My brother got a very good deal, (or maybe due to luck) PI has a open cat COE which expired on 31 March and desperate to sell.
Car book on Monday, 28 March, collect on 1st April.
Black Harrier @ $127,800/- with COE of $57,501. Best!!
PS: For info, Open Cat COE is only valid for 3 months.
Wednesday, 30 March 2016
Thursday, 24 March 2016
Second Round COE March 2016
As per predicted, COE remain fairly constant for this round of COE bidding.
Prediction for next round?
Still stable or slight upside due to high amount of unsuccessful bid.
Cat A: $45,504, up $504. With 1816 bid unsuccessful
Cat B: $46,502, down $1102. With 1273 bids unsuccessful.
No good news from today Budget 2016 for cars. Bad.
Prediction for next round?
Still stable or slight upside due to high amount of unsuccessful bid.
Cat A: $45,504, up $504. With 1816 bid unsuccessful
Cat B: $46,502, down $1102. With 1273 bids unsuccessful.
No good news from today Budget 2016 for cars. Bad.
Wednesday, 9 March 2016
First Round COE March 2016
As predicted, COE went up but not as much as I predicted.
Cat A: $45,000, up $2,000. With 1561 bid unsuccessful
Cat B: $47,604, up $634. With 1506 bids unsuccessful.
I will go for a stable Cat A and Cat B for the next round of bidding due to high amount of unsucessful bid.
Other noticeable news will be Tesla's boss wrote to our PM to ask for the surcharge of his company electric vehicle to be waived. Stay tune for more news on this, will be interesting to see what LTA reply.
Cat A: $45,000, up $2,000. With 1561 bid unsuccessful
Cat B: $47,604, up $634. With 1506 bids unsuccessful.
I will go for a stable Cat A and Cat B for the next round of bidding due to high amount of unsucessful bid.
Other noticeable news will be Tesla's boss wrote to our PM to ask for the surcharge of his company electric vehicle to be waived. Stay tune for more news on this, will be interesting to see what LTA reply.
Saturday, 5 March 2016
Car News of the Week- Week 9 2016- Teslagate
Teslagate, $15k surcharge for a electric car??
What about the BMW i3 and i8, 30k rebate.
What is happening to the system?
LTA reply is as bad as all the bad publicity.
Whats next LTA?
What about the BMW i3 and i8, 30k rebate.
What is happening to the system?
LTA reply is as bad as all the bad publicity.
Whats next LTA?
Friday, 4 March 2016
First Post- Why WHy WHY??
Purpose of this blog is to document and add my view and prediction of COE trend and movement.
What is COE?
You are not a Singaporean if you do not know what is this.
Certificate of Entitlement, without this you will not be able to buy a new car. Every cert is limited to 10 years.
COEs are open for bidding 2 times per month. Typically every 2 weekly. Sometime 3 weekly which is the case for the next closing on the 9th March.
Since I started driving in 1999, COE has gone from a low of $50 to as high as $100,000! Movement of prices is random without fix pattern.
So my prediction for the next bidding will be up up up. Easy conclusion, big drop in Cat A prices on the last bidding coupled with a 3 weeks period to accumulate orders for car dealer.
What is COE?
You are not a Singaporean if you do not know what is this.
Certificate of Entitlement, without this you will not be able to buy a new car. Every cert is limited to 10 years.
COEs are open for bidding 2 times per month. Typically every 2 weekly. Sometime 3 weekly which is the case for the next closing on the 9th March.
Since I started driving in 1999, COE has gone from a low of $50 to as high as $100,000! Movement of prices is random without fix pattern.
So my prediction for the next bidding will be up up up. Easy conclusion, big drop in Cat A prices on the last bidding coupled with a 3 weeks period to accumulate orders for car dealer.
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