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LTA invites the public to feedback on car ownership and COE

By SYF77 on 12 Jun 2013

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The Land Transport Authority (LTA) has setup a website to seek feedback from the general public on how COE and car ownership schemes should be tweaked. The government is trying to inject some form of social equitability in car ownership in our land-scarce island.

The feedback will help the government to better delineate CAT A from Cat B, so that buyers of mass market models do not have to compete directly with luxury car buyers.

However, luxury brands' penetration into CAT A is only part of the equation in contributing to the astronomical rise in COE price in the 'mass market' category. The reduction in supply of COE and ever increasing population numbers would ensure that COE prices would remain sky high.

If you are interested to air your views, do visit the website – http://talk2lta.lta.gov.sg/coe

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SYF77
Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.



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Fastfive1 Jun 13 2013 12:44 AM
Your short bio pretty much explains your views towards the COE. Mass Market vs Luxury cars? If more luxury cars enter the CAT A category, there will be nicer looking cars on the road. Who gives a crap about mass market cars like toyota? I say to hell with toyota. Their cars have been declining in quality.
  • 1
 
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