COE Bidding – April 2021

[zoobezombe]

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. :/

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

[Lotr]

32 minutes ago, zoobezombe said:

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. 😕

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

Doesn't work that way. Demand and supply. ADs collected orders that are based on a certain COE price. So they will bid at that COE to fill the order.

[Twich]

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

[Owen_fan]

23 hours ago, BobbyTan_74287 said:

Anyone got their COE this round?

I got my cat A COE - first bid.

Edited April 8, 2021 by Owen_fan

[Jamesc]

2 hours ago, zoobezombe said:

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. :/

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

It was me.

I always out in a $1 so I can get the car cheap for my buyers

but all the monkeys keep bidding more and more.

[Jamesc]

COE will go up a lot more soon.

Faster book your PI car with me now.

[Ct3833]

8 hours ago, mikk123 said:

the best time to buy car is NOWWWWW!!!! buy, buy, buy....

$bye $bye $bye

[Ho2786]

3 hours ago, Twich said:

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

I salute you

best things in life have to wait long long

 

 

[RH1667]

1 hour ago, Jamesc said:

COE will go up a lot more soon.

Faster book your PI car with me now.

Wow !! congratulation! business expand from selling used car to PI cars !! 

Can i sell you biscuit and coffee ? 

[Twich]

4 hours ago, Ho2786 said:

I salute you

best things in life have to wait long long

 

 

Because my pocket is not deep enough. I can't chong. Singapore up and down could be drastic. I have waited for 2 years. And it has paid off. 88K for a new Cerato. My friend 99K for a new Outlander.

[Mustank]

Coe go up??? Hurry up buy car!!!! 

 

 

 

 

no marnie ☹️

Edited April 9, 2021 by Mustank

[Twich]

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

[Invigorated]

1 hour ago, Twich said:

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

The big question is, how many Cat B buyers are budget tight? Just look at the 10% increase in one bid. When Tesla comes later this year, we may see some movement there too.

[BobbyTan_74287]

On 4/8/2021 at 3:06 PM, Owen_fan said:

I got my cat A COE - first bid.

Congratulations!!!

[13177]

5 hours ago, awhtc said:

More interest in used cars showrooms | Video

11 Apr 2021 11:16PM

Used car dealers are seeing more interest from prospective buyers, with COE premiums now at their highest since late 2017. And those in the industry are expecting the premiums to climb even higher in the coming months. Neo Rong Wei with more.

https://www.channelnewsasia.com/news/singapore/more-interest-in-used-cars-showrooms-video-14602276

 

The current COE still not consider high yet, it simply just go back to COE level in 2016.

[RadX]

1 minute ago, 13177 said:

The current COE still not consider high yet, it simply just go back to COE level in 2016.

no la...2012.....$88k COE wohooooo bring it on baby

[Jamesc]

I very busy now.

6 hours ago, awhtc said:

More interest in used cars showrooms | Video

11 Apr 2021 11:16PM

Used car dealers are seeing more interest from prospective buyers, with COE premiums now at their highest.

 

[Jamesc]

yeah 

7 minutes ago, awhtc said:

Fewer COEs from May to July as quota is slashed again

Yeah my used car prices will be going up again.