COE trends

[dicky]

COE drop, drop the drop, drop, drop....


Hopefully, some more :xedfingers:

[MadScientist]

eurostar:

u see 2014 can drop? i dun see so soon....anyway the most take taxi loh...at least cheaper than owning a car...

Not a major drop with such low interest rates, and high liquidity... Plus early 90s quota levels.

Some reprieve should be about shortly till about October 2011 IMHO.

[ohdaddy]

dicky:

COE drop, drop the drop, drop, drop....


Hopefully, some more :xedfingers:

Might increase the next round as people would be rushing in since Cat A and B dropped.

[cteo101]

COE

AUGUST 2011 2nd Open Bidding Exercise has ended on 17/08/2011 16:00 hrs
Results for AUGUST 2011 2nd Open Bidding Exercise
Category \t Quota \t QP($) PQP($)
A \tCAR (1600CC & BELOW) & TAXI \t557 \t49,301 \t52,288
B \tCAR (ABOVE 1600CC) \t 353 \t65,521 \t68,019
C \tGOODS VEHICLE & BUS \t 245 \t32,289 \t32,248
D \tMOTORCYCLE \t 387 \t1,999 \t2,174
E \tOPEN \t 337 \t67,000

[dicky]

Thanks but there are 2 prices CAT A - D. Which is the price we should refer to?

[dicky]

Thanks but there are 2 prices CAT A - D. Which is the price we should refer to?

[MMM]

The car dealer called me on friday saying that they secured our COE in last week’s bidding… car coming in end Oct. Think when it dropped, they quickly grabbed… So sad hoping it would be higher so that our paper value is higher as anyway the price is already fixed so the higher the better.

[cteo101]

PQP is prevailing quota premium, i believe thats the cost to renew and existing coe.

so should be looking at QP numbers for new cars

[dicky]

cteo101:

PQP is prevailing quota premium, i believe thats the cost to renew and existing coe.

so should be looking at QP numbers for new cars

If that's the case, COE dropped. Yyyyeeeesssss.........

Am waiting the drop to change our car leh. :oops:

[cteo101]

hahaha, time to start prowling sgcarmart lol