Thursday, April 05, 2007

COE analysis April 1st round

This round COE up again. Cat A up $496 to $14,000 and Cat B up $237 to $14,889. It can be seen that the increase now become lesser and very carefully not to breach the $15k barrier. I feel that now dealers want to stablise the COE price cos too much changes is not healthy for their sales. So I guess they want buyers to get used to $15k region COE. So my guess is next round if increase it should be a few hundreds cos COE quota dropped. So next two rounds are important to reflect the actual demand for car sales when new quota kicks in.

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