2015 Aug, 1st COE Bidding Exercise

[Forte3737]

Can throw to the wind? Totally not possible.

Magic numbers:

 

Cat A - 54,333

Cat B - 55,555

 

 

 

 

[Dc81]

Hello bros and sister if there is any. Based on what you all comments, the quota is only increase till sept? My current transport is reaching ten years next year March 2016.

 

I had visit Nissan show room looking at Nissan QQ 1.2 & 2L. Looking at 1.2 means I have to down a $45k servicing $1,245 monthly. May I ask what amount should the COE drop so I only down $30k? If that's 40%, then what is the montly we looking at?

Edited August 3, 2015 by Dc81

[Limwsv]

 

if you had immediately bought a new car to replace the scrapped one, which COE price level would you have bought at?

 

My price level was around 30K COE. My last car bought at 90K. So, I was expecting to replace at about the same level plus some inflation Got screw though by the CNY rush. But in the risk plan, so switch to cycling lor.

[Enye]

 

My price level was around 30K COE. My last car bought at 90K. So, I was expecting to replace at about the same level plus some inflation Got screw though by the CNY rush. But in the risk plan, so switch to cycling lor.

 

think you misunderstood my question although your answer was still relevant

 

my original question was what COE price level would you have bought the new car at, if you had bought a new car to replace your scrapped car at that time without any changes to your lifestyle?

[Tohto]

Hello bros and sister if there is any. Based on what you all comments, the quota is only increase till sept? My current transport is reaching ten years next year March 2016.

 

I had visit Nissan show room looking at Nissan QQ 1.2 & 2L. Looking at 1.2 means I have to down a $45k servicing $1,245 monthly. May I ask what amount should the COE drop so I only down $30k? If that's 40%, then what is the montly we looking at?

Sorry to disappoint you. I think a down payment of $30k at 40% is impossible. That's mean the final selling price for the 1.2L QQ will be less than $80k. This will not happen.

[7hm]

Your COs still undecided on the Forestor XT?

 

think they are... but haven't firmed by yesterday...

and then Subaru, their interiors, I really cannot take it, feels like car from ten years ago

[Heman75]

 

Hello bros and sister if there is any. Based on what you all comments, the quota is only increase till sept? My current transport is reaching ten years next year March 2016.

 

I had visit Nissan show room looking at Nissan QQ 1.2 & 2L. Looking at 1.2 means I have to down a $45k servicing $1,245 monthly. May I ask what amount should the COE drop so I only down $30k? If that's 40%, then what is the montly we looking at?

looking at your desired drop from 45k to 30k , a difference of 15k. that means on theory the coe must drop by 15k assuming the cost of car remains from the surface. but detail calculate differs

 

now 40% = 45k , car selling at 112.5k

if you want 40% =30k, must sell at 75k

difference of 37.5

meaning coe must drop by 37.5... however know AD.. they will not give dollar to dollar ... thus maybe you should be expecting drop at least 40k. and that means coe to be in the range of 15k...

 

oooo boy you can wait.

Edited August 3, 2015 by Heman75

[Cboonh]

As usual for Toyota SE to have such sales attitude. They always don't bother about the customers in the showroom.

 

 

The honda folks at Alexandra were no better.

[tyco_kia]

so consensus is for COE to fall and everyone is on the fence. But after 1 increase, everyone will chiong and buy cars?

 

I was at Toyota Ubi over the weekend, quite a lot of browsers but the sales guys were just chilling and using their phones. We encountered quite a professional sales man though, which was a nice departure from what we got at VW Macpherson.

 

LOL the difference between mass market car dealers and the German ones. To be fair, you probably see much more walk-ins at Toyota compared to vw so the attitude naturally is different although that's not to say they should behave like that cos every walk-in always an opportunity mah.

[Lucille]

 

think they are... but haven't firmed by yesterday...

and then Subaru, their interiors, I really cannot take it, feels like car from ten years ago

 

I guess you will just have to

 

Subaru is all about the driving performance and experience. Aesthetics and comfort functionalities have never been their forte nor focus.

 

I suppose since the decision is more or less made, if you change yourself (by that I mean what you look for in a car) to the performance and driving 'feel', then you will be driving 1 heck of a car. How about that?

[Penknife]

Sorry to disappoint you. I think a down payment of $30k at 40% is impossible. That's mean the final selling price for the 1.2L QQ will be less than $80k. This will not happen.

this will not happen in the current market.

 

in future, who knows?

[Eaton]

Sorry to disappoint you. I think a down payment of $30k at 40% is impossible. That's mean the final selling price for the 1.2L QQ will be less than $80k. This will not happen.

Thing is alway changing . Never say never.

[Lucille]

looking at your desired drop from 45k to 30k , a difference of 15k. that means on theory the coe must drop by 15k assuming the cost of car remains from the surface. but detail calculate differs

 

now 40% = 45k , car selling at 112.5k

if you want 40% =30k, must sell at 75k

difference of 37.5

meaning coe must drop by 37.5... however know AD.. they will not give dollar to dollar ... thus maybe you should be expecting drop at least 40k. and that means coe to be in the range of 15k...

 

oooo boy you can wait.

 

I think wait till neck long long also very difficult. For them to sell at 75K, the basic of the 1.2 is already 34K. Plus say a profit of 20K, the COE will have to be about 21K for Cat A.

 

While some overly optimistic bros here think it is possible to see such levels of COE in the near future, I do not think so. At least not in our lifetime. As a whole, we have become much more affluent relative to the days of 'cheap' COE. This simply mean the bar of car ownership have raised with the time. My gut sense is 35-45K COE is now the minimum point of entry for car ownership.

[Ben5266]

Thing is alway changing . Never say never.

If it happened before, it might happen again.

[Lincoln]

Toyota just adjusted price upwards by $1k. Perhaps, a signal that sales are quite good over the weekends.

 

However, COE rebate levels remains at $50k and $54k.

 

These numbers will not be breached then.

[Dc81]

Thanks all bros to reply. Yes I also know it's not possible for that kind of drop. Just hope to have some hope. As 40k is pain in the ass man. If the price don't come down much. Might be considering a second hand for the time being.

[Heman75]

If it happened before, it might happen again.

 

another saying .. made the mistake once, never make it twice.. or learn from your mistake never do it again.

[Baal]

Low coe was a combo of free-flow coe paired with eco crisis. Moving forward, even if these 2 conditions are met, there is always OCS that can be implemented at varying levels to even things out.