Coe Prices THE dealer offers to keep trying to get you a COE at the price you're prepared to pay. So a package deal may say that the dealer will bid four or six times in successive COE tenders to get you your COE.The attraction: It is cheaper than other package deals, and that's why this is popular with buyers who are prepared to wait. If COE prices go down, you could save money.Reputable distributors of top brands will almost always land a COE - even if they tell you there's no guarantee. If all goes well, you get your car within four months, often sooner.
The downside: If the dealer does not get your COE after six bids - and that means three months - things become uncertain. COE prices may stay beyond your reach, and you end up waiting longer. Or, along the way, you may start feeling anxious and agree to fork out more money to top up the price of your package and secure the COE.Also, some dealers may not start bidding right away as you expect. They do so only in the fourth to sixth rounds. It means you wait. So it may be wise to hold on to your current set of wheels if you choose this deal.Also, rebate levels tend to be low for multiple bidding packages. So if COE prices fall, this deal does not offer the best money-back promise.
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