To those who wanna buy a car now

[chipmunk]

Please hold ur fire from purchasing a car until coming april as there are insider info/ rumours floating around that LTA will scrape the current COE system from April onwards.

Heard that this rumour is at least 95% accurate.

Disclaimer: Do not flame me if the info is inaccurate..

[delon]

Please hold ur fire from purchasing a car until coming april as there are insider info/ rumours floating around that LTA will scrape the current COE system from April onwards.

Heard that this rumour is at least 95% accurate.

scrape COE? any idea why?

[tUx]

Then will there still be any controls implemented to keep a certain amount of cars on the road?

[chipmunk]

scrape COE? any idea why?
No ideas. Only a hearsay from some relatives. Anyway the current COE is also too cheap to do any controls liao.

[chipmunk]

Then will there still be any controls implemented to keep a certain amount of cars on the road?
Not too sure. Maybe increase of road tax, increase of ERP etc etc.

[delon]

and increase petrol and parking prices.

[chipmunk]

and increase petrol and parking prices.
hahaa.. Parking price wont increase too much lah. I believe the ERP is the main source of revenue for the govt if they are to scrape COE system.

[greatest06]

What does scrape COE system means? Sorry for been a noob.

[chipmunk]

What does scrape COE system means? Sorry for been a noob.
means that COE will no longer be around lor.

[tUx]

Not too sure. Maybe increase of road tax, increase of ERP etc etc.

Nabey.. :angry8:

[chipmunk]

Nabey.. :angry8:
Not sure lah. Maybe the scrapping of COE might not be true in the first place.

[tUx]

Wait till April bah.! :D

[chipmunk]

Wait till April bah.! :D
Maybe it is a april fool joke. I wonder if they dare to announce it on 1st april even if the news is true in the first place. LOLzzz.

[delon]

hahaa.. Parking price wont increase too much lah. I believe the ERP is the main source of revenue for the govt if they are to scrape COE system.

price won't increase. may $1 for 15 mins next time? :D

[delon]

Nabey.. :angry8:

the singapore govt not stupid. :D

[chipmunk]

price won't increase. may $1 for 15 mins next time? :D
Take MRT. keke

[Levin]

Maybe govt know I'm 18 soon :happy:

[chipmunk]

Maybe govt know I'm 18 soon :happy:
wahhhaaa... yah lor. paving the way for u.

[Christine]

You zhun bo...... scrape the current COE. You want LTA to d** ar (sorry touch wood. Now New Year cannot use the inauspicious word)

So many thousands of motorist in the last decade paid so much for the piece of paper.

[Levin]

You zhun bo...... scrape the current COE. You want LTA to d** ar (sorry touch wood. Now New Year cannot use the inauspicious word)

So many thousands of motorist in the last decade paid so much for the piece of paper.

Election coming :angel1:

[chipmunk]

You zhun bo...... scrape the current COE. You want LTA to d** ar (sorry touch wood. Now New Year cannot use the inauspicious word)

So many thousands of motorist in the last decade paid so much for the piece of paper.
Told u that is only a hearsay floating ard in the auto market lah.

As u know govt lah, they scrape off one system then implement another system to make up the loss in revenue.

[chipmunk]

Election coming :angel1:
Remove the COE, slap u heavily with the import tax also LPPL.

[Levin]

Remove the COE, slap u heavily with the import tax also LPPL.

At least this one need not bid :D

[chipmunk]

At least this one need not bid :D
Bid or no bid also no diff lah. Need to wait so long just to get a car. My aunty just place an order for her family sedan but need to wait till end of march to get her car coz the cars are still on their journey here to SG.

[Levin]

Bid or no bid also no diff lah. Need to wait so long just to get a car. My aunty just place an order for her family sedan but need to wait till end of march to get her car coz the cars are still on their journey here to SG.

Buy bike :D Pay money then OTR lo~

[chipmunk]

Buy bike :D Pay money then OTR lo~
Another 2 person killed yesterday due to bike accident. The car driver who bang them only suffered from minor to mild injuries.

[Levin]

-.-a

[Christine]

Remove the COE, slap u heavily with the import tax also LPPL.


dunno. We put a few more ERP gantry can liao... :laugh5:

[Levin]

Put it at every expressway entry/exit :D

[Christine]

Another 2 person killed yesterday due to bike accident. The car driver who bang them only suffered from minor to mild injuries.


news where?

[Christine]

Put it at every expressway entry/exit :D


even at the entrance / exit of your car park can liao.

[international]

I dont catch any balls...anyone care to exlpain to foriegners>

[Christine]

I dont catch any balls...anyone care to exlpain to foriegners>


We're discussing the Government's rumour to plan to scrap the Certificate of Entitlement, or otherwise know as COE to us where we pay anything from a few hundred of dollars for that piece of stupid toilet paper to tens of thousands of dollars. Depending on which classes you're in?

[Shrek]

Actually i only heard rumors on scrapping the omv/parf/arf value. COE so lucrative how to scrap. imagine 4000 cars x $10000 x twice a mth = 8 millions a month!

[international]

We're discussing the Government's rumour to plan to scrap the Certificate of Entitlement, or otherwise know as COE to us where we pay anything from a few hundred of dollars for that piece of stupid toilet paper to tens of thousands of dollars. Depending on which classes you're in?
oh...

[DriftKing]

Maybe they scrap COE.. but use another name of the same thing and implement it.. O_o

Singapore Govt is not toot... But with or w/o COE.. sg care price is still insanely high..

[Levin]

oh...

We even need to pay tax to drive on the road.

[DriftKing]

We even need to pay tax to drive on the road.

I thought this is normal everywhere in developed countries...

[Levin]

I thought this is normal everywhere in developed countries...

Really?

[charleslin]

COE scrapped, the cars slower than bicycle.

Cars, can't even move, whole of singapore is a garage.

[xiao`meow]

Scrapping of COE i feel is quite impossible ah, cause it's a way to control the volume of cars on Singapore roads... if COE is scrapped, the government may come up with other ways of price increase, like increased ERP or road tax to counter the scrapping.. this will be even worse and unfair for the past buyers, as they have to bid for the COE, and then still have the bear the increased rates.. and the new car won't have much resale value as well, as now there's no COE value to accompany it when selling...

so i really hope that the news isn't true... no offence to those who hoping for scrapping of COE... but gotta think of the consequences and why did government implement COE..

[tensor]

they wouldn't be scrapping it anytime soon...
it would be more viable to adjust the COE pricing/ or certificitates that are released each round.

this would control the increas in car ownership at a slower rate + better returns for each certificates. yes there will definately be more gantry points. to limit the amt of cars on some sections of roads.

[lonederer159]

cheam.. tink i go tink about it when its 5 years later... den i'll be 21 enuf to drive..

[gongkia2000]

i hgihly doubt it. They will be losing billions.

[blankowen]

one of my prof mention before that they are going to make car cheap to buy but expensive to maintain

[yeeth]

cannot be... no COE?
maybe they gonna call it something else lor :P

[xiao`meow]

Please hold ur fire from purchasing a car until coming april as there are insider info/ rumours floating around that LTA will scrape the current COE system from April onwards.

Heard that this rumour is at least 95% accurate.

Disclaimer: Do not flame me if the info is inaccurate..
anyway, the rumours i heard from my source is different.... it's more of the past COEs being low because of someone in LTA screwing up the calculations.... so most likely, the number of COEs being released for the following few mths would be lowered and COE will shoot up... not sure if it's true though..

[scyeige]

Please hold ur fire from purchasing a car until coming april as there are insider info/ rumours floating around that LTA will scrape the current COE system from April onwards.

Heard that this rumour is at least 95% accurate.

Disclaimer: Do not flame me if the info is inaccurate..
no way lah... the gov't is earing so much with just that piece of paper... they will NEVER scrap it lah. The COE is supposed to keep the vehicular population in check here in singapore... why would they scrap it? If they did, then they would be admitting that the control measures they put in place (ie the COE) doesn't work and they were WRONG! Pls lah... the gov't is NEVER wrong - at least they never admit they ever were. Just look at the 2 is enuff campaign for kids in the 60s and 70s... they never said they were wrong, they just blamed the researchers...

[ekenikichi]

true or not.. aniway it's good to wait.. never too rush to buy a car.. wait and see till april.. no harm too. thanks for the info chippy!

[chipmunk]

news where?
channel 8 news lor

[yaoyao]

then all ur second hand car dealers pok kai liao

[yaoyao]

i sense masss scraping lol

[yaoyao]

but rd tax erp will increase like siao

[xiao`meow]

but rd tax erp will increase like siao
NEVAR!!!!!

[tensor]

even if its CoE has ben scrapped....
it will still return in another form. so it will be almost the same.

[yaoyao]

even if its CoE has ben scrapped....
it will still return in another form. so it will be almost the same.
n knowing the garment

it will only return to haunt u more!

[xxAnthonyxx]

bo ko ling scape coe one la.. :)