The commenter also one kind of stupiak person

Not all old COE cars catch fire, though there is a higher tendency too due to aged wiring.

Cars with compromised electrical systems (looking at audio shops whe haphazardly shave wires ) can also catch fire regardless of age.

In fact, I would much rather park next to a pristine COE car than next to a abused PARF car.

Seems like a total loss.

Parking just got a whole lot more stressful now.

Vehicle modification carries a fire risk, unless you patronise a reputable workshop that don't cut corners.