COE Bidding – 2nd Round of July 2018

[DACH]

Jazz 1.3 - no keyless entry/push start, no climatic aircon, have cruise control.

 

Fit 1.3 - got keyless entry/push start, got climatic aircon, no cruise control.

 

U see, win some lose some both Fit/Jazz.

Seems like Fit is the better deal.

[Matrix0405]

Do not feel bad if you do not get your COE in this bidding exercise. Due to the large orders, ADs have to spread out their bids so that they get more profits from  their orders.

 

Some paid higher and still did not get theirs while some paid lower got theirs.

 

Let us analysis from AD's perspective. If one pays 2k more for the same car, AD may bid lower so as not to compete for the limited quota and allow the cheaper order to get it first. The one paying higher price can wait for the next bidding exercise which hopefully COE price will remain the same. Imagine, if AD also try to get the one paying higher price and bid higher, both the buyer paying lower and the one paying higher will end up with a higher COE price and AD suffers, not buyers. 

 

So be patient, buyers who miss this round, DO NOT top up even if SE come calling. You will get your COE within the next one or two bids. 

 

 

This is a revelation. Do not think the more you pay , the higher priority you have. It can be the opposite. AD need to clear those who pay less first as they have less room to move, while for those who pay more, AD is not afraid of runaway COE, they got time&margin to slowly play with/for you. When you allow COE to be bundled, AD are given the room to play, buyers got no say.

[DACH]

I signed for a 6 bid non guarantee on a Kia Cerato for 89,999. I applied when the COE was 25,000 for Cat A. Do I need to top up if my SE ask me to top up for the car if the COE price increase?

Please don't.

[JamesonX]

I signed for a 6 bid non guarantee on a Kia Cerato for 89,999. I applied when the COE was 25,000 for Cat A. Do I need to top up if my SE ask me to top up for the car if the COE price increase?

 

They have a profit margin to play with. Even if SE ask also try not to top-up until the last moment. A good way to gauge is check what price did they sell you the car and what is the basic car price. Know the margin and decide.

 

Unless the COE is so high that they are making a loss by selling you (unlikely), don't top up.

Edited July 19, 2018 by JamesonX

[Kensh09]

They have a profit margin to play with. Even if SE ask also try not to top-up until the last moment. A good way to gauge is check what price did they sell you the car and what is the basic car price. Know the margin and decide.

 

Unless the COE is so high that they are making a loss by selling you (unlikely), don't top up.

Last moment means last bid? I guess SE try to scare buyers by asking them to top up in order to secure the coe. 

[RogerNg_185295]

Yes. Cannot compare the latest prices with the prices when COE drop 9k. I wonder why people mindset can be so simple? Backtrack back when COE was 40k ++,  Prices still never drop much.

Wa, despite coe now is around 31k and yet the overall car price still so expensive! 

 

[WangZhizhong]

How u guys find the latest price for elantra and k3? I can't find the prices even on the official website

[Racket325]

How u guys find the latest price for elantra and k3? I can't find the prices even on the official website

Elantra is $78,999 for basic model, $82,999 for S. $3k increase across the board

 

http://www.hyundai.com/sg/en/Shopping/ShoppingTools/PriceList/index.html

[HappyDriver24]

hello are there buyers who booked Sienta from BM at $85k got the Coe?

thank u

[ChrisShady]

I signed for a 6 bid non guarantee on a Kia Cerato for 89,999. I applied when the COE was 25,000 for Cat A. Do I need to top up if my SE ask me to top up for the car if the COE price increase?

 

i wont do that if i were you. I expect next bidding to be around this range and may start falling a little once dealer cleared their order.

[WangZhizhong]

Elantra is $78,999 for basic model, $82,999 for S. $3k increase across the board

 

http://www.hyundai.com/sg/en/Shopping/ShoppingTools/PriceList/index.html

Thanks!!

[OngGuoRong]

Why tucson is not listed in hyundai price list? They no longer carry that model? Any feedback or anyone has experience this car before? Now is the 2L compared to the old 1.6L? Thanks

[Friendstar]

I signed for a 6 bid non guarantee on a Kia Cerato for 89,999. I applied when the COE was 25,000 for Cat A. Do I need to top up if my SE ask me to top up for the car if the COE price increase?

89,999 for a Kia k3? How come so ex?

[HansR]

89,999 for a Kia k3? How come so ex?

It's the mid-base model and the price is before $5k In-house subsidy and $5k In-house trade in subsidy.

[BobbyTan_74287]

is that normal? Should i question why they did not bid?

 

Yes, you should question your AD why they did not bid for you as you lost the opportunity for lower COE. If your car price is guaranteed, then you did not bother as you will sure get your car sooner or later. I booked a car which will come in Jan/Feb 2019 and so the AD told me they will not bid until times come but my car price is guaranteed. 

[Victorpoh]

I signed for a 6 bid non guarantee on a Kia Cerato for 89,999. I applied when the COE was 25,000 for Cat A. Do I need to top up if my SE ask me to top up for the car if the COE price increase?

 

is this for the all-new cerato? I booked also, and SE told me that the price is not firm. it's only indicative. they are waiting for the car to pass LTA inspection and will inform me once the price is firm. so I believe no bid has been place yet for the new cerato.

[HansR]

is this for the all-new cerato? I booked also, and SE told me that the price is not firm. it's only indicative. they are waiting for the car to pass LTA inspection and will inform me once the price is firm. so I believe no bid has been place yet for the new cerato.

 

Yes for the all-new cerato. Yes same thing. .

[GhostAndGod]

i thought the km deal was complimentary upgrade to guaranteed coe?

 

They said 6 bids non guaranteed, i asked if they have guaranteed COE, my SE told me they dont.

And told me confidently they will secured it in 1 or 2 bid.

 

I had failed mine yesterday, lets see 8th Aug

I believe KM will treat all COE as guanrantee. Maybe the car not ready and so they purposely bid low to bid next round. As yours is the premier version, I think they will sure give you the car even next round higher COE.

 

I hope so lah.

 

Was so pissed off seeing some of the bros here able to secure with their COE at 32-34k with KM.

My SE bid 319xx and kana outbidded.

 

Now i have to wait for another 20 days to go through the process again.

 

Anyway, at the end of the day, if KM not able to secure us any COE and refund booking fees, the SE also earn nothing, so i believe they will try their best to close the deal by securing a COE for us. Some more, i trade in my car to KM, insurance and bank loan also let them settle. ( should be quite abit of profit for them )