1st round bidding for COE April 2016

[Antant77]

I think

 

CAT A: 45k

CAT B: 40K

[Runforyourlife]

I think:

 

A: 20k

B: 20k

[Pocy]

I think:

 

A: 20k

B: 20k

Can't be real right? You're making all happy ... Hahaha

[Runforyourlife]

Can't be real right? You're making all happy ... Hahaha

[Jthl]

Newbie guessing:

 

Cat A: 45K

Cat B: 47K

 

Just guessing...Shipment of cars arriving. Have to secure COE to release stocks.

 

I wonder how many 'backlog' cars are there? Tomorrow will clear 1.2K cars. Wow.

[Carstar]

Cat A : 41k

Cat B : 43k

[Roh96]

Just hope every round of bidding is lower than previous round, and PQP continues to go lower n lower..

[Axela72]

why AD so rigid to bid only at 45.5k? It is not like if they bid at 47k, they need to pay 47k when secure the coe. End of the day, if the coe turn out to be 45k, they still pay at 45k. The 47k or even higher bid is just to help them to increase the opportunity to secure the coe but not paying at their bidding price.

 

e.g. previous coe is 57k for benchmark, AD help to bid current coe at 63k. end up they pay only 60k as that is the final price at 4pm.

 

This bid is abt camrytron and tohto. Their dealers keep bidding $45.5k for them in Cat B. And Cat B is going to fall to that level this round because:

1. Cat B cars prices have been unremarkable since the $38K COE, so no one is rushing to buy.

2. Budget: No OCS, no nothing for cars, no more bogeyman, SE no more can frightened the buyers to commit now.

3. Yoyo chart says 10% quota increase for B, in 2 week; increase in supply = decrease in price; again, no one is rushing. 

 

A: $44K

B: $45.5K

 

Prologue: After Camrytron and Tohto get their COE tomorrow, it means Cat B backlog is dry like Sahara desert.  

 

btw, if the SE/AD is sincere to secure the coe for them, they should bid at over 50k this round for them.

 

Edited April 5, 2016 by Axela72

[Axela72]

Mr Li has already predicted cat B will be around 47 to 55k during this period in his thread. Why are u all keep forecasting it will be going further down and down? When will it be going above 50k instead? After next motor show (23rd/24th Apr)?

 

http://www.mycarforum.com/topic/2699681-2015-2017-coe-trend-analysis-no-chit-chat-please/?p=5771094

 

 

I think:

 

A: 20k

B: 20k

 

[Vinceng]

My take is next two rounds will drop, to entire buyers to bite at Cars @ Expo coming up end Apr.

 

Then, prices will head North again. It's a cycle.

Edited April 5, 2016 by Vinceng

[Runforyourlife]

Mr Li has already predicted cat B will be around 47 to 55k during this period in his thread. Why are u all keep forecasting it will be going further down and down? When will it be going above 50k instead? After next motor show (23rd/24th Apr)?

 

http://www.mycarforum.com/topic/2699681-2015-2017-coe-trend-analysis-no-chit-chat-please/?p=5771094

 

i see what you did there

[Kazuya]

I have to agree that COE will drop for 2 consecutive rounds for the upcoming car show end April. If COE shoots up, car dealers are shooting themselves in the foot. They already paid so much for a spot at the show plus marketing? You look at the trend in Jan this year, before car show also drop.

 

 

By the way, i just visited 2 PI earlier. Both increased prices after the weekend.

Edited April 5, 2016 by Kazuya

[Andy123]

Ppl here like to hear coe down down. And keep down until never end. That is the reason this thread created.

[Runforyourlife]

Ppl here like to hear coe down down. And keep down until never end. That is the reason this thread created.

 

quite a fair bit zhao liao.... zhao to eat fruit tart.

[kennytansk]

Despite what the mod said. I see your chart, I recognise it as the official COE bidding thread.

 

Yah lah, agree with u. Use the official one to officially open the new thread.

 

Its easier to read each fortnightly.... hehehe

[Ender]

Cheers for Camryton and Tohto!

[Sbtyong]

I have to agree that COE will drop for 2 consecutive rounds for the upcoming car show end April. If COE shoots up, car dealers are shooting themselves in the foot. They already paid so much for a spot at the show plus marketing? You look at the trend in Jan this year, before car show also drop.

 

 

By the way, i just visited 2 PI earlier. Both increased prices after the weekend.

 

I find the best price offered is actually the weekend before the car show. The price actually increased quietly during the car show.

 

just my observation.

[Axela72]

thought typically some AD increase price before car show and during the car show, from the list price they can give u further discount? 

I find the best price offered is actually the weekend before the car show. The price actually increased quietly during the car show.

 

just my observation.