Any 1 bought car from c&c & going to opt for topping up 2 k to secure up coming coe?

Any 1 bought car from c&c & going to opt for topping up 2 k to secure up coming coe? My se advice mi to top up the 2k to secure the coe as gov will reduce coe by 30%.. so any bro intend to top up?

u got hw many bids left?

whitechoco wrote:u got hw many bids left?

5 bids left.. but if now i choose dun top up, if the coe shoot all the way up dan the next time might need to top up more than 2k.. haix.. how? should i risk or to pay?

my guess is to risk.. 5 more bids.. anything can happen.. hmm, someone told me abt the election thing.. which might me happening anytime this few mths and coe might likely or possibly drop.

but what has it gotta do with COE ?

for me, i booked a 1.6l koup. if the next 5 bids fail den shld be going for the 2.0l. since the price has been stable for a few mths now.

hmm.. i tink i would take the risk too.. still got 5 anyway.. and anyway ur stock also nt here yet.

For me i would suggest u go for the topup. COE cut by 30% is a fact and nthing can change now.
If u look at the last time coe cut, the price of coe shoot from 3-4k to 20k which is about now.
But there is still a very slim chance tat coe will drop coz nthing is definite.
Well but do take into consideration of past exp from bros who topup here they may give u a better picture.

Well its just my suggestion, do consider well before deciding.


Mel

Latest from ST :

New formula for COEs


THE Government will revise the formula for the supply of Cetificates of Entitlement (COEs) to better match the actual demand and prevent big fluctuations in the growth in vehicle population.
From April, after this quota year ends, the new formula will be based on actual de-registrations of cars that have already taken place, and this will be recycled back into the system. New COE supply will be released in six-monthly lots under the revised formula, said Transport Minister Raymond Lim in Parliament on Thursday.
Currently, the supply is based on the projected de-registrations in the coming year.
This means that the upcoming quotas will be significantly smaller as de-registration figures last year were low, and also because the Government will adjust for the oversupply in the the last couple of years.
Responding to concerns from MPs that the vehicle population has grown faster than the allowable rate in the last few years, Mr Lim acknowledged the shortcoming of the previous formula.
He said while the previous formula, in place since 1999, achieved a 3 per cent annualised growth rate in the long run, 'the short-term fluctuations in the growth rate are not desirable', as the one-year lag was not sufficiently responsive.
He said the Land Transport Authority had sought the views of motor trading associations in its review for a better way to determine the replacement COEs each year, and they were generally supportive of the new proposal.
'They felt that the recycling method has the advantage of being more transparent, as they can estimate the COE quotas by monitoring the de-registration rates,' said Mr Lim.
'We do not rule out shortening the recycling period further to make the system even more responsive,' he added.

I'll top-up the 2K if COE is guaranteed by CnC......

wait till e coe is sky high, say 2200?? then top up. meanwhile no pt worryin. 6bids rite.

unlimitedz wrote:wait till e coe is sky high, say 2200?? then top up. meanwhile no pt worryin. 6bids rite.

If coe is sky high they will not ask for 2K liao.
Mayb 4K to 6K topup by then, which is what happen to some bros here.

ohhhh... but coe high is oso another form of increasing omv mah!! rite?? hahaha... limited knowledge on this bro...
btw u came back liao ar??

melburn wrote:

unlimitedz wrote:wait till e coe is sky high, say 2200?? then top up. meanwhile no pt worryin. 6bids rite.

If coe is sky high they will not ask for 2K liao.
Mayb 4K to 6K topup by then, which is what happen to some bros here.

unless you are expecting COE to drop in the coming months......
those that booked their ride during the 2K discount weekend should seriously consider topping-up for guaranteed COE.......

worse come to worse got for second hand car ...

I agree with muff... it was really a tactics by CNC Kia to lure customers with 2k reduction & free bk, then they based on their profit margin, bid the COE for customers, so if you bought your car during the weekend, all the more you shld top up.

muff wrote:unless you are expecting COE to drop in the coming months......
those that booked their ride during the 2K discount weekend should seriously consider topping-up for guaranteed COE.......

i book during the 2k promo.. still thinking whether to top up anot.. any bro oso buy during the promo? any1 toping up?

based on last bid quota is 1148, bid received is 1758 so to say there is still a outstanding of 610 ppl haven got their coe wo.. =( so if next bid still 1100 places to bid, more than half have been taken..

unlimitedz wrote:ohhhh... but coe high is oso another form of increasing omv mah!! rite?? hahaha... limited knowledge on this bro...
btw u came back liao ar??

melburn wrote:

unlimitedz wrote:wait till e coe is sky high, say 2200?? then top up. meanwhile no pt worryin. 6bids rite.

If coe is sky high they will not ask for 2K liao.
Mayb 4K to 6K topup by then, which is what happen to some bros here.

COE increased do not mean your OMV also increased unless Won value increased then your OMV increased bcos of exchanged rate. but OMV increased your ARF also increased so your car prices they sell you will increased alot. if no OMV then car is mouch much cheaper liao. no need to Pay ARF. haha. if that the case government's department LTA eat grass liao

13mths ago wen i booked my 2l the se tell me mayb need to top up if cant get coe...but tat time time i dun really need a car...tell myself no coe, then ok lor, wont die hehe....jus continue ride my beemers or take public transport hehe....n 1st bid i remember in mar, se sms me i got the coe....
my another frn who desperate need a car book swift sports much earlier than me in the end lan lan top up since after dunno how many bids he stil didnt get....
morale of the story dun hope too much n u wil get....hope so much u may end up toppin up hehehe

if i am not wrong, Its not just topping up of 2K. For example i book my forte EX(A) during the 2koff and free bk which is 50,999. So if i am going to top up 2 k for guranteed COE i need to pay 4k. Becoz i need to top up for the EX(A) current price which is 52,999 also. This is what my SE answered me. For me if never get after 6 bid i will live with my "BIG GULPER" loh. no choice

Just for consideration, the current interest rate is 2.68%.
So if re-book again will be new interest rate of 2.68%.

I also booked during the 2k discount and free bodykit weekend,but I got the Coe,where did you booked?mine is at lengkee

Just top up if only $1 or 2K. I recalled that previously when COE is around $30-$40K level, owning a car seems so out of reach.

r11s wrote:13mths ago wen i booked my 2l the se tell me mayb need to top up if cant get coe...but tat time time i dun really need a car...tell myself no coe, then ok lor, wont die hehe....jus continue ride my beemers or take public transport hehe....n 1st bid i remember in mar, se sms me i got the coe....
my another frn who desperate need a car book swift sports much earlier than me in the end lan lan top up since after dunno how many bids he stil didnt get....
morale of the story dun hope too much n u wil get....hope so much u may end up toppin up hehehe

Your example is 13 mths ago... Very misleading. Please don't use in current situation where COE will be cut by 30%.

Godson wrote:I agree with muff... it was really a tactics by CNC Kia to lure customers with 2k reduction & free bk, then they based on their profit margin, bid the COE for customers, so if you bought your car during the weekend, all the more you shld top up.

Not really fair statement to C&C as some gotten their COE in the last round.

i would say for those that gotten their COE during the last round, congrats.

but looking at the leftovers from the last COE overflowing to the next COE, on top of it, next COE being the last COE round before the cut in quota, i would think that the COE will go up.

profit margin is one thing, but how much can C&C bid without making a loss? i would say, no more than 21k.

yea mi topping up 2K to secure e guaranteed COE. Meeting my SE this evening after work to sign e letter so called black n white.

Drago wrote:yea mi topping up 2K to secure e guaranteed COE. Meeting my SE this evening after work to sign e letter so called black n white.

i oso top up.. but i se only need mi to text her a sms to confirm.. hehehe.. =) save my trouble down..

Drago wrote:yea mi topping up 2K to secure e guaranteed COE. Meeting my SE this evening after work to sign e letter so called black n white.

2K for guaranteed COE......good move...

muff wrote:

Drago wrote:yea mi topping up 2K to secure e guaranteed COE. Meeting my SE this evening after work to sign e letter so called black n white.

2K for guaranteed COE......good move...

Good move.
Just an update SX(A) price is now $63999
Those who were late to decide now have to topup up to 6K liao

Congrats

You mean if wanna secure COE now have to topup 6K?

darrenow wrote:You mean if wanna secure COE now have to topup 6K?

If u decide to opt for guranteed coe for those who have alrdy booked previously, you may not get the 2K topup option liao. Thats what i mean.

Just an update for curious minds, our twin brother avante price increased up to 10K today.

Now avante is $66399

melburn wrote:Just an update for curious minds, our twin brother avante price increased up to 10K today.

Now avante is $66399

I believe that model is the 's .
but the basic model has enter into 60k region.
Guess this is going to create alot fear in singapore market soon..

pls top up if you have not read today st page 3. whole singapore car dealer increased prices across the board. Hyundai up 8k Kia up 5k japanese up to 5k. no choice COE cut by 40%. COE will go up to 30k in the next few mth. Car prices will remain high for next few yr. good for ppl already got bcos car will go up north in price even you sell also will not lose alot.

Wah, the price went up so high! Lucky I didn't delay and booked last year.

alpineccm wrote:Wah, the price went up so high! Lucky I didn't delay and booked last year.

Wonder how much can our car worth in the 2nd hand market now .hehe

dav2011 wrote:

alpineccm wrote:Wah, the price went up so high! Lucky I didn't delay and booked last year.

Wonder how much can our car worth in the 2nd hand market now .hehe

If COE prices keep on creeping up, we may hit a situation whereby existing car owners like us who bought the cars at a cheaper price can drive for a few years, and then resell in the 2nd hand market at lesser loss.

Atlant1s wrote:
If COE prices keep on creeping up, we may hit a situation whereby existing car owners like us who bought the cars at a cheaper price can drive for a few years, and then resell in the 2nd hand market at lesser loss.

Very true. But that is provided that you are not buying any car after selling.

The second hand car market will be very vibrant with the rise in COE. Good discussion here. My SE says she will inform me on their next move.

And I was unhappy that I bought my forte SX (A) at $56,499.... I think no need to be unhappy liao LOL!

I have booked with Titanium Silver 1.6 SX(A) at $63999 and topped up 2k for a guaranteed 6 bids.

What freebies you guys get from SE this time round?
I was given RikeCool, Visor and 3M 'look-alike' car mat

samuelj wrote:And I was unhappy that I bought my forte SX (A) at $56,499.... I think no need to be unhappy liao LOL!

lol.. so mean u... i looking back when i bought my forte.. i kind like 2nd batch, bought ard 48k. Looking at the price now, i think owning a car would be kind of beyond my budget liao.

Choc0Lat wrote:I have booked with Titanium Silver 1.6 SX(A) at $63999 and topped up 2k for a guaranteed 6 bids.

What freebies you guys get from SE this time round?
I was given RikeCool, Visor and 3M 'look-alike' car mat

get at least the soundclad..... if u can get, go for the PPS and boot car mat.....

Atlant1s wrote:

dav2011 wrote:

alpineccm wrote:Wah, the price went up so high! Lucky I didn't delay and booked last year.

Wonder how much can our car worth in the 2nd hand market now .hehe

If COE prices keep on creeping up, we may hit a situation whereby existing car owners like us who bought the cars at a cheaper price can drive for a few years, and then resell in the 2nd hand market at lesser loss.

then buy another car at a higher price, thus negating the gains....

I bought my SX at $51499, inclulsive of 2k top up. Got free BK, Premium RikeCool, visor, 3A car matt. I dun regret topping up, $7000 coe + $2000(top up) = $9000 coe, I got $14000 coe but only after a painful 6th bid.

yaaa... like bro impact,
got mine before 50k plus (new interior...) if gonna buy now.. picanto seems like what i could manage only

longbow wrote:I bought my SX at $51499, inclulsive of 2k top up. Got free BK, Premium RikeCool, visor, 3A car matt. I dun regret topping up, $7000 coe + $2000(top up) = $9000 coe, I got $14000 coe but only after a painful 6th bid.

yaaa... tot.. we are the only 2 waited longest... for the delivery haaa...

What is soundclad and pps? I am new to this

FriesL wrote:

longbow wrote:I bought my SX at $51499, inclulsive of 2k top up. Got free BK, Premium RikeCool, visor, 3A car matt. I dun regret topping up, $7000 coe + $2000(top up) = $9000 coe, I got $14000 coe but only after a painful 6th bid.

yaaa... tot.. we are the only 2 waited longest... for the delivery haaa...

Not to mention our additional 3 - 4 month wait for BODYKIT KNS!

haaa.. thats very true...
but look back.. think well worth for now..ya..? haaa..

Choc0Lat wrote:What is soundclad and pps? I am new to this

sounclad : sound proofing for the underbelly ...
pps : paint protection systems - they call it system 6....