Why is COE rising in a pandemic? Any idea?

[bigcockman]

Latest COE Prices
COE Bidding Results
April 2021, 2nd Bidding
(Next Tender on 5th May 2021)

CAT A Cars up to 1,600cc and 130bhp
Quota Premium $49,640	Change $4,040	Quota 890
Bids Received 1,290	Prevailing Quota Premium $42,283 (Apr)
CAT B Cars above 1,600cc or 130bhp
Quota Premium $61,190	Change $8,881	Quota 956
Bids Received 1,585	Prevailing Quota Premium $47,316 (Apr)
CAT C Goods Vehicle & Bus
Quota Premium $44,001	Change $7,867	Quota 262
Bids Received 441	Prevailing Quota Premium $39,982 (Apr)
CAT E Open
Quota Premium $62,100	Change $9,900	Quota 303
Bids Received 633	Prevailing Quota Premium N.A

 

[sweetiepie]

Simple leeson KNN
1. Less spending = more savings = left pocket in right pocket out KNN
2. Those scared of tio covid in public transport will use their savings to buy ah buy KNN

 

[po2wq]

mor delivery n e-hailers ...

 

[shittypore]

Tis bidding shit I wonder is it fully transparent? How do the public know tat it's not minupalated or minupalated?

 

[bigcockman]

Simple leeson KNN
1. Less spending = more savings = left pocket in right pocket out KNN
2. Those scared of tio covid in public transport will use their savings to buy ah buy KNN

I was thinking of changing my 5 year old car. I didn't expect COE to be this high. Sigh...

 

[gingerlyn]

@SOS is an expert in this field

 

[a_korusawa]

if gahmen does it, its called a legitimate system
if you who do it, its called a scam !!!

its so simple - supply vs demand!
1st they cut down number of coe
2nd they cut down number of replacements of scraps
knowingly the numbers will be lowered, so they dun bother about road taxes but increase the utilities
petrol taxes go up, follow by all traffic admins ie. fines/summon, parking, insurances, imports etc.

 

[shittypore]

Sound as one way or the other we are FOOK.

 

[glockman]

I was thinking of changing my 5 year old car. I didn't expect COE to be this high. Sigh...

What car you driving now? What car you plan to buy? As for me, bus, mrt, walk, pmd.

 

[ftan42]

recently stock market cheong, punters earn money and afford to bid higher for COE to secure a car

 

[bigcockman]

What car you driving now? What car you plan to buy? As for me, bus, mrt, walk, pmd.

Mini Cooper 1.6A. My COE was around only 18k when I bought it.

 

[glockman]

Mini Cooper 1.6A. My COE was around only 18k when I bought it.

Your car has an excellent heritage, going back to 1959. I had a Cooper S 1275 back in the 1970s. It was in British Racing Green, a real little pocket rocket.

 

[bigcockman]

Your car has an excellent heritage, going back to 1959. I had a Cooper S 1275 back in the 1970s. It was in British Racing Green, a real little pocket rocket.

You must be very old by now.

 

[glockman]

You must be very old by now.

Yes young man, I am 80. But if you see me, you'd think I am 30.

 

[bigcockman]

Yes young man, I am 80. But if you see me, you'd think I am 30.

You must be kidding. But you are definitely more welcoming and jovial than most other PG and MG people here in this forum. I find them grumpy and talk mostly about boring stuff. It's always about food, sex, boring politics, or USA vs China type of topics that doesn't really interest me.

 

[glockman]

You must be kidding. But you are definitely more welcoming and jovial than most other PG and MG people here in this forum. I find them grumpy and talk mostly about boring stuff. It's always about food, sex, boring politics, or USA vs China type of topics that doesn't really interest me.

Not kidding. Yes I am the jovial type, but if you feed me and put me in your will, I will be lagi jovial.

In truth, life is all about food, sex, politics. But yeah, I stay away from these topics all the time.

 

[MaximiLian]

and I thought I’d bought my ceo at too high a price

 

[Qantas]

if gahmen does it, its called a legitimate system
if you who do it, its called a scam !!!

its so simple - supply vs demand!
1st they cut down number of coe
2nd they cut down number of replacements of scraps
knowingly the numbers will be lowered, so they dun bother about road taxes but increase the utilities
petrol taxes go up, follow by all traffic admins ie. fines/summon, parking, insurances, imports etc.

No point crying over spilt milk. We had the chance to give the white mafia a black eye in July 2020 but did not do so. So lets move on.

 

[Ng Cheh Hwang]

@SOS is an expert in this field

Don't want lah, later u mock me again.

 

[batman1]

Sound as one way or the other we are FOOK.

When u pay a piece of paper COE for $50K,u know u are Farked.