COE Bidding 1st - May 2013

[Steptronic]

Next COE Open Bidding Exercise Starts on 06/05/2013 12:00 hrs, Ends on 08/05/2013 16:00 hrs

 

Quota for A is 336 (Presently @ 62,497$)

Quota for B is 317 (Presently @ 62,000$)

Quota for E is 239 (Presently @ 62,000$)

 

All the best to those bidding this time!

[Student92]

Anybody did a booking with 60k COE rebate level over the past 2 weekends? Is it guaranteed?

[Forummer]

Anybody did a booking with 60k COE rebate level over the past 2 weekends? Is it guaranteed?

 

Merc n BMW changed their rebate level to 45k on 29 Apr.

[Hexxor]

still waiting for my car. 50% down. My fren taking 100% full loan still waiting for his COE, getting kancheong liow lol

[Hexxor]

Merc n BMW changed their rebate level to 45k on 29 Apr.

 

BMW raised price for their car despite dropping the rebate level..... damm greedy la PML

was quoted 3 weeks ago - 168k for 316i (rebate 52k) went yesterday said 172k (rebate 45k)

Edited May 6, 2013 by Hexxor

[Pandaeyes]

BMW raised price for their car despite dropping the rebate level..... damm greedy la PML

was quoted 3 weeks ago - 168k for 316i (rebate 52k) went yesterday said 172k (rebate 45k)

 

Yup. Greedy for sure. The COE last round went up n so they justify it that way. Then just last week they reduced their rebate to 45k/48k. Why? To earn fatter margin if next week's COE drop to 50k.

 

From what they have done it is very clear that they expect the Cat A / B to drop to 48k above. I think shd be ard 52-55k.

Edited May 6, 2013 by Pandaeyes

[Pandaeyes]

Anybody did a booking with 60k COE rebate level over the past 2 weekends? Is it guaranteed?

 

Don't worry. U shd get it. Don't top up if COE is expected to fall!

[Student92]

Oh if I recall correctly it's 60k rebate level for VW and Nissan (standard package). Not sure about the other car brands.

[Intruderx]

Was at Komoco yesterday and the SE mentioned that there are still backlogs for 80%/90% loan to be cleared.

[Student92]

Komoco is Hyundai's AD? I thought the i30 is really cute but too bad it's too expensive.

[Pandaeyes]

Was at Komoco yesterday and the SE mentioned that there are still backlogs for 80%/90% loan to be cleared.

 

Depends on which rebate level the orders were based on. I believe it's the 40k ones.

 

[Camrysfa]

BMW raised price for their car despite dropping the rebate level..... damm greedy la PML

was quoted 3 weeks ago - 168k for 316i (rebate 52k) went yesterday said 172k (rebate 45k)

Rebate drop by 7k to 45K is to entice ppl to book. Selling price up 4K means COE demand still strong and COE premuim not likely to drop much from previous round.

[Helloz]

Komoco is Hyundai's AD? I thought the i30 is really cute but too bad it's too expensive.

 

Yup, Komoco Motors is the AD for Hyundai.

 

 

Hyundai i30 makes a nice hot hatch if it comes with a turbocharged engine :)

[Student92]

Wow... So beautiful. Anyway, unlike you guys, I like cars which are not powerful. The smaller the engine capacity, the better for me (of course still have to be above 1.2L for decent movement).

[Pandaeyes]

Rebate drop by 7k to 45K is to entice ppl to book. Selling price up 4K means COE demand still strong and COE premuim not likely to drop much from previous round.

 

Well it depends on the proportion of those orders having 45k rebate level n 52k rebate level. COE bidding doesn't mean highest bidder wins.

[Gendut]

Rebate drop by 7k to 45K is to entice ppl to book. Selling price up 4K means COE demand still strong and COE premuim not likely to drop much from previous round.

 

You talking thru yr arse. Like that might as well give rebate at $0 LA and every body will buy.

 

You give salesman a bad name

[Hexxor]

Oh if I recall correctly it's 60k rebate level for VW and Nissan (standard package). Not sure about the other car brands.

 

u forgot at hyundai

 

i45 (sonata) at 129999 rebat 60k (they say guaranteed COE)

[Arenz]

I think Nissan COE rebate is now $40K ......