2024 COE trend..

[Freeder]

On 1/10/2024 at 12:50 PM, inlinesix said:

Keep things simple.

I don't know why ppl like to make things complicated.

Ownself say Ownself 

[inlinesix]

On 1/10/2024 at 12:53 PM, Freeder said:

Ownself say Ownself 

What talk you

I always against complexity

[Freeder]

On 1/10/2024 at 12:55 PM, inlinesix said:

What talk you

I always against complexity

Okok.. I typed on sala thread..🤭

[ccc888]

On 1/10/2024 at 8:01 AM, Kar_lover said:

I have 3 friends that traded in their cars over the weekend which are in the 7 and 8 year old range, surprisingly their trade-in still seems decent despite the COE crash. One of them got $83k for high mileage end 2017 Harrier (w/o overtrade or whatever).

The only way to compare fairly is to get quote from dealers before and after COE crash (without buying new car)

Last time based on my own experience, 4rings and BMW offer much higher trade in value (easily 10-15k more) than Merc (which still lesser after factoring 10k Overtrade)

It also depends what new car you are buying from them and whether they got ready stocks anot. 
Too many factors at play.

[Mustank]

Sian 

coe should go 200 300k

[Jellandross]

Must do before next GE give out some chicken wings first 🐔🍗🐔🍗🐔🍗

 

 

[Confusedboi]

Phv plus gig economy is actually beneficial from govt point of view as those working under this industry are counted as employed which creates lower unemployment rate than the numbers suggest. Without these jobs a large chunk of people, easily many thousands will be unemployed. Govt win win situation , can get taxes through COE for all the cars bid from the grab and gang. At the same time no need to pay welfare benefits to these group of people as well. 

Edited January 11, 2024 by Confusedboi

[ccc888]

On 1/11/2024 at 3:37 PM, Confusedboi said:

Phv plus gig economy is actually beneficial from govt point of view as those working under this industry are counted as employed which creates lower unemployment rate than the numbers suggest. Without these jobs a large chunk of people, easily many thousands will be unemployed. Govt win win situation , can get taxes through COE for all the cars bid from the grab and gang. At the same time no need to pay welfare benefits to these group of people as well. 

Also since population is increasing while COE quota is keep constant, phv demand will always be there as we transition towards car lite city.

 

[Daniu82]

On 1/11/2024 at 3:30 PM, Jellandross said:

Must do before next GE give out some chicken wings first 🐔🍗🐔🍗🐔🍗

 

 

Give me chicken farm I also won’t vote for them. Take chicken wings and vote opposition! 

[GoodCar]

I think in simple way.

 

COE will go up after car show.

it went down to make people rush in to buy. 

it’s different force at play

 

[thebestbees]

@GoodCar COE up after motor show is expected. What’s important is the next 1-2 months after what will the trend be 

[13177]

On 3/6/2024 at 4:26 PM, metalstream said:

The new Transport Minister seems very pro active in raising the COE quota to bring prices down. Kudos to him! Great job!!! 
https://www.asiaone.com/singapore/transport-minister-were-open-charging-more-car-usage-increase-vehicle-population

Did he guaranteed that coe price will come down? And come down by how much? 😅

[ccc888]

@metalstream

On 4/2/2024 at 9:58 PM, metalstream said:

Wed, 3 Apr will see significant drop in COE prices as distributors manipulate the system to attract buyers at Cars @ Expo scheduled for 13-14 Apr.

Then u booked liao with high coe rebate?

[Mockngbrd]

So many years lioa ppl still believe distributors and dealers are manipulating the Coe? Every dealer is fighting for the same finite number of coes. Every dealer wants to push out as many cars as they can. It makes no sense for them to collude, it makes even less sense to think that a whole bunch of car dealers / sales ppl will be do honorable to not renegade on each other. Every car sales person wants the cars out, car not out means no commms. 

 

Coes are driven by number of willing  ppl buying who are willing to pay, at most dealers can do is push here push there within their allowable margins. Sometimes they also will jiak a loss just to get the car out if they anticipate the next month can earn back.

 

Cars stuck at dealership is the worse, not just for sales ppl but the distributor also have to answer to the parent company y the car not selling. 

 

High coes are bad for everyone in the industry. Only ccb pap huat. 

Edited April 3, 2024 by Mockngbrd

[Quotz]

On 4/2/2024 at 9:58 PM, metalstream said:

Wed, 3 Apr will see significant drop in COE prices as distributors manipulate the system to attract buyers at Cars @ Expo scheduled for 13-14 Apr.

Don't forget to get a free car valuation when the COE results are out: https://www.quotz.com.sg/free-valuation

- Bro Quotz

[thebestbees]

@Mockngbrd high COE good for rental/leasing company and grab/gojek… people gets priced out of personal car and have to rely on them 

[Black320]

@metalstream Did not happened.

[13177]

On 4/3/2024 at 4:12 PM, Black320 said:

@metalstream Did not happened.

Today coe bidding?

All coe cat up lo. Like that how to attract people to buy car at coming car expo? 😅