Guess COE Result 06 May 2015 with +15% quota.

[guangwei]

Bidding exercise starts today,

http://www.onemotoring.com.sg/1m/coe/coeDetail.html

 

 

All non motorcycle cat COE have massive increase in quota this month onwards.

 

Except for motorcycle CAT D with just a +15% increase in quota, from monthly 260-270 x2 to this bidding high, there are a total of about 334 x2 CAT D COE.

In contrast there are 1.4k CAT A car COE and about 1.3k CAT B car coe, now. massively increased from last bidding exercise as car coe have always been the most profitable to print.

 

As of 04 May 6.07pm, 0 bids received for cat D coe. The quota is nowhere near the demand of about 900-1000 monthly, at just abought 650-660 per month. I expect the COE to hit pass slightly 7k.

Then it will stablise back to mid range to high range 6k. from then will grow at a somewhat slower pace finally, but it will definitely reach 10k someday.

That is provided that they cease manipulating the COE quota finally, to maximise profit.

Edited May 5, 2015 by guangwei

[Jehuty]

Increase 6 fold in less than 2 years, still not buying their bs, $1 COE then got hope, still not voting for them if that helps a bit.

[MR BIKER]

thats day somebody in garment said, you cannot separate civil servant from garment. even if you oust them out, we still have the civil servant to serve whoever is left behind.

[kzone]

Bidding exercise starts today,

http://www.onemotoring.com.sg/1m/coe/coeDetail.html

 

 

All non motorcycle cat COE have massive increase in quota this month onwards.

 

Except for motorcycle CAT D with just a +15% increase in quota, from monthly 260-270 to this bidding high, there are a total of 334 CAT D COE.

In contrast there are 1.4k CAT A car COE and about 1.3k CAT B car coe, now. massively increased from last bidding exercise as car coe have always been the most profitable to print.

 

As of 04 May 6.07pm, 0 bids received for cat D coe. The quota is nowhere near the demand of about 900-1000 monthly, at just abought 650-660 per month. I expect the COE to hit pass slightly 7k.

Then it will stablise back to mid range to high range 6k. from then will grow at a somewhat slower pace finally, but it will definitely reach 10k someday.

That is provided that they cease manipulating the COE quota finally, to maximise profit.

 

10k COE.. less than $100/mth for COE... cant wait for financial institutions to offer motorbike loans..

btw, anyone knows why no banks offer bike loans now?

[calebike]

banks likely deem motorcycle loans as "too risky"

[Jehuty]

banks likely deem motorcycle loans as "too risky"

 

And car loans not? Maybe no market that's why.

[calebike]

And car loans not? Maybe no market that's why.

 

car or bike loans riskier? simple fact. all loans (mortgage, credit card, renovation) are a risk no? if not why will they charge interest.

[wait4me]

maybe too cheap liao thats why .plus maybe tow car easier then tow bike

[teambhp]

car or bike loans riskier? simple fact. all loans (mortgage, credit card, renovation) are a risk no? if not why will they charge interest.

Look at the numbers of death n injuries on bikers. Banks also scare to lend

[kzone]

Look at the numbers of death n injuries on bikers. Banks also scare to lend

 

can have a compulsory add on insurance mah.

[teambhp]

can have a compulsory add on insurance mah.

True also. But for vehicles loans, applicant must earn at least 30k per yr

[kzone]

True also. But for vehicles loans, applicant must earn at least 30k per yr

 

ah ic, didnt know that. let's see if we will see bike loans fm banks soon... maybe will get resistants fm bike shop?

[teambhp]

ah ic, didnt know that. let's see if we will see bike loans fm banks soon... maybe will get resistants fm bike shop?

Unlikely banks will wanna do bike loans

[kzone]

Unlikely banks will wanna do bike loans

 

with 10k coe, plus machine price of 20 to 30k.. quite ok biz for them rite? like the price of car we used to pay.. err thousand years ago

[guangwei]

4 more hours to go, still $1 with 144 biddings.

[200sx]

Actually there is no bike loans because the collateral of car and bike is different. Car has a higher collateral compared to a bike. Other then the paper COE value for the bike, there are very low PAF value for bikes. Or you can say bike has negligible value in itself other then the COE

[teambhp]

Actually there is no bike loans because the collateral of car and bike is different. Car has a higher collateral compared to a bike. Other then the paper COE value for the bike, there are very low PAF value for bikes. Or you can say bike has negligible value in itself other then the COE

Zero PARF for bikes

[200sx]

There is zero PARF for bikes!! Those buyers paying sky high for a secondhand bike from forum thinking they got a cheaper deal from dealer are really goons. That is why i checked, most bikes are stuck selling here because they tot they are selling cars and they follow market COE.

 

Goon seller gets goon buyers. But there are still goons around.

[kzone]

There is zero PARF for bikes!! Those buyers paying sky high for a secondhand bike from forum thinking they got a cheaper deal from dealer are really goons. That is why i checked, most bikes are stuck selling here because they tot they are selling cars and they follow market COE.

 

Goon seller gets goon buyers. But there are still goons around.

 

 

 

u looking to buy used bike ah?

[200sx]

took over a bike from my friend. Save me all the troubles.

[kzone]

took over a bike from my friend. Save me all the troubles.

 

COI? that's a good arrangement!

[200sx]

Full cash settlement, dont like to pay installments:smile:

[kzone]

Full cash settlement, dont like to pay installments:smile:

 

even better !

[guangwei]

last 5mins, only 2.5k.. hopefully stops!!

[guangwei]

4.9k already

 

and then 5.9k

 

 

ended at 6512