I guess it's hard to predict how TCM will handle this upcoming bidding. Many factors could determine their mentality since this is the last COE bidding for this year such as reaching targeted sales number for the year, maintaining their current 4th position on the mfg listing, number of cars bookings still on backlog etc etc.. When I got my first Latio almost 3 yrs back, it was also after a crash in Cat A prices to 8k which resulted in a huge influx of bookings. At the end of the first bidding, some unsuccessful folks were offered the option to top up $500 and get an Open Cat COE. For those who did not take it, we obtained the COE by the 2nd bidding although with a lower paper value as compared to those who topped up. Hence, it's more than likely we'll get it within the next 1 to 2 biddings. For TC, having 08 mfg cars sitting in their warehouses inccurs storage costs and end-user perceived drop in the value of these cars when 09 mfg cars starts coming in as well. As long as the COE maintains stability, I would think that they will still want to get those cars out on the road ASAP.
