COE Bidding - November 2023

[13177]

On 11/12/2023 at 5:16 PM, Daniu82 said:

Those buyers whose money is expiring or too rich. If not, must be those PHV companies. Who would buy at these levels, unless something wrong in their heads? 

Confirmed PHV companies buying la. Yesterday i saw one SNN car plate from GetGo. Brand new car already out for rental liao, so fast.

[Fcw75]

Mr Nicholas, who works in the IT industry and borrows his father’s car when he needs one, said: “The prices are still very high, and we hope the COE premium will fall further. I would say a $40,000 to $50,000 COE is reasonable.”
 

This guy is 👏🏼👏🏼👏🏼

🤣
 

Maybe if drop to $40000, he also won’t have a job in IT industry liao.

Edited November 12, 2023 by Fcw75

[Volvobrick]

On 11/12/2023 at 12:40 PM, Throttle2 said:

Margins are margins.

COE is not part of that margin

it is a stupid cert of entitlement which is independant of that.

If we go eat caipng and the seller charges you more than the person infront for the same order becos his volume is lower now, it is profiteering

Don't you find Malay cai png more expensive than economy cai png? I always thought becos they sell less so must make up with higher margins.... 

[Volvobrick]

On 11/12/2023 at 12:40 PM, Throttle2 said:

Margins are margins.

COE is not part of that margin

it is a stupid cert of entitlement which is independant of that.

If we go eat caipng and the seller charges you more than the person infront for the same order becos his volume is lower now, it is profiteering

Don't you find Malay cai png more expensive than economy cai png? I always thought becos they sell less so must make up with higher margins.... 

[Throttle2]

On 11/12/2023 at 5:49 PM, Volvobrick said:

Don't you find Malay cai png more expensive than economy cai png? I always thought becos they sell less so must make up with higher margins.... 

could be i dont know.

it doesnt matter if its more expensive.  Many other things are more expensive than caipng. 
 

 

[Zxcvb]

Those buyers who gotten their COE at the latest bidding, did they get back the $40k price difference? Or dealer makan? Especially PIs.

[Ginyu]

On 11/12/2023 at 5:16 PM, Daniu82 said:

Those buyers whose money is expiring or too rich. If not, must be those PHV companies. Who would buy at these levels, unless something wrong in their heads? 

Even the rich will not just throw away money like that as they are very careful with it. Only those not spending their  own money 🤣

Edited November 12, 2023 by Ginyu

[Spurman]

On 11/12/2023 at 5:38 PM, Fcw75 said:

Mr Nicholas, who works in the IT industry and borrows his father’s car when he needs one, said: “The prices are still very high, and we hope the COE premium will fall further. I would say a $40,000 to $50,000 COE is reasonable.”
 

This guy is 👏🏼👏🏼👏🏼

🤣
 

Maybe if drop to $40000, he also won’t have a job in IT industry liao.

He got balls to do that interview lor. Lol..

Still daydream somemore. And waste his cb time to see car when he cant afford one yet and talk cock sing song along the way

[Ginyu]

On 11/12/2023 at 5:38 PM, Fcw75 said:

Mr Nicholas, who works in the IT industry and borrows his father’s car when he needs one, said: “The prices are still very high, and we hope the COE premium will fall further. I would say a $40,000 to $50,000 COE is reasonable.”
 

This guy is 👏🏼👏🏼👏🏼

🤣
 

Maybe if drop to $40000, he also won’t have a job in IT industry liao.

Guess not only he gets to keep his job when it drops to $40-50k levels and also the downfall of these rental car companies. lets see how much longer can they  pump to  sustain the coe at high level or make it go higher. You think they got billions to throw away meh. these are only sme and not some unicorns🤣

Edited November 12, 2023 by Ginyu

[Fcw75]

On 11/12/2023 at 6:42 PM, Ginyu said:

Guess not only he gets to keep his job when it drops to $40-50k levels and also the downfall of these rental car companies🤣

Good to hope but I think you are underestimating those damn companies.

[Fcw75]

Double post 

Edited November 12, 2023 by Fcw75

[13177]

On 11/12/2023 at 6:19 PM, Ginyu said:

Even the rich will not just throw away money like that as they are very careful with it. Only those not spending their  own money 🤣

This is how the rich grow their money. They are rich doesn’t mean they will anyhow spend their money.

[shrjun]

On 11/12/2023 at 5:34 PM, 13177 said:

Confirmed PHV companies buying la. Yesterday i saw one SNN car plate from GetGo. Brand new car already out for rental liao, so fast.

a lot of Getgo cars are brand new.

[Silverkris]

I think the main losers are those that have paid the high prices for their cars yet get the $40K discounted COE.

[Ginyu]

On 11/13/2023 at 8:46 AM, shrjun said:

a lot of Getgo cars are brand new.

With funding of 20mil, let's see how much longer can they continue to burn investor money on the COE🤣

[Ginyu]

On 11/13/2023 at 8:46 AM, shrjun said:

a lot of Getgo cars are brand new.

With funding of 20mil, let's see how much longer can they continue to burn investor money on the COE🤣

[Fcw75]

On 11/13/2023 at 12:56 PM, yishunite said:

So how? Did anyone here go down to showroom and full cash a Tesla??

I think @Theoldjaffa just did for the new Tesla 3. 😁

[t0y0ta]

On 11/12/2023 at 5:49 PM, Volvobrick said:

Don't you find Malay cai png more expensive than economy cai png? I always thought becos they sell less so must make up with higher margins.... 

Usually they give a discount to fellow-bumi. For the rest it is an inflated price.

If you really wanna eat, then bo pian accept it.

Otherwise normal economy rice quality is sometimes better for lower prices - irony