jcchia 3rd Gear February 28, 2016 Share February 28, 2016 Gov't make so much $$$ from Import taxes,COE,GST,Petrol Duties,Road Tax & ERP...need we say more.?No wonder alot of foreigners praising Singapore very good place. They import in their families over, eat good foods, stay in condo n drive new cars ...... ↡ Advertisement Link to post Share on other sites More sharing options...
Vratenza Supersonic January 3, 2017 Share January 3, 2017 Beginning of the end coming.... http://www.straitstimes.com/singapore/transport/vehicle-carbon-emissions-scheme-under-review?xtor=CS3-17 1 Link to post Share on other sites More sharing options...
Hamburger Hypersonic January 3, 2017 Share January 3, 2017 pattern ai chu lai liao.... Link to post Share on other sites More sharing options...
t0y0ta Supercharged January 4, 2017 Share January 4, 2017 Beginning of the end coming.... http://www.straitstimes.com/singapore/transport/vehicle-carbon-emissions-scheme-under-review?xtor=CS3-17 Probably big reduction in cevs rebates for diesels cars and also maybe higher diesel road tax. Justify by pointing to europe and vw emissions scandal. Just nice to up their road tax revenue for next years. 1 Link to post Share on other sites More sharing options...
Friendstar Supercharged January 4, 2017 Share January 4, 2017 Ya I read this and immediately I reckon it's aimed at diesel cars. Good luck to DS sales. Good luck to kia. The only car they can sell will be the k3. Carens and sorento won't move. Link to post Share on other sites More sharing options...
therock Supersonic January 4, 2017 Share January 4, 2017 So is it better to quickly grab a diesel car now? Or wait since a lower CEVS means you actually get more at the end? Initially car prices may go up but say the 116d goes up beyond their petrol competitors like the A3 then they may be forced to cut their margins or introduce a 1.0 turbo too... Link to post Share on other sites More sharing options...
flashbang Turbocharged January 4, 2017 Share January 4, 2017 So is it better to quickly grab a diesel car now? Or wait since a lower CEVS means you actually get more at the end? Initially car prices may go up but say the 116d goes up beyond their petrol competitors like the A3 then they may be forced to cut their margins or introduce a 1.0 turbo too... It may be both CEVS and road tax affected. Jumping into diesel now is a bad idea... 1 Link to post Share on other sites More sharing options...
Theoldjaffa Hypersonic January 4, 2017 Share January 4, 2017 Beginning of the end coming.... http://www.straitstimes.com/singapore/transport/vehicle-carbon-emissions-scheme-under-review?xtor=CS3-17 Shows the gahmen is not far sighted enough. Do they not know about Nox and other pollutants before implementing the CEVS previously? Or Nox wasn't that much of a concern previously? Tsk tsk 2 Link to post Share on other sites More sharing options...
Carbon82 Moderator January 4, 2017 Share January 4, 2017 (edited) I have already mentioned (in the COE thread) CEVS review as one of the wild card that have an impact on COE movement, and just by looking at the few posts above, I guess history will repeat itself. ADs will get their SE to tell potential buyers that if CEVS is cut, the price would be up by $10 - $15K, and some will just rush in to get the "best" deal, thereby causing COE premium to surge... And if you think it will just affect smaller cc or diesel car, you are wrong. It shall also affect cars with higher CO2 emission as well (maybe from 160g/km onward), as these cars will soon be slapped with CEVS surcharges of up to $30K (or maybe more?) once LTA revised the criteria for Neutral Band. Edited January 4, 2017 by Carbon82 10 Link to post Share on other sites More sharing options...
Theoldjaffa Hypersonic January 4, 2017 Share January 4, 2017 So is it better to quickly grab a diesel car now? Or wait since a lower CEVS means you actually get more at the end? Initially car prices may go up but say the 116d goes up beyond their petrol competitors like the A3 then they may be forced to cut their margins or introduce a 1.0 turbo too... The article implies diesel cars will be taxed more via CEVS. Raising diesel prices is unlikely to be a big jump as it will affect teksi companies and commercial businesses 1 Link to post Share on other sites More sharing options...
Fuelsaver Supercharged January 4, 2017 Share January 4, 2017 Since it's making requirement more stringent, should have better parf value. But also higher selling price. Those getting diesel either to get sooner or don't buy first / anymore. Link to post Share on other sites More sharing options...
Vratenza Supersonic January 4, 2017 Share January 4, 2017 Cannot praise you yet but I do agree with your analysis. Just when the COE shows signs of softening... "something" has to happen to give it a push back to 50-60k territory. I have already mentioned (in the COE thread) CEVS review as one of the wild card for affecting COE premium movement, and just by looking at the few posts above, I guess history will repeat itself. AD will tell potential buyers that if CEVS is cut, the price would be up by $10 - $15K, and some will just rush in to get the "best" deal, thereby causing COE premium to surge... And if you think it will just affect smaller cc or diesel car, you are wrong. It shall also affect cars with higher CO2 emission as well (maybe from 160g/km onward), as these cars will soon be slapped with CEVS surcharges of up to $30K (or maybe more?) once LTA revised the criteria for Neutral Band. 2 Link to post Share on other sites More sharing options...
Vratenza Supersonic January 4, 2017 Share January 4, 2017 (edited) The parf value increase will be insignificant after the ADs have their cut. Even now... For those cars with CEVS rebate... Car buyers seldom see the actual rebate dollar for dollar. When those cars with CEVS penalty are sold, I can guarantee plus chop that the ADs don't absorb it for you. Since it's making requirement more stringent, should have better parf value. But also higher selling price. Those getting diesel either to get sooner or don't buy first / anymore. Edited January 4, 2017 by Vratenza 1 Link to post Share on other sites More sharing options...
therock Supersonic January 4, 2017 Share January 4, 2017 I think the dealers will be flexible...if the sales aren't good, they will drop their prices, CEVS rebate or not.. See the prices of many big marque cars - they remain quite stable, in good and bad times.. Link to post Share on other sites More sharing options...
Mustank Hypersonic January 4, 2017 Share January 4, 2017 Link to post Share on other sites More sharing options...
Mkl22 Supersonic January 4, 2017 Share January 4, 2017 So is it better to quickly grab a diesel car now? Or wait since a lower CEVS means you actually get more at the end? Initially car prices may go up but say the 116d goes up beyond their petrol competitors like the A3 then they may be forced to cut their margins or introduce a 1.0 turbo too... Grab and be prepared to Kenna from special tax. Dun say we never warn ah! 3 Link to post Share on other sites More sharing options...
Jusnel 6th Gear January 4, 2017 Share January 4, 2017 Cannot praise you yet but I do agree with your analysis. Just when the COE shows signs of softening... "something" has to happen to give it a push back to 50-60k territory. Well, I have to say that our garment is addicted to high revenue from COE and other car taxes for decades. Just like how our companies are addicted to cheap FT labour. They cannot afford to lose this big chunk of money. Like a drug addict, they will go into withdrawal symptoms if they don't get the money They will do anything and everything to keep COE and car taxes high...... 3 Link to post Share on other sites More sharing options...
jcchia 3rd Gear January 4, 2017 Share January 4, 2017 No wonder alot of foreigners praising Singapore very good place. They import in their families over, eat good foods, stay in condo n drive new cars ......The only they lost out is that they dun know how to kpkb n complain ..... ↡ Advertisement Link to post Share on other sites More sharing options...
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