COE Bidding – November 2021

[t0y0ta]

28 minutes ago, bruce76 said:

with no travel and many changing cars with ongoing promos + tesla, it should hover around 80ish - below 90s for some rounds?

 

You mean 180ish - below 190s?

Otherwise your statement does not make sense.

[bruce76]

@t0y0ta oh, was referring to COE likely to be in the range of 80k to 90k, for a while more. furthermore, CNY around the corner, those who can afford will change car as usual, hence the demand will still hold.

[Wildfaye29]

@Carbon82 woohoo the boss is back!

Lai lai

Up up down down up up down!

Or

Down down up up down down up?

 

[t0y0ta]

19 minutes ago, bruce76 said:

@t0y0ta oh, was referring to COE likely to be in the range of 80k to 90k, for a while more. furthermore, CNY around the corner, those who can afford will change car as usual, hence the demand will still hold.

more likely to go up >100k

[Ho2786]

if HDB 5 room flat can sell for $1.36 M

$100k COE is cheap

[mersaylee]

Up up all the way till 202x 😅

[bruce76]

@t0y0ta as much as i like to disagree, unfortunately you might be right that it will inch up towards that amount, in a matter of months

[wlalala]

100k for sure

many more teslas to register

[sg100179]

when I went to showroom to buy in July 2nd 2020, the 1st day of CB, I was told by SA that COE will crash to $25K. Then I was worried whether to commit new car or renew COE. Still I decided to take the risk than renewing my 10-yr car which is having constant oil leak. After one year, I am glad being decisive proven right. Got COE then $32K but car was priced at $25K COE (and the new car was under "fire" sale with 5-yr free servicing including free consumable parts and labor...). Today COE is astonishing....

looking back, best time to buy was during CB, once in a life time opportunity. But that needs a brave heart and mind in the sea of pandemic and job losses....

[Powxus]

2 hours ago, Ingenius said:

I believe coe price will fall this round. I believe in sanity. 

With the number of unsuccessful bid last round close to the available quota, I think the chances of COE falling is not high. All the best to those with vested interest.

[DOBIEMKZ]

1 hour ago, sg100179 said:

when I went to showroom to buy in July 2nd 2020, the 1st day of CB, I was told by SA that COE will crash to $25K. Then I was worried whether to commit new car or renew COE. Still I decided to take the risk than renewing my 10-yr car which is having constant oil leak. After one year, I am glad being decisive proven right. Got COE then $32K but car was priced at $25K COE (and the new car was under "fire" sale with 5-yr free servicing including free consumable parts and labor...). Today COE is astonishing....

looking back, best time to buy was during CB, once in a life time opportunity. But that needs a brave heart and mind in the sea of pandemic and job losses....

You are very lucky.

[Spider-pig]

@sg100179 

lucky👍Mind to share What car did you buy?

[Lotr]

First round of quota reduction, how can COE drop

[Calvin8808]

2 hours ago, sg100179 said:

when I went to showroom to buy in July 2nd 2020, the 1st day of CB, I was told by SA that COE will crash to $25K. Then I was worried whether to commit new car or renew COE. Still I decided to take the risk than renewing my 10-yr car which is having constant oil leak. After one year, I am glad being decisive proven right. Got COE then $32K but car was priced at $25K COE (and the new car was under "fire" sale with 5-yr free servicing including free consumable parts and labor...). Today COE is astonishing....

looking back, best time to buy was during CB, once in a life time opportunity. But that needs a brave heart and mind in the sea of pandemic and job losses....

Totally agreed with you. That was a once in a lifetime sale. I remember not too long after CB started in April, I saw this fantastic promotion too and I placed the deposit for the car without viewing or test drive. Though the agent did say after CB can test drive and if really don't want can refund but a lot of paperwork. They priced the car at $20K COE and it's G-COE package. Subsequently got the COE at more than $40K.

I will say that really was a once in a lifetime kind of sale. 

To put it into context, I took my car in Sep 2020. The same model registered in Feb 2020 is now listed for sale $10K above my purchase price then.  

 

Edited November 1, 2021 by Calvin8808

[Calvin8808]

30 minutes ago, Lotr said:

First round of quota reduction, how can COE drop

Most likely will go up. 

If you are on Non-G COE, be mentally prepared

[darviathan]

I think COE this time round will go up.

Cat A 59K Cat B 91K

 

just like petrol, up up up 😂

Edited November 1, 2021 by darviathan

[Calvin8808]

1 hour ago, darviathan said:

I think COE this time round will go up.

Cat A 59K Cat B 91K

 

just like petrol, up up up 😂

$59K for Cat is pretty high. You really think it will goes up by that much?

Increase by $6K for Cat A and $11K for Cat B?

I don't mind though ha ha 

[Old-driver]

Since everyone say up, I say it'll drop marginally. COE, like stocks, don't move in straight line. Longer term is up but there'll be some aberration along the way....