Coe 2nd round for May

[Vinceng]

The recent low coe think was last seen at 48k, then after which coe always hover between 49-53k.

The last round Cat A COE dropped to to $46K level was in the Feb 2017, 1^st bid – that was the 2^nd bid AFTER the Singapore Motor Show. It dropped from $52K to $46,401.

 

History has repeated itself. Today’s bid is also the 2^nd bid, after the Cars at Expo Motor Show. COE dropped from $51K to $46K range.

 

More or less can see how the distributors exploit, manipulate & control the COE system, with the full support of the relevant authorities.

Edited May 24, 2017 by Vinceng

[13177]

The last round Cat A COE dropped to to $46K level was in the Feb 2017, 1^st bid – that was the 2^nd bid AFTER the Singapore Motor Show. It dropped from $52K to $46,401.

 

History has repeated itself. Today’s bid is also the 2^nd bid, after the Cars at Expo Motor Show. COE dropped from $51K to $46K range.

 

More or less can see how the distributors exploit, manipulate & control the COE system, with the full support of the relevant authorities.

Whether true or not, dont believe coe system too much.

[Vinceng]

Whether true or not, dont believe coe system too much.

 

COE is not called Certificate of Exploitation for no reason 

Edited May 24, 2017 by Vinceng

[Jumpmanz]

COE is not called Certificate of Exploitation for no reason 

 

first time heard of this but agreed fully on it

[Showster]

Cat C is slowly being forgotten. Maybe the demand from Cat A filtered to Cat C, which ended above 30,000, about 16K below Cat A.

 

Maybe it's a good school holiday discount for parents to visit showrooms?

[flashbang]

Wah piang, every time drop people will come in with the same story about how COE going to plunge liao.

 

There are many people at the sidelines ready to jump in at their target price. Economy bad is relative, you may be in a social circle where everyone one is having a hard time, someone else is in a social circle where they wondering which second/third property to invest in.

[Midab]

Cannot wait anymore... it now or never..This weekend must sign on the dotted line.

[Kanglyk]

Cat C is slowly being forgotten. Maybe the demand from Cat A filtered to Cat C, which ended above 30,000, about 16K below Cat A.

 

Maybe it's a good school holiday discount for parents to visit showrooms?

Agreed with your view on CAT C bumpy crop had shift some demand from CAT A to CAT C due to price sensitvity.

[blmg]

Cat A sales not so good last 2 weeks because Altis is back to $110k and Civic at $115k, unlike the previous months where Altis was going for less than $100k and civic at $110k.

[Raccon82]

Ahhh my SE help me bid 52k for the first time. So fast tio liao. Haven't got enough moola to save up. Donno to be happy or to cry as I buy it at COE 51k..

[Limweiyao]

think i got it on my 1st bid.... my SE told me she bidded for me 50,999 but should i be happy? :( 

My SE bidded 52k for me :(

[Ct3833]

Their 9 year old cars will also release some new COEs in the market.

 

 

It's a backlog of people who are only willing to pay <45k.

 

At $1, the backlog will be way more than 600

$1 backlog is 10 million because every sinkapoorean will want to buy 2 cars each.

[DACH]

Good news and congratulations to those who got their COEs.

 

Those who need one and have been waiting can now go and make your dream come true. No need to wait till drop to 30k. Don't think it's going to happen.

[wpy]

The last round Cat A COE dropped to to $46K level was in the Feb 2017, 1^st bid â that was the 2^nd bid AFTER the Singapore Motor Show. It dropped from $52K to $46,401.

 

History has repeated itself. Todayâs bid is also the 2^nd bid, after the Cars at Expo Motor Show. COE dropped from $51K to $46K range.

 

More or less can see how the distributors exploit, manipulate & control the COE system, with the full support of the relevant authorities.

I see what you're saying about history repeating itself , following the two car shows. But how does this imply that distributors are exploiting, manipulating and controlling the COE system?

[Showster]

My SE bidded 52k for me :(

Don't worry, if you drive for 8 years, the actual COE value of your car will only remain a distant memory.

[Oinkoink1999]

My SE bidded 52k for me :(

wow..yr SE more hiong then me..what car did you book? 1st bid?

[Ct3833]

Whatever the case, another round of COE bidding is over. Before the next bidding, allow me to congratulate those who have gotten their COE!

[Sktan10]

Cat A sales not so good last 2 weeks because Altis is back to $110k and Civic at $115k, unlike the previous months where Altis was going for less than $100k and civic at $110k.

 

Now should see altis 105k and civic 110k since coe drop 4k plus.