COE Bidding – March 2022

[Volvobrick]

STI index lao sai, people will feel poorer.  Bids will be lower.  Things have changed not so rosy any more thanks to Putin.

[Jumpmanz]

On 3/6/2022 at 6:51 AM, ER-3682 said:

Have War,Economy uncertain..Cat B down.

I remembered that when covid first started, some pple say COE will crash 😅

 

[Bensky]

COE confirm drop with the war and hyper inflation to come.  Grab if you can afford otherwise better save for stormy months ahead.

[verramarc]

"If you're looking to get your hands on an electric car yourself, this section will interest you: Starting from May 2022's first bidding exercise onwards, the maximum power output threshold for cars to be considered under the Cat A COE category will be raised from the current 130bhp up to 147bhp."

https://www.sgcarmart.com/news/article.php?AID=26413

[wongpumpkins]

more ev in cat a then cat a premium will increase faster

[Daniu82]

11 minutes ago, wongpumpkins said:

more ev in cat a then cat a premium will increase faster

Only government earns when Cat A and B both increase faster. I don't think EV will be much cheaper even when changed into Cat A.

[Jamesc]

On 3/7/2022 at 1:02 AM, AlexSim said:

Seeking advice from forum vets. Does it make sense to trade in my car for a new ride now(where my trade in price will be higher during this high COE period), or is it better to wait for a lower COE price (altho my trade in price will be lower)? Thanks in advance!

Yes

No need to thank me.

[Jamesc]

3 hours ago, Bensky said:

COE confirm drop with the war and hyper inflation to come.  Grab if you can afford otherwise better save for stormy months ahead.

I don't think you know the meaning of hyper inflation.

Hyper inflation is when the price of things goes high sky high like cars and COE!

When we have deflation is when the price of everything goes down including cars and COE!

 

[Jamesc]

20 hours ago, Jumpmanz said:

I remembered that when covid first started, some pple say COE will crash 😅

 

The same person that said used car dealers are liars, cheats and crooks for saying COE will only go up!

[Jamesc]

On 3/6/2022 at 3:49 AM, alphapunk2 said:

disgusting price

Yes COE thread is all

about discussing price.

[Jamesc]

On 3/7/2022 at 1:02 AM, AlexSim said:

or is it better to wait for a lower COE price (altho my trade in price will be lower)? Thanks in advance!

And when exactly is the lower COE price?

I also want to know which month that is!

Edited March 8, 2022 by Jamesc

[Jamesc]

Only in MCF people got crystal balls

to know which month COE will fall!

All my used car dealer friend don't have a clue!

They keep telling me they don't have crystal balls and they also want to know!

[Jamesc]

We should ask the poseur in MCF that claimed 

he got the $2 and $101 COE!

He not only can tell the future he is also a magician.

He has since disappeared!

[wongpumpkins]

@Daniu82 ya..true..really not cheap even in cat A..

[wlalala]

I think this round hit 100k

[Bensky]

Tomr’s COE? Sure drop one…how not to….

[Mockngbrd]

ccb putin

[SGMCF328]

Should be lower this round for the following reasons:

1. Technical adjustment (jump a lot last round)

2. Uncertainty due to ongoing war between Russia and Ukraine

3. Oil price shooting through the roof

4. Stock market seems to be entering bear mode

5. Some Cat B buyers might push back their purchase waiting for their car to become cat A