COEs for cars breach $10k mark via AsiaOne

[g8crasher]

COEs for cars breach $10k mark

Wed, May 20, 2009

AsiaOne

By Tony Ng

Car premiums for Certificates of Entitlement have finally breached the $10,000 mark after consistent increases.

The quota premium for Cat E, usually used for cars, closed at $10,046. up from $8,501.

Quota premium for Cat A (for cars 1,600cc and below) almost breached the $10k mark as well. It closed at $9,889, up from $8,489.

Premiums for Cat B (cars above 1,600cc) rose by 21.6 per cent to $9,180.

Meanwhile. COE premiums for Cat C increased by seven per cent to $7,600.

The only fall was in motorcycle premiums. It dropped by 10.2 per cent to $810.

http://motoring.asiaone.com/Motoring/News/Story/A1Story20090520-142758.html

[Guest Clear Vision]

Hi Guys,

Newbie here and Help some advice please.

Just join this site 2 weeks ago and signed with C&C for a C180 BE last week.

Was just informed that COE for 20 May 2009 unsuccessful and they will try for another 2 rounds only. The SE of C&C said that they only bid for 3 times and if still not successful, then I may have to top up if price went high again.

Questions: Is that the normal practise of C&C? I tot Guarantee? I saw the brochure and it stated 6 Bids, dont know why SE now say 3 bids only.

I was NOT gven a copy of the Forms I signed yet as SE said they will mail to me shortly. I also didnt pay attention what is stated on the Form as I trust C&C. Alamak!!! Any advise please. Thanks

[Guest c180g]

Hi Guys,

Newbie here and Help some advice please.

Just join this site 2 weeks ago and signed with C&C for a C180 BE last week.

Was just informed that COE for 20 May 2009 unsuccessful and they will try for another 2 rounds only. The SE of C&C said that they only bid for 3 times and if still not successful, then I may have to top up if price went high again.

Questions: Is that the normal practise of C&C? I tot Guarantee? I saw the brochure and it stated 6 Bids, dont know why SE now say 3 bids only.

I was NOT gven a copy of the Forms I signed yet as SE said they will mail to me shortly. I also didnt pay attention what is stated on the Form as I trust C&C. Alamak!!! Any advise please. Thanks

Not sure about your sales package... but i'm sure C&C will definitely deliver your car!! Maybe you bought at a better deal??

They will mail the documents about 2-3 days later. I think the forms are standard one, should be ok lah.... I also signed blindly!! hahaha... too excited about the new car mah!! What colour did you get??

[Guest Clear Vision]

Hi C180g,

Thks for info. I hope they will deliver la. Not sure if i get a good package as I didnt negotiated, but was offer An Offer which i think is a very good deal so i signed on the spot. Was told not to disclosed.....hmmmm

Getting my Very First Merc. Black exterior with very dark grey (kind of light black) interior.

[Guest bbwannabe]

haha... if the offer is good. why can't he disclose? don't he want more biz? fishy...

[Guest east539]

actually it is better to demand a photocopy of the hand written sales agreement for safekeeping. anyway just take a look again at the sales agreement that will besend to you in a few days time & if it was stated Guaranteed COE, than there is no way the SE can ask you to top up the differences.