CaptainSingapura Clutched February 7, 2018 Share February 7, 2018 Agree Dealers take calculated profit most time with COE... In addition, they also tie with Banks/Finance to get commission Adding also Insurance tie ups Not sure why LTA or Trade councils not regulate these in a fair and transparent way Some dealer's premium is a s high as 70%.Earning nearly 100k for selling a car with OMV less than 50k. Don't how could this profit margin be justified. ↡ Advertisement Link to post Share on other sites More sharing options...
Ct3833 Supersonic February 7, 2018 Share February 7, 2018 Cat A : 35k CAt B : 38K Link to post Share on other sites More sharing options...
Heng51 2nd Gear February 7, 2018 Share February 7, 2018 Cat A 40k Cat B 40k Link to post Share on other sites More sharing options...
Linusss 2nd Gear February 7, 2018 Share February 7, 2018 The number of bids received already at this time seem rather high. I think we will see a significant increase today, especially in CAT A. Link to post Share on other sites More sharing options...
DACH Supersonic February 7, 2018 Share February 7, 2018 Now 2.15pm. Let the hunger games begin. Link to post Share on other sites More sharing options...
Friendstar Supercharged February 7, 2018 Share February 7, 2018 Still low leh. I was expecting high bids Link to post Share on other sites More sharing options...
YUSIMLIM Neutral Newbie February 7, 2018 Share February 7, 2018 The number of bids received already at this time seem rather high. I think we will see a significant increase today, especially in CAT A. It is still at $1. Is this normal? Link to post Share on other sites More sharing options...
Heng51 2nd Gear February 7, 2018 Share February 7, 2018 It is still at $1. Is this normal?It will remain at $1 until the bids received exceed the quota. Then the lowest bid which is still in the running will be shown, and it will move up until the bidding is over. Link to post Share on other sites More sharing options...
RogerNg_185295 6th Gear February 7, 2018 Share February 7, 2018 Agree Dealers take calculated profit most time with COE... In addition, they also tie with Banks/Finance to get commission Adding also Insurance tie ups Not sure why LTA or Trade councils not regulate these in a fair and transparent way They prefer a free market system to generate the highest revenue Link to post Share on other sites More sharing options...
Ct3833 Supersonic February 7, 2018 Share February 7, 2018 Agree Dealers take calculated profit most time with COE... In addition, they also tie with Banks/Finance to get commission Adding also Insurance tie ups Not sure why LTA or Trade councils not regulate these in a fair and transparent way they have been fair and transparent enough to openly telling us how many billion of dollars they have made from COE money annually. 1 Link to post Share on other sites More sharing options...
CaptainSingapura Clutched February 7, 2018 Share February 7, 2018 they have been fair and transparent enough to openly telling us how many billion of dollars they have made from COE money annually.COE Money can be easily calculated with the total number * prices.Already transparent. But the bidding process seems to be rigged. We never know what's the highest,lowest or average bids. Link to post Share on other sites More sharing options...
Kurty Supercharged February 7, 2018 Share February 7, 2018 wow, CAT A looks very bullish.. Link to post Share on other sites More sharing options...
Tungsan 2nd Gear February 7, 2018 Share February 7, 2018 Based on bids received as of now, CAT A premium likely to rebound unless something unusual happening . The dust is set that CAT A quota is reduced about 100 in every bidding and VES in place before any changes in JUL, dealer will bid if they have orders before budget day . Link to post Share on other sites More sharing options...
coktky 2nd Gear February 7, 2018 Share February 7, 2018 wow, CAT A looks very bullish.. at least now Cat B is still healthy...LOL Link to post Share on other sites More sharing options...
Heng51 2nd Gear February 7, 2018 Share February 7, 2018 Cat A egg broken Link to post Share on other sites More sharing options...
YUSIMLIM Neutral Newbie February 7, 2018 Share February 7, 2018 at least now Cat B is still healthy...LOL Now is 30k for Cat A already. Link to post Share on other sites More sharing options...
Sktan10 5th Gear February 7, 2018 Share February 7, 2018 Now is 30k for Cat A already. Not even 3pm,lol.. Link to post Share on other sites More sharing options...
Kurty Supercharged February 7, 2018 Share February 7, 2018 i guess the end result, CAT A will goes to 44k? CAT B, down 6k.. time to go for B cars ↡ Advertisement Link to post Share on other sites More sharing options...
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