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COE Bidding – February 2021


Carbon82
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This round may see a dip across most if not all categories.  Industry sources confirmed sales have been slow due to festivities/PH but it all depends on these few days since Sunday past and bulk bids by PHVs. Let’s see...

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1 hour ago, Bensky said:

This round may see a dip across most if not all categories.  Industry sources confirmed sales have been slow due to festivities/PH but it all depends on these few days since Sunday past and bulk bids by PHVs. Let’s see...

Wah hope to see drop, not that i can afford new car but old COE car will drop price also, that is all i could afford 😅

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Surprise to see so many predictions that COE will drop. I say surprise cos there has been a cut in the quota since this month's bidding though admittedly COE did drop despite the cut at the Feb first bidding. My feel is that it maybe sideways or drop abit only.

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1 hour ago, BobbyTan_74287 said:

Normally every year during CNY COE will drop to attract sales to come in after CNY. So I predict drop of 1 to 2 k in Cat A and 3 to 4 k in Cat B.

When LCR was bidding aggressively  for uber a few years ago, regardless of christmas, CNY , hari raya, depavalli,  COE price was only  having one direction, up and up despite the huge quota allocation. 

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3 hours ago, mikk123 said:

our DPM say our economy is recovering, everyone feel rich again, come in and buy buy buy... 

Feel rich and real rich is different. I think it will drop, maybe at 3 to 4k for cat b and 1k for cat A.

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when most of the people here say COE will go up, it went down, e.g. last bid

so this bid, looks like most say down ... so it might go up?  Just guessing ....

 

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