Ben_minton 1st Gear May 5, 2016 Share May 5, 2016 Does anyone know this month which date is the last day to buy May 2016 PQP? My car COE expires 4 June. It seems like June PQP will be higher.... Hi Frost Just to share, my car will also be due next month.... we can renew/extend our coe for next 5 or 10 years this or next month, see attached link http://www.onemotoring.com.sg/publish/onemotoring/en/lta_information_guidelines/maintain_vehicle/coe1.html You are right, the sweet spot for coe-pqp is this month, make sure u do so before end of May ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Fruit-tart 3rd Gear May 5, 2016 Share May 5, 2016 After Uber have achieved their target of 1800 COEs, & the 1400 orders from Cars@Expo have been submitted, Coe will definitely come down... The only question is how much. ð I think possible to go below 40k but not much lower... After Uber have achieved their target of 1800 COEs, & the 1400 orders from Cars@Expo have been submitted, Coe will definitely come down... The only question is how much. ð I think possible to go below 40k but not much lower... I watched channel 8 news tonite.. got someone said uber n grab taxi should hv their category, not bid tgt with consumers..so tt coe will come down.. sth like tt??? Link to post Share on other sites More sharing options...
Ben_minton 1st Gear May 5, 2016 Share May 5, 2016 I can tell you what I saw. About 1000 bids at cat A in this round at $37k were unsuccessful . If I take away from the next fortnight bid of 2200 available cat A Coe and assuming that the number of revision of price in that 1000 unsuccessful bids were insignificant (each of those comprised of one bidder) , it means that only 1200 cat A remains available in the next round. For cat B , the unsuccessful was 800 bids at $38k meaning only 600 cat B remains. It is likely not the case therefore that Coe price will be markedly lower next round given the high number of unfulfilled bids at the $37 k support level. Thanks Eric as this is a very good info considering the fact ~80% of the Un-successful bids (1000/1200 & 800/1000 for cat A & B) are 37k~38K range. This data shows $40K is very achievable in few bids. Good to wait for a while to save few $K ($5k~$7k). 1 Link to post Share on other sites More sharing options...
Andyngps 5th Gear May 5, 2016 Share May 5, 2016 mine Komoco. book non-G during carshow. first bid today got it. thier bidding price very fierceJust find it weird how come many bidded fierce for this round. Some of my friebds also got theirs today. Crystal ball revealing coe will get higher in next few rounds???? Link to post Share on other sites More sharing options...
Jamesgetz 4th Gear May 5, 2016 Share May 5, 2016 I can tell you what I saw. About 1000 bids at cat A in this round at $37k were unsuccessful . If I take away from the next fortnight bid of 2200 available cat A Coe and assuming that the number of revision of price in that 1000 unsuccessful bids were insignificant (each of those comprised of one bidder) , it means that only 1200 cat A remains available in the next round. For cat B , the unsuccessful was 800 bids at $38k meaning only 600 cat B remains. It is likely not the case therefore that Coe price will be markedly lower next round given the high number of unfulfilled bids at the $37 k support level. Agreed. That's still not counting car dealers who have received orders but did not put in bids and people are still waiting on sidelines to order their cars. I have 2 colleagues who are in the latter group... 1 Link to post Share on other sites More sharing options...
Char 5th Gear May 5, 2016 Share May 5, 2016 Ubor got bid or not ? 1 Link to post Share on other sites More sharing options...
Blackyv Turbocharged May 5, 2016 Share May 5, 2016 Ubor got bid or not ? Let me call Travis Kalanick and ask first thing on the morning.... Hehehhe 2 Link to post Share on other sites More sharing options...
Carstar 1st Gear May 5, 2016 Share May 5, 2016 Ubor got bid or not ?Don't think so, if got bid should be will report in news, wait tomorrow then see got report or not Link to post Share on other sites More sharing options...
Char 5th Gear May 5, 2016 Share May 5, 2016 Don't think so, if got bid should be will report in news, wait tomorrow then see got report or notIf never bid also up like that crazy Liao lo .... Link to post Share on other sites More sharing options...
Kia7200 5th Gear May 5, 2016 Share May 5, 2016 I watched channel 8 news tonite.. got someone said uber n grab taxi should hv their category, not bid tgt with consumers..so tt coe will come down.. sth like tt???I saw the news too, They r proposing only Link to post Share on other sites More sharing options...
EWander 6th Gear May 5, 2016 Share May 5, 2016 If this round not too many spoiled votes bids, our government will be bagging a record breaking $229mil in COE revenue, smashing the previous record of $214mil acheived exactly a year ago, or about 24% more than $184mil collected just 2 weeks ago. Basing on this trend, total revenue collected from COE bidding alone will be ~$4bil or more for the whole of 2016! LTA huat arh... No wonder can spend few bio a year buying helicopters and weapons. u drive more cars we will hv more fighter planes n choppers 1 Link to post Share on other sites More sharing options...
Char 5th Gear May 5, 2016 Share May 5, 2016 I saw the news too, They r proposing onlyNothing new .... Last month already so Kant people making noise Liao ... Link to post Share on other sites More sharing options...
monsieurlee 2nd Gear May 5, 2016 Share May 5, 2016 Nothing new .... Last month already so Kant people making noise Liao ...Think a lot of noise but didn't quite gain traction. Quite difficult to implement as the business model of uber type is very different from taxi companies. Our gahment already said let market forces take its natural course - in other words laissez-faire. The bidding by these business will run its course - it's only a matter of time. But I am pretty surprised that with the malls so quiet in town and retailers not doing well, cars seem to register spectacular sales. It's a small country yet thousands and thousands of car is up for Coe bids every fortnight. Can really say this country is really car craze. Thousands thousands...really. Am equally culpable. 1 Link to post Share on other sites More sharing options...
Kia7200 5th Gear May 5, 2016 Share May 5, 2016 Nothing new .... Last month already so Kant people making noise Liao ... but this time is don't know what car organisation proposing to stabilise the coe premium. by the time mot approved, they already finish bidding the coe lo. btw no harm la... just hope there r no more car show in near future Link to post Share on other sites More sharing options...
Arch1984 4th Gear May 5, 2016 Share May 5, 2016 Think a lot of noise but didn't quite gain traction. Quite difficult to implement as the business model of uber type is very different from taxi companies. Our gahment already said let market forces take its natural course - in other words laissez-faire. The bidding by these business will run its course - it's only a matter of time. But I am pretty surprised that with the malls so quiet in town and retailers not doing well, cars seem to register spectacular sales. It's a small country yet thousands and thousands of car is up for Coe bids every fortnight. Can really say this country is really car craze. Thousands thousands...really. Am equally culpable. Alot of ppl deregister so alot of ppl buy lo. We basically just trying to outbid each other only. Whoever pays more get the car. 1 Link to post Share on other sites More sharing options...
monsieurlee 2nd Gear May 5, 2016 Share May 5, 2016 Alot of ppl deregister so alot of ppl buy lo. We basically just trying to outbid each other only. Whoever pays more get the car.And flushed with cash? No where to burn money burn it with the cars! Outbid but decided by the dealers and Pis! 1 Link to post Share on other sites More sharing options...
EWander 6th Gear May 5, 2016 Share May 5, 2016 For those that didnt get this round, how much did your dealers bid for? 42k Link to post Share on other sites More sharing options...
Arch1984 4th Gear May 5, 2016 Share May 5, 2016 And flushed with cash? No where to burn money burn it with the cars! Outbid but decided by the dealers and Pis! ↡ Advertisement Link to post Share on other sites More sharing options...
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