Wednesday, May 28, 2008

COE Prediction - June 2008 1st Bidding Exercise

The Great Singapore Sale has just started but authorized car dealers have not put out any superb discount to coax me into buying. The COE quota premium rebounded as I have expected from the drop in the May 1st bidding exercise. I see most dealers are holding the price steady for now. Thus, I do not expect much change in the upcoming exercise.
Prediction on May 28:
Category A: $15,000-16,000
Category B: $16,000-17,000

Verdict on June 4:
Category A: $14,590
Category B: $14,640

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