The results are out for month of February 2019 PQP!
And broadly speaking we were right as to the direction each Cat has moved:
COE for Cat A is down, Cat B is up and Cat C is down
These are the results and actual PQP numbers:
Cat A $25,727
Down by $321 compared to the month of January 2019
Our PQP prediction made for February was for a fall of $358 versus the previous month’s PQP, we missed the actual result by $37.
Cat B $31,933
Up by $598 compared to the month of January 2019
Our prediction was for a rise of $1,483 compared to previous month’s PQP, we missed the mark by $885.
Cat C $27,376
Down by $795 compared to the month of January 2019
Our prediction was for a fall of $834 and we are only $38 off from the actual PQP price.
If you need help with COE renewal and your car is expiring in the month of February, we are here to help!
Just contact us via Whatsapp or call 92782880 during office hours.
What Do I Do Now if My Renewal is Not In February?
This could be a little bit tricky, especially for those who have Cat B cars. The direction has not changed, and it is the first significant rise in Cat B PQP for more than one year now. Could this be the start of a new trend for Cat B, plus many the factors that are affecting Cat B point to the fact that a support level has been reached, is it too early to renew your Cat B now if your expiry month is in March or April 2019? Maybe our prediction of the renewal price for month of March will help you.
If you need someone to discuss your renewal with, you know who to contact.