COE Bidding – 2nd Round of December 2017

[Sotong07]

wow wow dropped till so much.

but boh ai wan one lah.

if compare will heart attack soon.

[AFWE69]

  On 12/20/2017 at 8:30 AM, Daniu82 said:

Uncertainty over the upcoming VES and motor show next mth resulting in dropping of COE, maybe after motor show will shoot up again.

 

Maybe the real reason is that economy is not as good as everyone thinks.

[F430]

if dealer already bid CAT A for you - can still change order to cat B car?

 

Car not arrive yet...

[Enye]

don't think too much....coe drop is to compensate for VES surcharge next year

 

so that overall car price remains at similar levels

 

ADs know this game better than us lah

 

[Apple-Tree]

A deal is a deal.

 

  On 12/20/2017 at 8:49 AM, F430 said:

if dealer already bid CAT A for you - can still change order to cat B car?

 

Car not arrive yet...

 

[Scion]

Cat A COE a year ago can buy Cat B COE today

[Sktan10]

  On 12/20/2017 at 8:49 AM, Enye said:

don't think too much....coe drop is to compensate for VES surcharge next year

 

so that overall car price remains at similar levels

 

ADs know this game better than us lah

 

Agree.

Coe is always play/control by AD.

[stanleymyc]

  On 12/20/2017 at 8:50 AM, Scion said:

Cat A COE a year ago can buy Cat B COE today

Huat for those haven buy car!

 

Can buy cheaper car now

[JCsteven]

  On 12/20/2017 at 8:49 AM, F430 said:

if dealer already bid CAT A for you - can still change order to cat B car?

 

Car not arrive yet...

 

the COE bidding is via your account in Onemotoring. confirm can't changed.. 

 

you can check your onemotoring account and you will know how much dealer bid for you.

 

 

my AD bidded 62,999 but i got it at 53k. :(

Edited December 20, 2017 by JCsteven

[Enye]

pity those who went to renew their coes 6-10 months in advance

 

kena tricked by the LTA zero growth annoucement

 

[Renegade777]

More buyers will refrain from buying because who wants to pay more for VES. I think COE will continue to drop for Jan 18.

[Galantspeedz]

  On 12/20/2017 at 9:09 AM, Enye said:

pity those who went to renew their coes 6-10 months in advance

 

kena tricked by the LTA zero growth annoucement

 

 

Overall for PQP, Oct still lowest

[Harry4D]

Those who bought at high a month ago and get COE today will be cursing. COE past few rounds is relatively wild swing. All the hype up fear on zero car growth n VES is nonsense. AD never lose but at the expense of car buyers. It is still come down to affordability regardless of car price & COE.

[kdash]

all the best to those who got their COE this round. huat ar!!! 

[Char]

  On 12/20/2017 at 9:14 AM, Harry4D said:

Those who bought at high a month ago and get COE today will be cursing. COE past few rounds is relatively wild swing. All the hype up fear on zero car growth n VES is nonsense. AD never lose but at the expense of car buyers. It is still come down to affordability regardless of car price & COE.

Thanks to LTA

[Showster]

  On 12/20/2017 at 9:09 AM, Enye said:

pity those who went to renew their coes 6-10 months in advance

 

kena tricked by the LTA zero growth annoucement

 

The most important figure is how many COEs get returned to the bidding system.

 

PQP is still unchanged or higher in Dec right?

[Dafansu]

  On 12/20/2017 at 9:14 AM, Harry4D said:

Those who bought at high a month ago and get COE today will be cursing. COE past few rounds is relatively wild swing. All the hype up fear on zero car growth n VES is nonsense. AD never lose but at the expense of car buyers. It is still come down to affordability regardless of car price & COE.

 

30/40% down payment and private hire cutting down on bidding will have a major impact. The zero car growth won't affect much at least for the next 2 years as the number is low and the incoming expirying COE is high. When VES is up, COE will go down to counter it. The comfort level for a car now I think is in the range of 80k to 100k and slowly filtering towards the 80k range soon. 

[alphaqman]

  On 12/19/2017 at 9:05 AM, Heero1988 said:

Hi peeps, placed a 10k deposit on my credit card for 6 bid NG for my car. Apparently, they will refund the 10k back into my credit card if they fail to secure the coe. But wouldn't my 10k get stuck in the credit card? Anyone had similar experience?

u will bear all the fees related to it after 6 bids if you did not get the car. My colleague kanna before. Good luck.  I wrote cheque for my transaction

  On 12/20/2017 at 8:49 AM, F430 said:

if dealer already bid CAT A for you - can still change order to cat B car?

 

Car not arrive yet...

 

anything also can.... just pay more $$