Originally Posted by Unregistered

Today the 2nd Dec COE bidding starts. Did you book your new car over the weekend?

We can expect COE prices to continue with the uptrend. The Dec bonus has been given out and many people have lots of cash in their hands, not knowing what to do. Many will buy a new car to replace their old one or buy a second new car for their wife. With cheap oil, it is now cheaper to own and use a car. It is also more convenient to move around. Taxis nowadays so difficult to get during peak hours. Taxi fares have not gone down despite the fall in oil prices and this means you make taxi uncles richer. I rather use my money to buy a new car for my family.

Cat A will likely cross $70k and Cat B will cross $78k. Don't fight the uptrend.

You are lucky if you booked your new car yesterday.