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COE bidding - 1st round of Feb 2017


therock
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Cat C seems to be holding at 45,001

 

 

last 2 bids were $46k and 47K, so i guess there about liao.  [laugh]  [laugh]  [laugh]

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I heard / see / read/ being mentioned the word "car lite"on average 20 times per week. So our govt is going to relax car loan to 10 years to make car affordable is also "car lite" ?

 

As far i could remember

 

Under LKY/GKT

Car loan down 30% loan 7 years

 

Under LHL

Down 0 loan10 years

Down 50/60% loan 5 years

Down  60/70% loan 7 years

 

Down 0 loan 10 years again????? :huh:  

 

 

Car loan got nothing to do with car lite.  If they really wanted, just announce 0% COE growth.  After all, the COE growth has been repeatedly cut till it's only 0.25% now.  Sooner or later will be 0%.

 

Then with car loans relaxed, no more new COEs, COE prices will skyrocket and car population stabilized.  That means more money in the coffers - really car lite then, and those who really want a car, be prepared to pay though your nose.

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Cat A & B almost reaching the quota, sure around 50K+ or more again.

Thought it was supposed to come down after CNY? esp with more quota??

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You need to understand how it works, by seeing $1 now does not mean all the existing bids are $1. Dont use the word "blindly" until you understand the COE system.

you are correct because i just submitted my bid via atm. definitely my is more than $1 although it still shows $1. how to see the real bid?

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First time to see CAT B starts with $2 and then $3 !! Later $101 ...

 

yup.......but now jumps to 1,509 liao :)

 

the missile starts shooting ups...........28,889

Edited by AltisOwner
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you are correct because i just submitted my bid via atm. definitely my is more than $1 although it still shows $1. how to see the real bid?

 

 

good luck bro, which CAT you gunning for?

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