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COE Bidding - Feb 2024


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(edited)

Looks like anticipated bumper increase of COE for 2024 will come much later than expected.
COE quota for Feb 2024 to Apr 2024 increase by 2% or just 319 COE.

424571355_691799636461438_574565792594768995_n.jpg

Edited by Black320
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So quota generally being pump up as it is similar to previous qtr (which already being fill up with additional quota from the future)

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Hypersonic

Oh so now the COE thread is open to public liao ah, no more "exclusive" TS ah? [laugh][laugh][laugh]

 

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Hypersonic
On 1/29/2024 at 6:18 PM, Tianmo said:

Oh so now the COE thread is open to public liao ah, no more "exclusive" TS ah? [laugh][laugh][laugh]

 

Feb coming very soon liao, “exclusive “ TS still no pic no sound, so public cannot wait and open the COE thread liao. 😂

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Hypersonic
On 1/29/2024 at 7:09 PM, Black320 said:

@Tianmo ops. Maybe I should change the heading. Didn't know it is exclusive.

 

Don't worry lah, ppl come ppl go, cannot chop forever one mah. [laugh][laugh][laugh]

 

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(edited)

Anyone never get car from non guarenteed bids after 6 or 8 tries before? 

Edited by paul1307
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Turbocharged
On 1/29/2024 at 7:28 PM, hxrish25 said:

What do y’all think would be the predicted COE pricing in the coming few biddings?

It will be the same.

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Neutral Newbie

my family is looking to book a car. advised to book before this bidding or to wait out?

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On 1/29/2024 at 7:39 PM, yishunite said:

3 weeks gap = confirm up

after that slight decline

Cat A confirm up becos got higher unsuccessful bids from car show backlog overflow to this bidding + 3 wks gap

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(edited)
On 1/29/2024 at 7:39 PM, yishunite said:

3 weeks gap = confirm up

after that slight decline

motorshow week those cannot get COE one still waiting to secure one. i think this coming bid should be up

Edited by darviathan
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Hypersonic

Next round sure up due to longer break in coe bidding. But overall coe would not drop too drastically la. If hoping to see coe below $55k, should not happen so fast yet.

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You look at the round numbers from “Redistribution from identified guaranteed deregistrations”. That is the number that LTA can play with. They are basically saying COE at this level is ok.

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