No more cheap JB petrol, will car demand drop?

[Leepee]

Depends on how long the 'cannot buy' petrol ban stays.

I think it might deter some boderline case to hold off buying car for the next few weeks.

So another factor to help lower car demand in Singapore perhaps.

 

How much will they charge for unsubsidised fuel? Same as thailand or same as Singapore? Or higher?

[Auron]

got to be joking... i think the % of ppl going JayBee to pump petrol is less than 1%

[Tkseah]

So car demand may drop by 1% lor..

[Turbonetics]

will people buy car just because they can get cheap petrol in the north

i don't think it will affect he car demand.

[Kelpie]

Not likely to happen . The group that goes to JB or other parts of MY is the minority.

 

Regards,

[Watwheels]

But got choice of installing CNG mah. More like CNG powered cars demand will go up.

[Damienic]

The effect, if any, will be negligible. in the first place, we have the 3/4 tank rule..even in those times where MY din ban petrol to foreigners, pple going in there to pump is not going to save tat much..if there is no 3/4 tank rule, the effect maybe more keenly felt..

[Damienic]

anyway, unsubsidised petrol in MY will still be cheaper than our pump prices in singapore becos not only singapore govt does not subsidised fuel, they even put a tax on fuel..

[Albeniz]

No, it won't.

[Simpledom]

Not much effect

[Jl1500k]

The car demand drop only when petrol hit $3.50 per litre.

[Chrispie]

I agree.. demand of car in singapore is highly depend on

 

1. Our own petrol price

2. Number of ERP gantries erected

3. Number of ERP prices increase (another hike in July I think)

 

From any angle I look at it, all the above 3 can only go northwards in time to come. So, with the increasing inflation, and the lag in income increment, demand should drop. But nothing to do with JB. I guess with the ban in JB, the worst hit should be those petrol kiosks and makan places that are frequented by Singaporeans.

 

Lets just hope some influential datok that controls the petrol biz around jb area to kaopeh...

Edited May 28, 2008 by Chrispie

[Albeniz]

The car demand drop only when petrol hit $3.50 per litre.

 

Even at $3.50/L, car demand might not drop that drastically.

 

MRT/Bus fare will increase if fuel price increases. It may not be that cheap to take public transport when that day arrives.

 

More people will buy smaller cc cars (e.g. Getz 1.1M) or get CNG cars instead.

The craving for car will still be there at $3.50/L, but people will look for alternative fuels.

Edited May 28, 2008 by Albeniz

[Albeniz]

For me, if petrol price were to reach $3.50/L with more ERP erected at the same time, I will still own a vehicle.

 

My approach would be to shift my house close to my workplace. That will cut down on unnecessary ERP and fuel costs. My vehicle may not be a car, but something more practical like a diesel van such as the Fiat Doblo. Such vehicles are low on the tax and could act as

a cheap get-around for me. I could use the vehicle to run errands. A CNG version of Toyota Liteace would be suitable for me too.