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COE Bidding – 2nd Round of December 2017


Carbon82
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What is the updated price of Attrage & Bezza ? Can they crack $70K support? 

This VES is still very confusing. How does it affect the Parf value of a car? 

 

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Er ....... VES does not affect PARF value, it is a fixed non-refundable tax.

 

If the big car price is the same, chances that the scrap value is lower as COE is probably lower lor....... if scrapped before 10 years lor

 

Garment is trying to displace a Variable Refundable Fee like COE with a Fixed Non-Refundable Tax lor ........ More predictable revenue stream lor ......

 

 

 

What is the updated price of Attrage & Bezza ? Can they crack $70K support? 

This VES is still very confusing. How does it affect the Parf value of a car? 

 

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So will it goes lower again come Jan'18???

Based on past 4 coe bidding unsuccessful bids, it's on down trend, from high of 1.7k to recent > 500(norm b4 e expo surge) probably ard 35k range..

Then again, 38k might be attractive enough to attract those fences waiting crowd...

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VES does impact ARF if it is a rebate, no impact if it is a surcharge (will be additional tax).

 

So yes, it does impact PARF if there is a rebate given.

Edited by JQ01
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Er ....... VES does not affect PARF value, it is a fixed non-refundable tax.

 

If the big car price is the same, chances that the scrap value is lower as COE is probably lower lor....... if scrapped before 10 years lor

 

Garment is trying to displace a Variable Refundable Fee like COE with a Fixed Non-Refundable Tax lor ........ More predictable revenue stream lor ......

Haha,agree.

Tax no need to return you back.

Coe need to return you back if you scrap your car early.Becomes  money collected cannot be put to good use.

Edited by Sktan10
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Yes, all the PQP is still trending up.

 

If the COE quota starts to drop prematurely due to early renewals, especially the 5 year renewals, there should be an effect on the COE levels as well, but we can only see when the actual numbers renewed come out.

 

When they renewed, there is a time lapse before it affects the quota.

 

Those who renewed early might still be right.

Huh?? You mean COE is going down but PQP is going up?? That defies logic. It's like saying I keep spending money, but my bank numbers keep growing. Lol.

 

If COE is going down for the past few months, obviously PQP will follow too taking average of past 3 months.

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As customer, you will not gain anything at all from this kind of COE game which the winner is already determined.

 

No matter COE is up or down, it will only benefit car dealer and government.

When COE up - government earn more $$$ and car dealer will adjust up car price list 

When COE down - car dealer earn more profit as long as not hit the rebate limit and government will start introducing new rules to jerk up the COE again

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As customer, you will not gain anything at all from this kind of COE game which the winner is already determined.

 

No matter COE is up or down, it will only benefit car dealer and government.

When COE up - government earn more $$$ and car dealer will adjust up car price list 

When COE down - car dealer earn more profit as long as not hit the rebate limit and government will start introducing new rules to jerk up the COE again

So is

coe up,goverment earn more,dealer earn less.

coe down,goverment earn less,dealer earn more.

Which one we prefer?

None,lol....

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JUST-IN JOINT MEDIA RELEASE BY THE LAND TRANSPORT AUTHORITY (LTA) & NEA - NEW VEHICULAR EMISSIONS LABEL FROM 1 JANUARY 2018

 

https://www.lta.gov.sg/apps/news/page.aspx?c=2&id=37654ca8-ef14-4c1a-851d-06fc527f839f

 

Annex A for the VES banding rebates and surcharges, and bands of examples of common car models under the VES.

Edited by Dafansu
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JUST-IN JOINT MEDIA RELEASE BY THE LAND TRANSPORT AUTHORITY (LTA) & NEA - NEW VEHICULAR EMISSIONS LABEL FROM 1 JANUARY 2018

 

https://www.lta.gov.sg/apps/news/page.aspx?c=2&id=37654ca8-ef14-4c1a-851d-06fc527f839f

 

Annex A for the VES banding rebates and surcharges, and bands of examples of common car models under the VES.

 

ya la... chut pattern to prop up COE again.!!! now say PM can be neglected from jan to June 2018.

 

getting more and more like our neighbor up north. announce and then delays and revisions and changes....

 

I miss my old singapore.

Edited by Mkl22
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ya la... chut pattern to prop up COE again.!!! now say PM can be neglected from jan to June 2018.

 

getting more and more like our neighbor up north. announce and then delays and revisions and changes....

 

I miss my old singapore.

 

The PM thing already announced since June

 

http://www.nea.gov.sg/corporate-functions/newsroom/news-releases/vehicular-emissions-scheme

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As customer, you will not gain anything at all from this kind of COE game which the winner is already determined.

 

No matter COE is up or down, it will only benefit car dealer and government.

When COE up - government earn more $$$ and car dealer will adjust up car price list 

When COE down - car dealer earn more profit as long as not until it hit the rebate limit and government will start introducing new rules to jerk up the COE again

correct for you.

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Looking at annex A.

 

Seems like most common cars will cost $5000 more (2017 CEVS has rebate $5000, but 2018 VES is neutral $0)

 

Seems like the COE result is very very clearly controlled by AD to make the COE cheaper by ~$5000, and therefore the selling price of 2018 cars will more or less the same as December2017 price level.

 

Seems legit?

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Looking at annex A.

 

Seems like most common cars will cost $5000 more (2017 CEVS has rebate $5000, but 2018 VES is neutral $0)

 

Seems like the COE result is very very clearly controlled by AD to make the COE cheaper by ~$5000, and therefore the selling price of 2018 cars will more or less the same as December2017 price level.

 

Seems legit?

 

this called price fixing

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Except COE is dynamic while VES is fixed. So if COE drops 10K the garment need not worry a drop in 10k revenue since the moment the car arrives here they already earn.

 

Again it was never about the environment  [grin]

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Looking at annex A.

 

Seems like most common cars will cost $5000 more (2017 CEVS has rebate $5000, but 2018 VES is neutral $0)

 

Seems like the COE result is very very clearly controlled by AD to make the COE cheaper by ~$5000, and therefore the selling price of 2018 cars will more or less the same as December2017 price level.

 

Seems legit?

is not true.

 

my AD (C&C) vendor bidding 42K+ and BM bidding 46K+! when the COE is at 38K.

 

clearly there is very a weak demand due to CEVS uncertainty (all buyer waiting), i am struggling to understand too how BM to earn from vios and altis pricing. (few K at most after deducting the car cost).

 

anyway, Vios drop 4K immediately which represent a good buy now, a medium sedan car below 91K with good features! wow!

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is not true.

 

my AD (C&C) vendor bidding 42K+ and BM bidding 46K+! when the COE is at 38K.

 

clearly there is very a weak demand due to CEVS uncertainty (all buyer waiting), i am struggling to understand too how BM to earn from vios and altis pricing. (few K at most after deducting the car cost).

 

anyway, Vios drop 4K immediately which represent a good buy now, a medium sedan car below 91K with good features! wow!

 

 

Hehehe....don't think Vios is a medium sedan. Think it is the lowest sedan model and at that price is really not cheap.

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you have the last laugh?

when you sign that time how much was the coe?

you car price is based on “that time” coe and not today coe price

The COE was $12k Edited by Jdar
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