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View Poll Results: Would you renew COE or buy a new bike?

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  • Renew 10-year COE

    96 51.34%
  • Renew 5-year COE

    38 20.32%
  • Scrap and buy new bike

    53 28.34%
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Thread: [General] Would you renew 10-year COE or buy a new bike?

  1. #251
    matthias76
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    Quote Originally Posted by Streetwise View Post
    Write in to LTA lah......ranting here no point; fyi, I've written in to LTA questioning the 15% of bike COE quota going to Open category, a week ago. If they keep cutting 15%....like tat no more motorcycles on the road in the future (:
    I did. I went one step further. I wrote to Reach.gov.sg

  2. #252
    Zhi Ming
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    Quote Originally Posted by matthias76 View Post
    I did. I went one step further. I wrote to Reach.gov.sg
    Nice effort ! , bike COEs should at least be cheaper for 2B riders !
    12 Jun 2008 - Class 2B
    28 Jun 2008 - Honda Phantom TA 200 (COE 11/3/17)
    17 Jan 2009 - Class 3
    27 Oct 2009 - Class 2A
    28 May 2016 - Yamaha Fino 115 (COE 04/8/24)
    9 June 2017 - Honda CB400 Spec 2 (COE 02/1/23)

     

     
  3. #253
    adiva78
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    One bike COE is @2k.... One Open Cat is @78K......
    One bike to Open cat conversion is PROFIT of $$$76 THOUSAND.... great accounting right?

  4. #254
    matthias76
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    So much for coe being "the one all solution" for Singapore's traffic condition.

    Sent from my GT-I9506 using Tapatalk

  5. #255
    matthias76
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    Utter rubbish. 3051 for a piece of paper. Top up 149 can buy 2 phantoms liao...

  6. #256
    Silent Hunter
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    $3051 no need top up can buy 2 Phantoms without COE liao....
    Motorcyclist are the nicest people on the road, try not to kill us.

  7. #257
    matthias76
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    Looks like your dr800 going to stay at the carpark for sometime.

    Sent from my GT-I9506 using Tapatalk

  8. #258
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    Or maybe can sell because now people don't want to buy new bikes because of the high prices of the new COEs.
    Motorcyclist are the nicest people on the road, try not to kill us.

  9. #259
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    Guys, got a question here. Is it true for renewing old bike COE is $1.9k instead of 3k? Cause my phantom is still in good condition like wasted le if i want to scrap it away.
    I love humanity but I hate people.The more I see of man,the more I like dogs.

  10. #260
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    hi Jestino,

    the amount to pay for renewal of COE (they call it "QP") is the average of the last 3 bids. I don't know the
    amount now, but the craziness seems to start from the last two bids. You most prob will get a lesser QP than prevailing CoE prices of 3k.

    Do log into onemotoring with your ID to check the current QP prices. Hope this helps!

  11. #261
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    Hi Benwu21,

    Thank you very much!
    I love humanity but I hate people.The more I see of man,the more I like dogs.

     

     
  12. #262
    matthias76
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    LT* is a money sucking machine - now the COE is $3501, PQP is $2474...
    Last edited by matthias76; 24-02-2014 at 02:21 PM.

  13. #263
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    shito...
    every body suffers...
    used bike nearing coe end...nobody want..esp small bikes..
    just like when the coe reach 2k....bike price till havent increase yet...people are just scrapping bikes...
    thesame thing will happen...until the next round of bike price increases...maybe the cub chai costing over 10k on the road..used bike still have some value then...
    in the mean time...i m sure u can buy coe ending bikes for a couple of hundred $$$...
    i love my ezzyoiler
    experience the miracle...
    where chain cleaning is history...
    call 91797182..

  14. #264
    matthias76
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    I surrender.

    I renewed my COE at the Feb PQP and forfeited 6 months. $1952 compare to next month renew $2474.

    It goes to show how the majority of us are "bullied" to accept what is thrown to us. I can hold on and see what happens in Aug 2014, but I think I am more stupid if I decide by then to make noise. I probably would be making a COE renewal at the PQP rate of $4500 (optimistically) or $6,000 (pessimistically).

    Is this how we are going to be living about our life?

    1. If you can't afford the COE, don't drive.
    2. If you can't afford the bike COE, don't ride.
    3. If you can't afford the HDB, don't buy.
    4. If you can't afford to eat, don't eat.
    5. If you can't afford the cigarette, don't smoke
    6. If you can't afford the liquor tax, don't drink.
    7. IF YOU CAN'T AFFORD TO LIVE, THEN GO AND DIE.

  15. #265
    lycan
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    High 5. I just renewed too. Forfeited one month. Lol

    $522 for that extra month is way too much.

    Sent from my GT-I9505 using Tapatalk
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  16. #266
    jtzx
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    Thats why. Its more sensible to ride a class 2 bike now. Class 2B bike is 1 coe for 1 bike.at the moment. Haiz. Living in singapore is tougj

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  17. #267
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    Some people eventually learn not to fight. Just like the canines used in the psychological experiment of "learned helplessness".

    I am starting to feel more and more like one of the dogs in the electric cage. Shock me and all I will do is whine. I will not even attempt to escape even if there is a way out.

    I renewed my COE at this ridiculous price. Even though I made so much noise from the start. I even said I will lay up my bike if the COE refuse to come down. Looks like I minced my own words. And I don't feel proud about it. Makes me wonder why I didn't renew when it was $1.7k++.

    Reach gave me the standard reply

    "Thank you for the feedback, your email has been forwarded to LTA for their consideration."

    Thanks Reach. And you have the bloody cheek to ask me to register as a member. So that you can track me and persecute me further in my life? I wrote you one very civil email. You gave me a templated reply, plus a super sky high COE price the next month. Balls to you and your feedback channel.

  18. #268
    Streetwise
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    I've written thru' Reach....as well as directly thru' LTA website. Been more than a month....no reply. Seems like need to post on more prominent public site to get LTA to reply.

  19. #269
    ezzyoiler
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    Quote Originally Posted by ezzyoiler View Post
    shito...
    every body suffers...
    used bike nearing coe end...nobody want..esp small bikes..
    just like when the coe reach 2k....bike price till havent increase yet...people are just scrapping bikes...
    thesame thing will happen...until the next round of bike price increases...maybe the cub chai costing over 10k on the road..used bike still have some value then...
    in the mean time...i m sure u can buy coe ending bikes for a couple of hundred $$$...
    coe $4001...last bidding..
    so u still want your small old bike??
    small bikes with coe ending soon...gets a hit...
    i love my ezzyoiler
    experience the miracle...
    where chain cleaning is history...
    call 91797182..

  20. #270
    matthias76
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    Uncle Koh...I still wan to ride my phantom. ..

    Sent from my GT-I9506 using Tapatalk

  21. #271
    ezzyoiler
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    Quote Originally Posted by matthias76 View Post
    Uncle Koh...I still wan to ride my phantom. ..

    Sent from my GT-I9506 using Tapatalk
    glad to hear that..a true blue phantom knight

    the coe is driving riders crazy...its going to be expensive to ride a bike...old or new ..
    a tough decision to renew or buy new..
    i love my ezzyoiler
    experience the miracle...
    where chain cleaning is history...
    call 91797182..

     

     
  22. #272
    matthias76
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    Quote Originally Posted by Silent Hunter View Post
    Or maybe can sell because now people don't want to buy new bikes because of the high prices of the new COEs.
    SH, better quickly sell your DR800 before the price of COE goes ridiculously high...once PQP hit the same average as new COE price, it wouldn't make a difference between new and old bike prices le.

  23. #273
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    Singapore Pools should start a betting booth on the next COE price for April.

    Given the known fact that May 2014 will be the next scheduled adjustment of COE quota, and that there have been a mighty lot of unsuccessful bids. Will the last 2 bidding exercise bring the Cat D prices to new heights?

    Current COE - $4,298

    1st bidding exercise April 2014

    Lower than $4,298 - 1 : 777
    exactly $4,298 - 1: 888
    >$4,298 < $4,500 - 1 : 0.2
    >$4,500 < $5000 - 1 : 0.3
    >$5,000 < $5,500 - 1: 1
    >$5,500 < $6,000 - 1: 0.3
    >$6,000 < $6,500 - 1 : 5
    >$6,500 < $7,000 - 1 : 7.5
    >$7,000 < $7,500 - 1 : 9

  24. #274
    Spark_135
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    Renewed mine till Feb 2024. Phantom is a real motorcycle tank. Tough and reliable, can't just scrap it.
    2B - 29 December 2010, one time pass
    2A - On going...

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  25. #275
    sawfly
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    Quote Originally Posted by Spark_135 View Post
    Renewed mine till Feb 2024. Phantom is a real motorcycle tank. Tough and reliable, can't just scrap it.
    long time nvr hear from you bro. my bike coe end in july leh. i see the $$$ i contemplating scrapping liao..
    operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

  26. #276
    matthias76
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    If the machine still going strong, I suggest forfeiting the 3 months and renew sooner. No way coe going to drop by the next adjustment.

    Sent from my GT-I9506 using Tapatalk

  27. #277
    sawfly
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    see how liao.. cfm won't drop by then and might retire from riding or upgrade if home affairs approve leh lol.. need legit reason for "license to ride"leh =X

    Sent from my C6903 using Tapatalk
    operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

  28. #278
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    Let me know if you are going to scrap your bike. May want to buy some of your parts. Thanks.

    Sent from my GT-I9506 using Tapatalk

  29. #279
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    what would you do with a balance 6mth coe bike? if i scrap now, how to i max out the value? assuming i strip dw the parts but if not i dun think there is any value. welcome advise . cheers

  30. #280
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    First of all, you can recover the remaining cash value of your COE if you intend to get another bike brand new (or 2nd hand bike with longer COE).

    If your bike model is something that is common and still hot in demand, you can strip down the part and sell them part by part, rather than pushing it to the scrapyard which you will get almost nothing.

    If you are having a Gen 2 phantom, let me know. Maybe we can work something out. I am intending to keep parts for use and if the price is right, I may even consider buying the whole bike from you.

  31. #281
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    last time coe cheap, not much residual coe bal left.

    fren considering to "rent" it for the rest of itz useful left.

    pm me and we take it offline

    not sure abt gen 2. itz ta200 and yes the pipe is round not flat ta200. FY plate. ultra low mileage. for a almost 9.5yrs bike, itz only 52k.

    very split over scraping it. of coz renew 5 yrs wld cost me 1.6+ but easily tong for next 5 yrs



    Quote Originally Posted by matthias76 View Post
    First of all, you can recover the remaining cash value of your COE if you intend to get another bike brand new (or 2nd hand bike with longer COE).

    If your bike model is something that is common and still hot in demand, you can strip down the part and sell them part by part, rather than pushing it to the scrapyard which you will get almost nothing.

    If you are having a Gen 2 phantom, let me know. Maybe we can work something out. I am intending to keep parts for use and if the price is right, I may even consider buying the whole bike from you.

     

     
  32. #282
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    PQP now for renewing COE is $3793...

    How ridiculous can it get when the renewed COE is more than the same price of what I paid for my bike plus renew COE on Feb 2014?

    WP asked a parliamentary question about whether gahmen can consider abolishing the COE for Class 2B bikes? Anyone want to guess what Lui Fuk Yew replied?

  33. #283
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    PQP should be around 4k now right?

    Sent from my GT-I9506 using Tapatalk

  34. #284
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    yes 4255. The LTAsg my transport app on Android can monitor current Pqp.
    operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

  35. #285
    Stuntplayertoday
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    Quote Originally Posted by sawfly View Post
    yes 4255. The LTAsg my transport app on Android can monitor current Pqp.
    WAH,so high.Should i go for 5 or 10 years?

  36. #286
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    10 years IMHO.

    Sent from my Nexus 5 using Tapatalk

  37. #287
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    5 years if you need the transport and plan to scrap within one year and then recover the cash.It's like additional insurance to pay for.
    operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

  38. #288
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    Yesterday check COE bidding price at 5pm - $1
    Today at this present moment - $4001.
    Why cannot slowly bid and must one shot jump to $4001? $2 per price revision ok mah...worse come worse wait next month la. What for let garhmen earn our hard-earned money for stupid piece of paper...

  39. #289
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    Quote Originally Posted by matthias76 View Post
    Yesterday check COE bidding price at 5pm - $1
    Today at this present moment - $4001.
    Why cannot slowly bid and must one shot jump to $4001? $2 per price revision ok mah...worse come worse wait next month la. What for let garhmen earn our hard-earned money for stupid piece of paper...
    That clearly shows coe bidding is manipulated by some parties. they know if more than 4k, people would not buy their bikes (first or second hand) and if less than 4k, they would lose out as many buyers are more adapt to looking for private buyers

  40. #290
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    coe $4800....wtf
    i love my ezzyoiler
    experience the miracle...
    where chain cleaning is history...
    call 91797182..

  41. #291
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    I chit chat with a JB fren recently. We were talking about the natural resources Malaysia holds and those of Singapore. My fren said, "Although Malaysia has a lot of natural resources, the country's development cannot match up to Singapore - because Singapore has a lot of walking ATMs. Anytime the SG Garhmen runs out of money, just invent a piece of paper and call it a Certificate of Entitlement. Or invent a scheme to hold back people's money and call it CPF. Or build small shoe-size homes and implement a scheme call [Home ownership for everyone]"

    I was like - *speechless.

     

     
  42. #292
    kaiq
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    Now is the grace period of "clearing the old emission standard bikes". About 2 months. Wait until early Dec to see if got drop ba.

    The COE these few months probably will raise even higher than a few months ago due to the last minute rush.

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    We "paid" for it. Our ambulance can arrive within 10 minutes in an accident, theirs can or not...

    Got pros and cons, no point arguing over it. Don't belittle yourself, we are not that bad.

    Quote Originally Posted by matthias76 View Post
    I chit chat with a JB fren recently. We were talking about the natural resources Malaysia holds and those of Singapore. My fren said, "Although Malaysia has a lot of natural resources, the country's development cannot match up to Singapore - because Singapore has a lot of walking ATMs. Anytime the SG Garhmen runs out of money, just invent a piece of paper and call it a Certificate of Entitlement. Or invent a scheme to hold back people's money and call it CPF. Or build small shoe-size homes and implement a scheme call [Home ownership for everyone]"

    I was like - *speechless.

  44. #294
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    Their country so much bigger. For our country, if traffic is clear, one end of the country to the other, Changi to Jurong, 1 hour can liao.
    Their country Johor Bahru to Perlis 10 hours. How to compare.
    Motorcyclist are the nicest people on the road, try not to kill us.

  45. #295
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    COE for Bike - Bidding closed at 16:00hrs on 5 Nov 2014

    Current bid : $1
    Countdown to bid close : 1 hrs 51 minutes

  46. #296
    MR BIKER
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    probably last ten minutes , some idiot will start putting in $4k and next one will put $4.3k. i predict it will between 4.2 to 4.3 but not more than 4.4 as last bid

  47. #297
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    Quote Originally Posted by MR BIKER View Post
    probably last ten minutes , some idiot will start putting in $4k and next one will put $4.3k. i predict it will between 4.2 to 4.3 but not more than 4.4 as last bid
    Last 4 minutes

    $1589

    Last 2 minutes 4290

    Stupid idiot put $4290... If you are reading this..balls to you. _I_

  48. #298
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    hahahaha.i am right

  49. #299
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    So its people who increase the price not government then.

  50. #300
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    we have and never will have NO idea who that idiot is. probably an AGENT
    who wants coe to be at that level of 4k now until THEY start changing the number of coe available
    Last edited by MR BIKER; 06-11-2014 at 06:45 PM.

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