COE prices mostly up

ac323

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Certificate of Entitlement (COE) premiums were up in three of five categories in the first bidding exercise in November.

The biggest increase was in the Open category, where COEs can be used for any category but end up being used mostly for cars.

The COE price for the Open category went up S$4,401 to S$78,001.

The COE premium for goods vehicles and buses crossed the S$40,000 mark to go up S$3,792 to S$40,803.

Big car COE price, meanwhile, rose S$1,111 to hit S$77,000.

Small car COEs and motorcycle COEs registered a small dip this time.

Small car COE was down S$115 to S$55,997, while motorcycle COEs fell S$79 to S$2,012.

Observers had expected COE prices to rise this time ahead of the traditional year-end rush and because of the announcement last month in vehicle growth rate.
 
Re: COE prices mostly up

Wah now dep just for COE is 7.7k a year! And tats excluding the interest if the COE was factored into the auto loan!!
 
Re: COE prices mostly up

MW;701497 said:
Wah now dep just for COE is 7.7k a year! And tats excluding the interest if the COE was factored into the auto loan!!

Do you plan to up the price of your M5?
 
Re: COE prices mostly up

I intend to now sell it at the price tat it was sold for way back in 2007, $175k. Swee swee. Interested bros or sis pls pm me. I will give you some freebies such as Hitmee or Iscoupe's hp number so that you can call them for one on one service
 
Re: COE prices mostly up

MW;701497 said:
Wah now dep just for COE is 7.7k a year! And tats excluding the interest if the COE was factored into the auto loan!!

Wow more than my road tax
 
Re: COE prices mostly up

The truth is people will still be foolish enough to buy. Really cannot believe this madness!
 
Re: COE prices mostly up

77K to some rich people is peanut....and this category of people is increasing in Spore....
 
Re: COE prices mostly up

last i heard was that peanuts "starts" @ sgd6xxk or am i mistaken...
 
Re: COE prices mostly up

Coolyee;701646 said:
what do u mean by your last sentence. Dont quite get it leh.:errr:

He is referring to the NKF incident. Peanuts.
 
Re: COE prices mostly up

This has been discussed before. It's fiscal interest before social interest. I am sure if they really want to control COE, just ask them to pay COE in cash full. You will see car growth shrink like hitmee's kkj. Of course, that's wiping the good food on government's plate. Doubt it will happen...
 
Re: COE prices mostly up

I dun think you should in one second mention Hitmee's kkj and the next second you mention "good food" as its now lunchtime
 
Re: COE prices mostly up

MW;701681 said:
I dun think you should in one second mention Hitmee's kkj and the next second you mention "good food" as its now lunchtime

That is his sub conscious
No wonder he coming to dnd now
 
Re: COE prices mostly up

Hitmee has 2 peanuts at his kkj , sibei rich.

How much is a 1.8 Toyota Altis?
 
Re: COE prices mostly up

Saw Toyota's ad in the papers yesterday. Altis is now going for $108000. Vios $98000. I totally agree that the garment will not make people pay COE upfront. Tax revenues on cars and car related items are too huge to lose. They need to feed the Mini-stars. Help me out here if I miss something or get something wrong. When a car comes onto our shores, customs makes 200% (?) of the cost of bringing in the car (?), then, we have to pay GST on the car, the petrol we pump, COE, road tax, ERP, car inspection. What else have I missed out? Even the petrol prices, half or more (?) goes to the garment.

One thing's for sure, at the rate COE is going, we are just going to see more and more Audis, BMWs, Mercs like back in the late 1990s when COEs are $100,000 or more.
 

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