Blackyv Turbocharged February 3, 2016 Share February 3, 2016 Wonder what can my budget of 115k buy tomorrow.... Mz6 is within range i hope .... Hehehe... ↡ Advertisement Link to post Share on other sites More sharing options...
Ptcaca 2nd Gear February 3, 2016 Share February 3, 2016 Where is the KIA guy who vouched COE will never crash? not crashed yet. Link to post Share on other sites More sharing options...
sake Twincharged February 3, 2016 Share February 3, 2016 I have been monitoring the COE bidding closely for the past few months. For Cat B bidding this afternoon, I could really sense the desire among the bidders not to overbid. Even when the number of biddings exceeded the number of quota available, the feeling was that the price increase was 'measured'. I was the more 'kancheong' one and even amended my bid at 3:57 pm.My initial bid was already enough to succeed. Link to post Share on other sites More sharing options...
Yaloryalor 5th Gear February 3, 2016 Share February 3, 2016 Wonder what can my budget of 115k buy tomorrow.... Mz6 is within range i hope .... Hehehe...What is the Mazda 6 price before today? Please share what's the latest price after today. Link to post Share on other sites More sharing options...
flashbang Turbocharged February 3, 2016 Share February 3, 2016 I have been monitoring the COE bidding closely for the past few months. For Cat B bidding this afternoon, I could really sense the desire among the bidders not to overbid. Even when the number of biddings exceeded the number of quota available, the feeling was that the price increase was 'measured'. I was the more 'kancheong' one and even amended my bid at 3:57 pm.My initial bid was already enough to succeed. It's only natural for individuals. For dealers, they don't mind if some of their bids lose out. For individuals, you will be very sian if your bid is only a few dollars away from the final price, you confirm revise it up in order to get your COE. Link to post Share on other sites More sharing options...
Tohto Hypersonic February 3, 2016 Share February 3, 2016 Good,. Stupid policy. So many requests to do it by OMV and their LAME answer was 'too difficult'. More egg on their scholar face is good. KNS, ever worked in a private sector company? You think any private enterprise turning over revenue like your COE does has easier processes than fixing COE cat by OMV? Problem now is they might 'cheat' by changing formula and converting Cat B quota to A. High possibility they may do this.... Link to post Share on other sites More sharing options...
Baal Supersonic February 3, 2016 Share February 3, 2016 I still say...just merge A, B & E. If really want to tax premium n luxury, then while merging above, further adjust ARF for differentiation. A = pte car B = commercial C = motorcycle Link to post Share on other sites More sharing options...
Eaton 2nd Gear February 3, 2016 Share February 3, 2016 What is the Mazda 6 price before today? Please share what's the latest price after today.Mazda 6 still maintain high profit margin at 124k even Coe dropped from 60k to 50k Link to post Share on other sites More sharing options...
Baal Supersonic February 3, 2016 Share February 3, 2016 Seems that 50k is the breakpoint whereby any further drops will yield diminishing returns on savings passed down to buyers. 5 Link to post Share on other sites More sharing options...
Imac 5th Gear February 3, 2016 Share February 3, 2016 Actually I feel not all will rejoice, especially those with low rebate level, do correct me if my understanding wrong. Eg: Last COE for Cat B was about $50k and price of car is $120k. Dealer put rebate level at $40k, and this round successfully bid the COE to this buyer. Means the buyer would have paid $120k for a car with COE of $38.6k and only get rebate of $1.4k. Wouldn't this buyer lugi? Very good point here... One thing I never understand Why in the contract, AD can clearly put COE at $50k...but on the very next line..it state that (**rebate at $40k)... Can we buyers demand for rebate to be equal with COE ? Link to post Share on other sites More sharing options...
Silklee 3rd Gear February 3, 2016 Share February 3, 2016 Very good point here... One thing I never understand Why in the contract, AD can clearly put COE at $50k...but on the very next line..it state that (**rebate at $40k)... Can we buyers demand for rebate to be equal with COE ? Will buyer willing seller. Part of the dealer's profit is built into the COE price they bid for u. Link to post Share on other sites More sharing options...
skboy 3rd Gear February 3, 2016 Share February 3, 2016 think can get paper value only not offended just pissed at the system. but this is the system. Buy at high coe will always be riskier more downside. If willing to buy then must be willing to pay/lose. But now if coe were to continue to dive, maybe I can change car too. Should this 38K COE happened last year, I wouldn't hesitate to commit a brand new car. But now when the global economy has weaken, and when my company keep struggling to bring in new business, I wouldn't dare to even think about it. So I'm like during good economy, cannot afford. Poor economy, dare not buy. Anyway, come this April will have to decide one as my current ride is heading for scrapyard. 4 Link to post Share on other sites More sharing options...
Ct3833 Supersonic February 3, 2016 Share February 3, 2016 Actually some ADs quote prices without COE, e.g. Stuttgart Auto.This is just one of the very few exceptions, who would care about coe price when one could afford a Porsche? Link to post Share on other sites More sharing options...
Vinceng Turbocharged February 3, 2016 Share February 3, 2016 Should this 38K COE happened last year, I wouldn't hesitate to commit a brand new car. But now when the global economy has weaken, and when my company keep struggling to bring in new business, I wouldn't dare to even think about it. So I'm like during good economy, cannot afford. Poor economy, dare not buy. Anyway, come this April will have to decide one as my current ride is heading for scrapyard. Unless you are going to give up driving, it makes more sense to buy brand new than used car. Used cars are going at a much higher annual depreciation than new cars. So if you place your order by this weekend & go for 6 bids non guaranteed (prices will definitely be raised after this weekend, just like when Cat A COE crashed to $45K a month ago), just nice you should get your new car before your current car is scrapped. Worst case, don't have to get a Cat B car. Just a simple Cat A car like Mitsubishi Attrage, Nissan Note, Chery Fulwin, all with $80K range. Worst worst case, renew COE. If aything happens to your job, and you got to sell your car, you don't lose much; just the scrap value forgone and pro rated COE. 2 Link to post Share on other sites More sharing options...
npatrick 1st Gear February 3, 2016 Share February 3, 2016 Very good point here... One thing I never understand Why in the contract, AD can clearly put COE at $50k...but on the very next line..it state that (**rebate at $40k)... Can we buyers demand for rebate to be equal with COE ? I wonder too. If the spirit of rebate is about fair dealing and to pass COE savings back to consumer why can't they do that. Like bro Silklee say part of the dealer's profit is built into the COE price they bid. May be there should be a law to stop that and all dealers must give a breakdown of their profit in the contract. Link to post Share on other sites More sharing options...
Volvobrick Supersonic February 3, 2016 Share February 3, 2016 I wonder too. If the spirit of rebate is about fair dealing and to pass COE savings back to consumer why can't they do that. What's wrong about making more money? As one famously said. Then garmen is leading by example..... 1 Link to post Share on other sites More sharing options...
Hachi 3rd Gear February 3, 2016 Share February 3, 2016 Me guessing this weekend's suzuki ad will scream "Book a Swift 1.4 and get a free upgrade to Swift Sport". Not too bad right, anyway auto swift sport as all swift are auto, right... Link to post Share on other sites More sharing options...
Lotr 6th Gear February 3, 2016 Share February 3, 2016 Should this 38K COE happened last year, I wouldn't hesitate to commit a brand new car. But now when the global economy has weaken, and when my company keep struggling to bring in new business, I wouldn't dare to even think about it. So I'm like during good economy, cannot afford. Poor economy, dare not buy. Anyway, come this April will have to decide one as my current ride is heading for scrapyard. that's the dilemma isn't it? same with housing but you;re not alone, everyone's thinking the same thing. So gotta think out of the box, who dares win, no? btw, your current ride need not go to scrapyard, can consider renewing coe ↡ Advertisement Link to post Share on other sites More sharing options...
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