KARTer 2nd Gear January 13, 2011 Share January 13, 2011 Allow existing holders of COEs to register new cars under same COE???? http://imcmsimages.mediacorp.sg/CMSFileser.../1301VOC016.pdf Letter from Fong Chee Wai IT IS clear that the supply of new Certificates of Entitlement (COEs) cannot satisfy current demand, despite the Government saying it will spread the reduction in COEs over three years ( ↡ Advertisement Link to post Share on other sites More sharing options...
Ysc3 Twincharged January 13, 2011 Share January 13, 2011 then how to price the car body ? eg current car : $100k current COE : $30k total otr : $130k 5 years later, depreciation with the above idea, old car : $50k old COE : $15k but when you buy a same new car after 5 years, how much are you going to pay for the car body ? will you be willing to pay $100k for a car body to be use for only 5 years ? or will there be any dealer willing to sell you a same new car for $50k ? Link to post Share on other sites More sharing options...
Latka 1st Gear January 14, 2011 Share January 14, 2011 This suggestion, gahmen won't get to make money. U think they wl want to see the logical reasoning of it? Link to post Share on other sites More sharing options...
Joseph22 Turbocharged January 14, 2011 Share January 14, 2011 This is a loss loss situation. Only benifit the rich. Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged January 14, 2011 Share January 14, 2011 knn.. COE thread again.. Link to post Share on other sites More sharing options...
Hosch Neutral Newbie January 14, 2011 Share January 14, 2011 Personally as an existing car owner I would really love to be allowed to switch cars while retaining the existing COE However, what about those with expired COE or new car owners? If everybody held on to the COE for 10 yrs, instead of the typical 3-5 yrs, there would be a lot less COE being released each yr. It is like balloting for season parking in a full carpark every 10 yrs instead of 1 yr. Unless someone made a mistake or came up with a solution to the above-mentioned problem, it is highly unlikely for this to happen :( Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged January 14, 2011 Share January 14, 2011 Yet another COE thread.... Just tag COE to indiviual will allow car owners to change car. Car prices will be after OMV taxations and depreciations are accordingly to market value. Link to post Share on other sites More sharing options...
Ahtiong79 Clutched January 14, 2011 Share January 14, 2011 yes, just depreciate the car value based on the taxes paid. so when buying used car, there is no COE component. Link to post Share on other sites More sharing options...
Jman888 Moderator January 14, 2011 Share January 14, 2011 knn.. COE thread again.. who was the one that brought up the same idea here Link to post Share on other sites More sharing options...
KARTer 2nd Gear January 14, 2011 Author Share January 14, 2011 knn.. COE thread again.. kkn, dont read lor Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged January 14, 2011 Share January 14, 2011 who was the one that brought up the same idea here dunno leh Link to post Share on other sites More sharing options...
Darthkk Clutched January 14, 2011 Share January 14, 2011 Like this you will make used car expensive as buying used car also need to bid for COE ah for First Time car buyer...? Past few years when COE is low no one suggest this... ↡ Advertisement Link to post Share on other sites More sharing options...
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