Opp Party propose a fairer COE system

[Sgnick]

Democrats propose a fairer COE system

Tuesday, 14 December 2010

 

The recent announcement that the Government intends to slow the growth of the car population in Singapore has resulted in a hefty jump in COE prices. The latest bid for cars in Category A (1600 cc and below) is $47,604 in December compared to $39,000 in November - a jump of 22%.

 

The existing system is highly unsatisfactory and in dire need of an overhaul for two fundamental reasons:

 

One, it pits those who are financially powerful against those who are not. The system does not take into consideration the fact that working folks may have as great a need for private transport as those who are in the high-income bracket.

 

For example, a couple who needs a car to run their small family business, ferry their children to and from school, and take care of their elderly parents would certainly have a greater need than another couple who already owns two cars but wants to buy a third for their teenage son. In such a set-up, a richer family would always out-bid a poorer family even though the poorer family may have a greater need for driving a car.

 

Two, it must be realised

[The_Bear]

That is why they are crap.

[Acemundo]

govt surely wont approve of it due to huge loss of revenue!

[Mockngbrd]

PQP how?

[Unfair]

My vote goes to them !

+1

 

Let the whole of SG know what we are paying so many vehicle taxes for and let them decide for themselves

[Sgnick]

PQP how?

 

COE is fixed at $1K, so i guess PQP is also fixed at $1K?

[Sgnick]

That is why they are crap.

 

Whatever proposal sure got it's cons and bad points, but what u feel about the 3 points right at the end, the so called advantages for motorists?

[Galantspeedz]

1. Introduce separate categories for COE bidding.

 

Category I: This category comprises 75 percent of available COEs to be issued via a balloting system. The ballot will be conducted in two phases where, in Phase 1, priority is given to applicants who have small businesses to run, families with young children and/or elderly parents, persons who depend on private transport for their work such as sales agents, and first-time car owners.

 

Phase 2 will be balloted for all other applicants under Category I. Included in this category are also COEs for electric cars.

 

Successful bidders will pay a flat COE amount of $1,000. The COEs will not be transferable for two years to prevent speculation and their resale for profit.

 

 

My opinion: TOTAL RUBBISH!!

 

1) everyone can just register a business

2) almost everyone has a elderly or a child

3) like that everyone be sales man liao - all go register part time insurance or property agent

4) why first time car owners should have priority? especially if their family already has 1 or 2 cars

5) 2yr tie-in period. business fail how? still must drive car or goods van? but no business cannot drive

6) Total loss, car stolen or lemon car how? still must tie in 2 yrs?

7) 2yrs later can sell for profit? like that alot dealers may hog cars

[Donghai]

one thing to ponder over when talking about ownership/usage.

why penalise usage after allowing ownership?

u mean we r nt suppose to use something which we own?

then in the first place we own for what?

the article talks about the need to own cars for average families as it is for the family's use as compared to more well-off families buying 3rd cars for their children. dont the average family need to use the car even more? so we charge them more for usage?

 

i'm nt taking sides on either party becoz this was first mentioned by the ruling party anyway. LoL~

[Kangadrool]

If the table is turned around and opp party is now the ruler, don't think they will forgo such a lucrative "business". This is the multi-pronged approach to control car population and congestion.

 

Until GPS ERP is in place, don't think there will be a drastic change in the COE system. Can only expect more quota cut year by year.

 

Why didn't opp party push for better public transport similar to HKG? If it takes an average 45 mins to go from West to East on multi-modal (Bus-MRT-Walk), including waiting time, most will give up driving during workdays.

[The_Bear]

Whatever proposal sure got it's cons and bad points, but what u feel about the 3 points right at the end, the so called advantages for motorists?

 

This is blatant populism. Looks good on the surface but creates whole set of other problems, a few listed by Galantspeed above, without resolving the fundamental issue. I am not even going to comment on their so-called advantages. If the ruling party treats us like children, SDP is treating us like idiots.

Edited December 17, 2010 by Bavarian

[Sgnick]

If the ruling party treats us like children, SDP is treating us like idiots.

 

 

[laugh]

[Cran]

Their COE proposal result in alot of ppl hoarding the COE and then selling them for a profit.

 

It is the same principle as buying a ballot flat from HDB at a subsidised rate and then sell at the resale market for a tidy profit.

[Unfair]

I feel they can put somemore points in it.

 

Higher levy for foreigners and PRs to buy cars.

Give priority to bigger familes. Focus more on those with children <21 yrs old.

Can also promote SG birthrate

[The_Bear]

I feel they can put somemore points in it.

 

Higher levy for foreigners and PRs to buy cars.

Give priority to bigger familes. Focus more on those with children <21 yrs old.

Can also promote SG birthrate

 

Yah and next thing we have colored people sitting zones.

[Unfair]

Their COE proposal result in alot of ppl hoarding the COE and then selling them for a profit.

 

It is the same principle as buying a ballot flat from HDB at a subsidised rate and then sell at the resale market for a tidy profit.

 

They should really seperate the COE from the Car. Thats the stupid part of COE.

 

The rich can use up COEs to change car every 1-2 yrs, resulting in these used cars floating in the market.

Whereas the pple who wanna get a new car for 10 yrs has to go try outbidding them.

 

To solve this, make COEs non transferable, tagged to person.

If you wanna change a car, just buy a new car and use back old COE.

If you want to stop driving, just lapse your COE after not driving for 2yrs or more.

 

 

[Donghai]

LOL!

u r right... so much for equality when things are already so unequal.

 

ps: i wanted to quote bavarian but dunno why it didnt come out.

Edited December 17, 2010 by Donghai

[Unfair]

Yah and next thing we have colored people sitting zones.

 

Erm, there are already levies and different taxes to deter the employment of foreigners no ?