3 Feb 2016 COE Bidding. This is the second time I would be bidding for the COE myself, so this time I'm more seasoned already. I put the bid in one day before, at the ATM. Here is the video. I bidded for Category A.
I put in a serious bid and I thought I had a decent chance, given that the number of COEs for Cat A in this bidding cycle is significantly higher than 2 weeks ago. But alas, I did not get the COE. Here is the bidding action.
Plenty of action in Cat A but Cat B hardly moved until very close to the bid closing time. Ironically, had I placed the same bid for Cat B, I would have gotten a Cat B COE!
As it turns out, the Cat B COE is approx $8,000 less than Cat A COE for this bidding. Strange isn't it? Small car COE cost more than big car COE!
Thanks for viewing.
Hi, looking forward to your next post on CoE bidding .
ReplyDeleteI do find the dealers charging me a car price that is more than just subtracting the retail price by the CURRENT coe...So still figuring out why and this is a dampener for me at least..
Do update if u can find a dealer that is fair on the car price