Crazy COE bidding for license to own cars in Singapore: People play cat and mouse with COE bidding result till the last minute (like casino gambling?

[bic_cherry]

Crazy COE bidding for license to own cars in Singapore:

People play cat and mouse with COE bidding result till the last minute (like casino gambling?).

Less than 1 hour to go and all COE prices are still $1.

Buying car in Singapore is something like horse racing or blackjack: to bid the right COE price for your car:

Live betting in action:
https://www.onemotoring.com.sg/content/onemotoring/home/buying/coe-open-bidding.html

 

[mojito]

Silly lah these bidders. Everyone pay $1 everyone win!

 

[blur sotong]

You sure not some "invisible hands" at work??

Who is the main beneficiary of high COE?

 

[syed putra]

Thats why life is stressfull. Other places, just go to car showroom, and drive car away.

 

[AhMeng]

Are you sure there ain't any bid rigging about the bigger dealers...Lol

 

[borom]

There should not be COE in the first place.
Why should we pay COE as all of us are entitled to buy a car.
The first thing another party come to power (after abolishing the PA) should be to abolish COE and maid's levy and set up a quota system-i.e each family entitled to a car /maid without COE/levy. Those who wants more than have to buy one in the market from those who do not need them.

 

[Lizzert]

Silly lah these bidders. Everyone pay $1 everyone win!

U think they do'tt have one of their own kind to bid their " reserve" price b4 close ?

 

[blur sotong]

There should not be COE in the first place.
Why should we pay COE as all of us are entitled to buy a car.
The first thing another party come to power (after abolishing the PA) should be to abolish COE and maid's levy and set up a quota system-i.e each family entitled to a car /maid without COE/levy. Those who wants more than have to buy one in the market from those who do not need them.

Brilliant idea!!
The COE and maid's levy is a way of milking Singaporeans.

 

[rushifa666]

There should not be COE in the first place.
Why should we pay COE as all of us are entitled to buy a car.
The first thing another party come to power (after abolishing the PA) should be to abolish COE and maid's levy and set up a quota system-i.e each family entitled to a car /maid without COE/levy. Those who wants more than have to buy one in the market from those who do not need them.

Because stupid is as stupid does. Fast and furious cast shocked at our retarded car prices. Retards contjnue to buy

 

[Leckmichamarsch]

Thats why life is stressfull. Other places, just go to car showroom, and drive car away.

Nothing like fucking own children free ...ala melayu

 

[bic_cherry]

There should not be COE in the first place.
Why should we pay COE as all of us are entitled to buy a car.
The first thing another party come to power (after abolishing the PA) should be to abolish COE and maid's levy and set up a quota system-i.e each family entitled to a car /maid without COE/levy. Those who wants more than have to buy one in the market from those who do not need them.

COE and road taxes are necessary to pay for expensive road infrastructure like traffic lights, highways, pedestrian overpasses with lift for elderly people etc.

If everyone used bicycle, just need to provide roundabouts and don't need such heavy duty roads at all.

Motor vehicles also cause massive pollution, thus motorist need to significantly subsidise healthcare costs of society at large.

A lot of real estate space is also consumed for vehicle parking purposes.

 

[sweetiepie]

There should not be COE in the first place.
Why should we pay COE as all of us are entitled to buy a car.
The first thing another party come to power (after abolishing the PA) should be to abolish COE and maid's levy and set up a quota system-i.e each family entitled to a car /maid without COE/levy. Those who wants more than have to buy one in the market from those who do not need them.

KNN the only way for sinkies to drive car and not letting gov milk from them is to everyone bid for 1 cents then play tontine system among the bidders KNN money will be flowing within the citizens instead of gov KNN

 

[eatshitndie]

COE and road taxes are necessary to pay for expensive road infrastructure like traffic lights, highways, pedestrian overpasses with lift for elderly people etc.

If everyone used bicycle, just need to provide roundabouts and don't need such heavy duty roads at all.

Motor vehicles also cause massive pollution, thus motorist need to significantly subsidise healthcare costs of society at large.

A lot of real estate space is also consumed for vehicle parking purposes.

in sg cannot do away with lorries, vans, trucks, and big rigs to deliver food, beverage and anything related to makan for sinkies at various warehouses and stores that redistribute to hawker centers, food courts, eateries, restaurants. without makan or some cheap thankless labor preparing food for sinkies, sinkies will kpkb and may even revolt if tummies still have some kopi, kaya toast, kueh kueh, kway teow, and kari to lift their lazy bo chap butts from their couches.