COE Bidding – 1st Round of April 2019

[jslm0210]

Don't buy car from MI! 8 times non guarantee , shit, they didn't really bid for u. waste time.

[13177]

Cat A increased to $33k! And Cat B increased to near $50k!

Open Cat is at $52! 

[cyee29]

Insane increase ... lucky got mine coe 2 weeks back ...

[nigel8210]

Cat A increased to $33k! And Cat B increased to near $50k!

Open Cat is at $52! 

Open Cat increased by 20K since the beginning of the year

scary sia

[Kia7200]

This April is the last pqp? Guess there will be ppl renewing their coe this month.

 

Less coe quota plus phv buying cars. Hosey

[cashcow]

Last round 1st bidding April 2019 vs 2nd bidding prediction ;))

 

Cat A   $29,159 - up 5% $30,615

 

Cat B   $43,102 - up 8% $46,550

 

Cat E   $48209 -  up 2% $49,175

 

Just gassing

 

 

Last round 1st bidding April 2019 vs 2nd bidding Actual (Amended)

 

Cat A   $29,159 - up 13.9%   $33,199

 

Cat B   $43,102 - up 11.3%   $48,000

 

Cat E   $48209 -  up 8.7%     $52,410

 

Grossly underestimated

Edited April 17, 2019 by cashcow

[Dafansu]

noticed the bids received not that high, panic bidding by dealers to get their existing bookings on the road ?

[JQ01]

Congrats to all who got it this round! 

[Albeniz]

Looks like the PQP boat is leaving for CAT B.

 

To take advantage of the ~$35K April PQP, when is the deadline that renewal must be done?

[Mann123]

It's the car distributors who placed the bids, not the buyers

 

But at the end of the day its buyer who pays. Dealer can make less profit but not loss 

 

Seems Cheap COE time over even for CAT A. This private hire saga again disturbing COE dynamics LTA should give them separate quota to play not at the expense of normal Singapore people.  But LTA love $$$$$ haha 

[Dafansu]

Prevailing Quota Premium (3 months average)

Cat A
Jan 2014: 76109
Jun 2014: 71672
Jan 2015: 65607
Jun 2015: 66107
Jan 2016: 56633
Jun 2016: 46454
Jan 2017: 50645
Jun 2017: 50625
Jan 2018: 42970
Jun 2018: 38214
Jan 2019: 26047
Feb 2019: 25727
Mar 2019: 25525
Apr 2019: 26175

Cat B
Jan 2014: 82333
Jun 2014: 76872
Jan 2015: 72726
Jun 2015: 74629
Jan 2016: 58615
Jun 2016: 48479
Jan 2017: 52660
Jun 2017: 54088
Jan 2018: 52271
Jun 2018: 37906
Jan 2019: 31335
Feb 2019: 31933
Mar 2019: 33018
Apr 2019: 35411

[Discoburg]

No need change car liao.

[Dafansu]

But at the end of the day its buyer who pays. Dealer can make less profit but not loss 

 

Seems Cheap COE time over even for CAT A. This private hire saga again disturbing COE dynamics LTA should give them separate quota to play not at the expense of normal Singapore people.  But LTA love $$$$$ haha 

 

won't be surprised in the near future, 80% of the car got PH decal if they don't separate or control it. 

[keanC]

No need change car liao.

no matter what. There are always somebody who will still change. my experience only.

[Mann123]

won't be surprised in the near future, 80% of the car got PH decal if they don't separate or control it. 

 

If 80% Private hire then i bet we cant even drive on our roads and whole day will be same like 6pm peak hours 

[Lava]

No need change car liao.

does it made an impact to your monthly loan repayment if coe increase by 10k?

[kallstrom]

by end of apr.

otherwise may pqp should be around 39.5k.

 

 

Looks like the PQP boat is leaving for CAT B.

 

To take advantage of the ~$35K April PQP, when is the deadline that renewal must be done?

 

[Mann123]

no matter what. There are always somebody who will still change. my experience only.

 

similar to property 

 

When going down nobody buys and when start picking up everybody start buying .. Kiasu nature ;)