORCYCLE 388 E OPEN 330 Final Results for OCTOBER 2011 2nd Open Bidding Exercise Category Quota QP($) PQP($) A CAR (1600CC & BELOW) & TAXI 565 56,112 50,585 B CAR (ABOVE 1600CC) 353 75,889 67,299 C GOODS VEHICLE & BUS 244 37,011 33,017 D MOTORCYCLE 387 2,091 2,085 E OPEN 330 73,600 QP: Quota Premium PQP: Prevailing Quota Premium Category Received Successful Unsuccessful Unused A CAR (1600CC & BELOW) & TAXI 873 554 319 11 B CAR (ABOVE 1600CC) 633 353 280 0 C GOODS VEHICLE & BUS 354 229 125 15 D MOTORCYCLE 486 380 106 7 E OPEN 518 306 212 24 Received: Total Bids Received Unused: Unused Quota carried forward Source: Land Transport Authority ↡ Advertisement Link to post Share on other sites More sharing options...
Newkidontheblock Clutched November 7, 2011 Share November 7, 2011 good chance it will come down... but SLIGHTLY if not insignificantly Link to post Share on other sites More sharing options...
I-LOVE-CARS 1st Gear November 7, 2011 Share November 7, 2011 I also don wan to see liao, so sian, the prince range always same one, unless another $2 COE or fell to below 10k..then i will buy new cars Link to post Share on other sites More sharing options...
Richard_Peh 1st Gear November 7, 2011 Share November 7, 2011 100k 100k Link to post Share on other sites More sharing options...
Steptronic Supercharged November 7, 2011 Share November 7, 2011 In the range of 60k and 80k...Hmmm Link to post Share on other sites More sharing options...
Aeromania 1st Gear November 7, 2011 Share November 7, 2011 what's the point? It will come back down when all the new car dealers collapse. Link to post Share on other sites More sharing options...
HP_Lee 5th Gear November 7, 2011 Share November 7, 2011 (edited) It will comedown in some point of time. At this price, if you are buying the car for your private use is rather difficult to maintain. Most people are maxing up to 10yrs loan and is a losing end. Your break even cost is mostly the end of the COE life span. As for my case, I usually pay up 70% cost of the car + COE, and the rest to loan. Of course is not today's prices. I will awhile and hopefully is comes to about $40k for CAT A, which makes more sense. Another way is to buy a second hand car less than 1.5 years, so that you didn't have to bear the initial losses that the first owner did. Edited November 7, 2011 by HP_Lee Link to post Share on other sites More sharing options...
Patricklyb Clutched November 7, 2011 Author Share November 7, 2011 good chance it will come down... but SLIGHTLY if not insignificantly i doubt so.........fortuneate maintain..........unlucky shot up! Link to post Share on other sites More sharing options...
Patricklyb Clutched November 7, 2011 Author Share November 7, 2011 It will comedown in some point of time. At this price, if you are buying the car for your private use is rather difficult to maintain. Most people are maxing up to 10yrs loan and is a losing end. Your break even cost is mostly the end of the COE life span. As for my case, I usually pay up 70% cost of the car + COE, and the rest to loan. Of course is not today's prices. I will awhile and hopefully is comes to about $40k for CAT A, which makes more sense. Another way is to buy a second hand car less than 1.5 years, so that you didn't have to bear the initial losses that the first owner did. bottom line is at what point or when! Link to post Share on other sites More sharing options...
Richard_Peh 1st Gear November 7, 2011 Share November 7, 2011 (edited) bottom line is at what point or when! When LTY come down or he increase quote. Edited November 8, 2011 by Richard_Peh Link to post Share on other sites More sharing options...
13177 Hypersonic November 8, 2011 Share November 8, 2011 good chance it will come down... but SLIGHTLY if not insignificantly Come down? Dont think so. Link to post Share on other sites More sharing options...
Cklasse 1st Gear November 8, 2011 Share November 8, 2011 There are still a lot of backlog for new cars, such as mine that is coming next year Jan. So COE is unlikely to come down anytime for the next few months. There is still room for COE to climb. Link to post Share on other sites More sharing options...
Gnixer 3rd Gear November 8, 2011 Share November 8, 2011 as long no stupid taxi companies bid then the market is stable for cat A Link to post Share on other sites More sharing options...
Pixel18 1st Gear November 8, 2011 Share November 8, 2011 This is the beauty of a "manipulated" free market where the interaction between "throttled" supply and demand will always sustain a certain pricing regardless of the state of economy. The 3-week break will push prices slightly up for all CATs this round but mid-term price stabilisation for A and B should be at $65K and $83K thereabouts respectively - unfortunately, no respite in horizon.... Link to post Share on other sites More sharing options...
HP_Lee 5th Gear November 8, 2011 Share November 8, 2011 bottom line is at what point or when! Well. No one can tell you when is tomorrow prices goes. Based on the historial prices, it swings up and down. Do not believe people can predict the prices. We are all humans. You willl have to monitor. Link to post Share on other sites More sharing options...
Patricklyb Clutched November 8, 2011 Author Share November 8, 2011 (edited) as long no stupid taxi companies bid then the market is stable for cat A do you think that will happen in near future! i saw a afew mths ago at tuas(opp pioneer seafood)toll w/house with alot of epica seksi about 400-500, saw left about now 200+ still awaiting for COE OR DRIVER........ Edited November 8, 2011 by Patricklyb Link to post Share on other sites More sharing options...
Cars08 1st Gear November 8, 2011 Share November 8, 2011 Cat A likely to be above $60K. Link to post Share on other sites More sharing options...
Cars08 1st Gear November 8, 2011 Share November 8, 2011 & Cat B & C likely to breach 100K soon.... my goodness... ↡ Advertisement Link to post Share on other sites More sharing options...
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