Wednesday, September 5, 2007

C(hevy) O(ptra) E(ntitlement) Day

Chester reminded me yesterday that the 1st COE bid for September closes today, and we are keeping our fingers crossed that we'll get it in the first attempt.

He was closely monitoring the COE prices. By lunch time, it already hit $15k. One hour later, $16k. Chester then contacted the Chevy guy to ask him at what level are they going in, but they advised that the COE prices were much higher than what they were prepared to bid. So at 3.53pm, Chester smsed me, saying that we will not get it and have to wait for the next bid.

Though it was a little disappointing, but I didn't really think too much about it as ours was a COE-guaranteed deal (within 6 bids).

Then, at 4.22pm, I received another SMS from Chester, informing me that we were successful! Apparently the Chevy people upped their bids during the very last few minutes of the COE bidding exercise, and they managed to secure it for us. Final COE price for Cat A was $17,999, which was $9,881 higher than last month's exceptionally low price of $8,118.


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