LTA to study why COE plummets

[Speddevil]

hope that they will not implement any policy at our expenses

[Altivo]

of cos must study lah... they didnt make money out of this round of bidding

[Silver_blade]

I'm sure they will find excuses not to allow that to happen. If less cars on the road...they might allow contractor to do road work in the day (to create job and keep their cost low)..

[Quantum]

if they don't implement some policy to suck our pocket, it's not sillypore govt liao[lipsrsealed]

[W4nt3d]

I think the Gahmen want to test if the market is really bad???

 

Low COE is the bait ...

[Speddevil]

[Speddevil]

ya waste of our roadtax $..

[Mustank]

property sales lousy, they stop land sales

 

car sales lousy, they can lower coe supply

 

if they do so, current drivers will face less jam

 

 

unlike coe which is effective dd (demand which is back up by cash or approved loans) and ss, erp appears to be less affected

[Guest Julio369]

why they never "study" when last time COE shoots up high high ?????

[Roh96]

Study why they earn so much from COE in 96-98.

[Speddevil]

Study what is the rationale of coe will be most appropriate

[Leclair]

LTA must definitely do a thorough study.

 

Simple maths : 18 mil X (lets just put in 10 biddings) 10 = 180 mil a year

 

Do you think Spore Gov who will get (or lose ) the money will let this happen? again?

 

They will try to remove even any remote chance of that happening.

 

Someone from the top must be jumping : " We just lost 18 millions! Now the Big Boss will call me in !"

[Marquee]

Precisely.

 

Shd go and study how to bring the economy up.

[Nine_eleven]

study wat F?

 

nobody want to buy car lah, simple.

 

LTA nothing to do now coz of recession issit? create backroom work for eng eng employees...

[Nutty]

Realised that whenever they do some "studies", the end result is money?

 

Either increase this or increase that.

[Altum]

The whole idea behind COE is touted as control vehicle

population. So as long as the COEs are limited to those

available, there is nothing wrong with it is its $1 or

$100k, since its purely demand and supply.

 

Whats there to study. We never see them studying anything

when the COE is sky high.

 

Unless the whole idea is to make money, then there is

something wrong

[Albeniz]

There is no point doing such a study.

 

It's plain simple. Economy bad -> people get retrenched -> no money to buy car-> demand for car drop -> COE crashed.

 

That's it.

[Leepee]

Assuming that COE stays around $5k levels for CatA & B, does this mean its good time to get a small weekend car, those with OMV around $10k++?

 

The $17k OPC discount would have more or less negated off the taxes & COE that car buyers will be paying to the government.

It would mean that we can finally get to buy a car in Singapore at its ACTUAL price/worth like the rest of the world!

 

Only thing is the 7pm-7am restriction...but then for those intending to get a second fun car(like me)...this would not be a big issue. Not forgetting the reduced road tax and insurance for weekends cars are also lower.

 

Ok now....can anyone/PI suggest me a nice/cute/fun small car? Anyone knows which PI got cute unique models?

Maybe a Lapin or Copen or Cube or even FIT?