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Thread: motorcycle COE 2.7K

  1. #1
    keyxblade
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    Default motorcycle COE 3K



    wow motorcycle coe increase by 35% now it is 2.7k record high.
    Last edited by keyxblade; 05-02-2014 at 08:55 PM.

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    smrt
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    god damn it.

     

     
  3. #3
    keyxblade
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    Quote Originally Posted by smrt View Post
    god damn it.
    yeah bec LTA reduce motorcycle quota by 25%. I don't understand why they do that. we don't contribute to traffic jams.

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    smrt
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    Quote Originally Posted by keyxblade View Post
    yeah bec LTA reduce motorcycle quota by 25%. I don't understand why they do that. we don't contribute to traffic jams.
    can you post a link to that? thanks.

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    paperplane
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    Quote Originally Posted by smrt View Post
    can you post a link to that? thanks.
    http://www.channelnewsasia.com/news/...by/954134.html

  6. #6
    tionghan
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    haiz.. wtf is wrong with this country
    speed and be home 5 mins early or 7 days late.

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    drifting_mp3
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    Not yet all time high. Ever hit above 3k before.

    Those coe about to end and considering to renew have till 30th Jan to do so.

    PQP is $1797.

  8. #8
    pcg
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    Ridiculous! !

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    keyxblade
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    Quote Originally Posted by drifting_mp3 View Post
    Not yet all time high. Ever hit above 3k before.

    Those coe about to end and considering to renew have till 30th Jan to do so.

    PQP is $1797.
    highest from the point they name it CAT D. anyway pretty soon it will hit 3k+ at this rate.

  10. #10
    topgearalwaysrock
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    Im prepared to see $5k coe eventually. Rich ppl now wanna own bike too. They can afford any price they want!

    Too bad, Im not like them. Still wondering why bikes need to pay COE and even road tax since we dun jam up the roads.

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    Quote Originally Posted by drifting_mp3 View Post
    Not yet all time high. Ever hit above 3k before.

    Those coe about to end and considering to renew have till 30th Jan to do so.

    PQP is $1797.
    My S4 COE end this june, I choose to renew, so by doing so b4 30jan, I just need to pay $1797???

    Sent from my C6603 using Tapatalk 2

     

     
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    Sht man
    My 1 is due for renewal in may

    U all think it will increase again?

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    Pls don't tailgate or stalk moi.

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    drifting_mp3
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    Quote Originally Posted by keown View Post
    My S4 COE end this june, I choose to renew, so by doing so b4 30jan, I just need to pay $1797???

    Sent from my C6603 using Tapatalk 2
    Just renewed mine. Basically even if your coe is not yet due for renewal, u will forfeit all remaining coe.

    And the new 10 or 5 years coe will start from feb 1st 2014.

    If coe remain above 2k, I think the math works out for me to forfeit 1 year coe.

  14. #14
    keyxblade
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    forfeit few months better than paying 1-2k more for the COE. most likely it will increase for the next few months unless LTA decide to increase the quota back

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    Quote Originally Posted by CyanSupra View Post
    Sht man
    My 1 is due for renewal in may

    U all think it will increase again?

    Sent from my SM-N9005 using Tapatalk
    Coe quota is being cut for motorcycles in next 3 months. Also new quota is dependent on number of bikes being scrapped. Plus 15% of scrapped bikes will be moved to open cat. Vicious cycle.....

  16. #16
    drifting_mp3
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    Quote Originally Posted by CyanSupra View Post
    Sht man
    My 1 is due for renewal in may

    U all think it will increase again?

    Sent from my SM-N9005 using Tapatalk
    Coe quota is being cut for motorcycles in next 3 months. Also new quota is dependent on number of bikes being scrapped. Plus 15% of scrapped bikes will be moved to open cat. Vicious cycle.....

  17. #17
    paperplane
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    Quote Originally Posted by drifting_mp3 View Post
    Coe quota is being cut for motorcycles in next 3 months. Also new quota is dependent on number of bikes being scrapped. Plus 15% of scrapped bikes will be moved to open cat. Vicious cycle.....
    Gradually (next few decades) most of the bikes coe will go to cars... and we will see lesser of bikes on the road liao.

    Control car population by giving them more quota for coe instead. brilliant solution. Someone insert the "come I clap for u" pic please.

  18. #18
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    Cant wait for 2016 to see how they die

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    For those renewing this year, it's better to do it soon.
    The 35% premium jump is just crazy.

    Good thing I just got my bike in December.

    Sent from my GT-I9305 using Tapatalk

  20. #20
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    sad for those who need bikes to earn a living

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    up lorry already.........

     

     
  22. #22
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    just renew mine which expires at june 2014 though

  23. #23
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    me also renew mine which expires at august 2014

  24. #24
    drifting_mp3
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    Sad times for those needing it for livelihood.

    Also as more choose to renew coe now, number of coe quota in coming months will be very low so coe price will likely be above $2k for a while.

  25. #25
    nicholson.lai
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    felt very disgusted by it....

  26. #26
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    its acceptable for cl2 bike but not so for 2b.

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    nicholson.lai
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    Quote Originally Posted by kawarides View Post
    its acceptable for cl2 bike but not so for 2b.
    Cannot imagine a new 2b bike price......

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    Soon they will classified cat D into 2 categories below 400cc & above 400cc

  29. #29
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    At that price, a cheap 2B bike or even a small 2A bike is not worth it anymore as COE price will be almost same price as the bike's machine price. They want bikes to be like cars, where COE is more expensive that the car itself. Soon everyone will be squeezing in the 'ever-reliable' public transport and will need to take the first train just to get in. Haiz, just when i was about to buy a bike.
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  30. #30
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    Quote Originally Posted by Morpheuz View Post
    At that price, a cheap 2B bike or even a small 2A bike is not worth it anymore as COE price will be almost same price as the bike's machine price. They want bikes to be like cars, where COE is more expensive that the car itself. Soon everyone will be squeezing in the 'ever-reliable' public transport and will need to take the first train just to get in. Haiz, just when i was about to buy a bike.
    It's still not too late ....

  31. #31
    redvodka
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    Maybe after CNY it will drop?

     

     
  32. #32
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    COE for anything with wheels. Roller blades, bicycles, skate boards, wheelchairs, forklifts, remote control car (yes, it is still a car) etc etc...

  33. #33
    keyxblade
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    Quote Originally Posted by redvodka View Post
    Maybe after CNY it will drop?
    i doubt it will drop. especially with so many people buying cb400x now

  34. #34
    keyxblade
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    Quote Originally Posted by redvodka View Post
    Maybe after CNY it will drop?
    i doubt it will drop. especially with so many people buying cb400x now

  35. #35
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    Getting more Ex to get a bike.. who know it will reach very high.. more people switch to mbike.. more demand.

  36. #36
    drifting_mp3
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    I have an uneasy feeling COE will be at 3k next round.....Perhaps it is time to review letting end users bid for COE instead of shops for Bikes at least.

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    Quote Originally Posted by drifting_mp3 View Post
    I have an uneasy feeling COE will be at 3k next round.....Perhaps it is time to review letting end users bid for COE instead of shops for Bikes at least.
    wait... i don't understand.. don't shops only bid for COE when someone actually wants to buy a bike? It does not seem to make sense for them to buy a COE for their unpurchased bikes, of which cost savings for them is uncertain anyway

  38. #38
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    Coe will nt drop...dats for certain.i ordered my bike wif coe @2700!!!
    [FONT=Impact][SIZE=1][COLOR=red][SIZE=7]THIS IS ANFIELD

  39. #39
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    Quote Originally Posted by mudai View Post
    Getting more Ex to get a bike.. who know it will reach very high.. more people switch to mbike.. more demand.
    Not entirely true.
    It's more because the government reduced the number of COE for motorcycles.
    Motorcyclist are the nicest people on the road, try not to kill us.

  40. #40
    mudai
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    They try to reduce the wrong type of vehicle. . Sigh. .

  41. #41
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    Quote Originally Posted by Sala View Post
    wait... i don't understand.. don't shops only bid for COE when someone actually wants to buy a bike? It does not seem to make sense for them to buy a COE for their unpurchased bikes, of which cost savings for them is uncertain anyway
    Actually if end users bid for our own Coe' chances are we will bid lower.

    Shops will try to secure a few more Coe just in case of higher demand.

     

     
  42. #42
    Jehuty
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    Quote Originally Posted by mudai View Post
    They try to reduce the wrong type of vehicle. . Sigh. .
    In the first place COE is a system that does not work. There's no point reducing the growth of number of vehicles on the road but increase the growth of the population with foreigners and putting more load on public transport.

  43. #43
    matthias76
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    Edited and deleted
    Last edited by matthias76; 17-11-2014 at 11:34 AM.

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    Edited and deleted because I feel so stupid reading what I have written.
    Last edited by matthias76; 17-11-2014 at 11:35 AM.

  45. #45
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    lucky i still able to renew COE @ $1797 till 31 Jan 2024 on last sat. If i pick till 28 Feb 2024. it would be $19xx which is nearly to $2k. i think the COE next month onward most likely will hang around there for the time being. so by then the PQP end up cost $2.5k~$2.7k just to renew another 10year.
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  46. #46
    ber
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    With the rise of the coe, would old bike resale price be affected?

  47. #47
    keyxblade
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    Quote Originally Posted by ber View Post
    With the rise of the coe, would old bike resale price be affected?
    of course. I think used bike price will increase as well since more ppl will target 2nd hand bike due to the coe increase. since more demand, the seller may increase the price. it depends on how much the sell wan to sell and if anyone is willing to pay the amount.

  48. #48
    virux
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    So far most used bike price increased +3000 already...
    Just renew coe with 1797 and forfeit 1 and half year.
    Last edited by virux; 29-01-2014 at 08:57 AM.

  49. #49
    andrei
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    No surprise here. The current, updated a couple of years ago system, aimed at reducing the number of bikes on the road.

  50. #50
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    i think the coe going to go up north again. most probably going to hit 3K and above.

    "The quota for motorcycles will see the biggest decrease, with a drop of 28.2 per cent to 361 from 503."
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