Gnahp Turbocharged February 28, 2017 Share February 28, 2017 But now the proportion of those renewing COE has risen.You are right ↡ Advertisement Link to post Share on other sites More sharing options...
Nhyone 4th Gear February 28, 2017 Share February 28, 2017 Far from 90%. In 2011, 75.6% of the bikes are 200cc and below. Today it is 68.7%. Why do I bring up the renewed COE? Cat D COE quota has been dropping. LTA has stopped the 10% transfer of de-reg cat D to open cat, but the other big "loss of new COE" is due to COE renewal. Creating two COE categories is a possible solution, but I think that is even more clunky. Witness cat A and cat B. Tiered ARF works well here, IMO. If we assume 200cc bikes have $5k OMV, then 70% are not affected! Tiered ARF is already used for cars, but there has been no study whether it has an impact on high-end cars or not. What I'm saying is that LTA is trying to make more COEs available to the cheaper bikes while keeping the same COE quota. They may or may not succeed -- it depends how much the big bike riders are willing to pay. Link to post Share on other sites More sharing options...
Nolicense Turbocharged February 28, 2017 Share February 28, 2017 Far from 90%. In 2011, 75.6% of the bikes are 200cc and below. Today it is 68.7%. Why do I bring up the renewed COE? Cat D COE quota has been dropping. LTA has stopped the 10% transfer of de-reg cat D to open cat, but the other big "loss of new COE" is due to COE renewal. Creating two COE categories is a possible solution, but I think that is even more clunky. Witness cat A and cat B. Tiered ARF works well here, IMO. If we assume 200cc bikes have $5k OMV, then 70% are not affected! Tiered ARF is already used for cars, but there has been no study whether it has an impact on high-end cars or not. What I'm saying is that LTA is trying to make more COEs available to the cheaper bikes while keeping the same COE quota. They may or may not succeed -- it depends how much the big bike riders are willing to pay. https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/MVP01-7_MC_by_cc.pdf 2016 200cc and below = 97,924 (68.7%) 201cc and above = 44,515 total = 142,439 must have looked at wrong data or memory bad. since 2006 10k of bikes went from 200cc to above 500cc 200cc and below quite stable. 500cc and above doubled. I wonder how this 10k bikes have made LTA come to this idea. Link to post Share on other sites More sharing options...
grandis123 4th Gear March 1, 2017 Share March 1, 2017 Far from 90%. In 2011, 75.6% of the bikes are 200cc and below. Today it is 68.7%. Why do I bring up the renewed COE? Cat D COE quota has been dropping. LTA has stopped the 10% transfer of de-reg cat D to open cat, but the other big "loss of new COE" is due to COE renewal. Creating two COE categories is a possible solution, but I think that is even more clunky. Witness cat A and cat B. Tiered ARF works well here, IMO. If we assume 200cc bikes have $5k OMV, then 70% are not affected! Tiered ARF is already used for cars, but there has been no study whether it has an impact on high-end cars or not. What I'm saying is that LTA is trying to make more COEs available to the cheaper bikes while keeping the same COE quota. They may or may not succeed -- it depends how much the big bike riders are willing to pay. Actually I support tiered ARF because the rich bikers has no issues owning a few expensive bikes and they may only ride the bike once a month. This also take up parking space plus also deprive the needy of owning a smaller bike because of the limited COE. So indrectly, if you want more expensive bikes than you actually need, pay more ARF. In fact many years ago when i was into biking, most of my friend owns 2 bikes. One lousier bike for daily use and another solid bike for touring and ocassional coffee drinking session. Not sure about now. I myself owns 2 coe exended bikes but will mostly likely not renew once it is up. Getting old liao lar. Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 1, 2017 Share March 1, 2017 You think only rich people buy expensive bikes? Ever heard of loans? Take up parking space? Public Parking space is also payable like everything else, isnt it? This I tell you, many not so rich people also buy expensive bikes. Why? Becos at least it is still within reach and it puts a smile on their faces when they push the start button and hop on the seat. Simple things in life, dont squeeze people dead. Singapore already so small and tight. As Mr Tay Kheng Soon has said it, its a punishment and it sows hatred. Dont take the little joy away from an increasingly joyless life. Damn this bike ARF thing. And for the records, i am in the bracket that can afford $100k bikes in full cash. Dont sow hatred, i echo. 1 Link to post Share on other sites More sharing options...
Gnahp Turbocharged March 1, 2017 Share March 1, 2017 You think only rich people buy expensive bikes? Ever heard of loans? Take up parking space? Public Parking space is also payable like everything else, isnt it? This I tell you, many not so rich people also buy expensive bikes. Why? Becos at least it is still within reach and it puts a smile on their faces when they push the start button and hop on the seat. Simple things in life, dont squeeze people dead. Singapore already so small and tight. As Mr Tay Kheng Soon has said it, its a punishment and it sows hatred. Dont take the little joy away from an increasingly joyless life. Damn this bike ARF thing. And for the records, i am in the bracket that can afford $100k bikes in full cash. Dont sow hatred, i echo. your $100k bike was $70k only last week now must say $150k then satki Link to post Share on other sites More sharing options...
BanCoe Hypersonic March 1, 2017 Share March 1, 2017 Why govt bother with this type of high end/ low volume stuff when they can get 30% hike from water Ooooooiiiiii !!!!! Choy!!!!Tobacco tax already increased many times over the years.I think they should increase liquor taxes to reduce drink driving cases.Heeeeheeeee 1 Link to post Share on other sites More sharing options...
grandis123 4th Gear March 1, 2017 Share March 1, 2017 What I meant was the rich can buy many expensive bikes but there is not enough COEs to go around. As for parking, I saw one condo owner park his many bikes on a car lot. In any policies, some will be happy while some will be cursing. The one who will be happy will be most likely be the one that needs a bike for daily transporation and hoping with this new setup, the coe will drop. I agree on what you say, dont deprive others from the simple pleasure.. but I think hard to balance lar... hard to make everyone happy. Link to post Share on other sites More sharing options...
Kangadrool Supersonic March 1, 2017 Share March 1, 2017 agree totally. It's not like they will get a lot more revenue as the bike population is already so small. It will only agitate the lower and mid incomers. For entry level bikes, most are craps. So, they should at least gibe chan for people to upgrade to better bikes without penalty. Any bike more than 1000cc, they can classify as luxury bike and tax more we don't really care. Why govt bother with this type of high end/ low volume stuff when they can get 30% hike from water 1 Link to post Share on other sites More sharing options...
BanCoe Hypersonic March 1, 2017 Share March 1, 2017 Matter of time they will start a sub cat for bikes below 200/250cc and those above it Many of the smaller 125cc bikes n below are all for those delivery boys use also they are not able to afford them Everyone is getting screwed nowadays agree totally. It's not like they will get a lot more revenue as the bike population is already so small. It will only agitate the lower and mid incomers. For entry level bikes, most are craps. So, they should at least gibe chan for people to upgrade to better bikes without penalty. Any bike more than 1000cc, they can classify as luxury bike and tax more we don't really care. Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 1, 2017 Share March 1, 2017 (edited) What I meant was the rich can buy many expensive bikes but there is not enough COEs to go around. As for parking, I saw one condo owner park his many bikes on a car lot. In any policies, some will be happy while some will be cursing. The one who will be happy will be most likely be the one that needs a bike for daily transporation and hoping with this new setup, the coe will drop. I agree on what you say, dont deprive others from the simple pleasure.. but I think hard to balance lar... hard to make everyone happy. COEs is controlled right from the start.And the system is flawed, thats why we hv farking $6k bike coe. The reason why COEs wont drop? Becos it is bidded by bike shops. No COE no sale, so the bike shops will simply bid. They dont care. Things will only change if bidding is done purely by end user. Condo parking? That is condo parking. Ample parking space in condo. I have two cars and two bikes so i park lah. I pay for it right? Private property, no impact and no relevance to this, brother. Who really is deprived of private parking? In some policies some happy some are not. Agreed. I am the least affected actually but i am angry. Becos its about Singapore, its about your life and mine. If our leaders dont get it right, we are all farked. Principles, that is I dont care about making everyone happy. I care more about doing it right. Edited March 1, 2017 by Throttle2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 1, 2017 Share March 1, 2017 your $100k bike was $70k only last week now must say $150k then satki Bro, i dont hv a $100k bike as it is, and dont yearn for one either. I do have a few hundred thousand dollars worth of Rolexes though. Want to buy? Please?? Help? Link to post Share on other sites More sharing options...
Gnahp Turbocharged March 1, 2017 Share March 1, 2017 Bro, i dont hv a $100k bike as it is, and dont yearn for one either. I do have a few hundred thousand dollars worth of Rolexes though. Want to buy? Please?? Help? ð You know, I am just furious with this crap. I was just pulling your leg I ride again in 2005 because I realised the price of a watch can buy a very nice bike then. So I put the watch thingy on hold and ride while I still able. Now the price of a nice bike can buy many nice watches but you know I am not into Rolex... haha Link to post Share on other sites More sharing options...
Myxilplix Turbocharged March 1, 2017 Share March 1, 2017 There are many spectrums of "big bike" owners lah, or even medium capacity bikes. "Rich" people who can easily pay cash for high end bikes and those that own two, three or more big bikes are few and far between and make up a very small minority. Biking is not a popular hobby amongst "rich" people. The majority of the medium to large capacity bikes you see out there are bought by everyday people who take out loans for them. Alot of them serve as their only form of daily transport and are not just playthings taken out on the weekends. Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 1, 2017 Share March 1, 2017 I was just pulling your leg I ride again in 2005 because I realised the price of a watch can buy a very nice bike then. So I put the watch thingy on hold and ride while I still able. Now the price of a nice bike can buy many nice watches but you know I am not into Rolex... haha How much is a Ducati Panigale899 now? There are many spectrums of "big bike" owners lah, or even medium capacity bikes. "Rich" people who can easily pay cash for high end bikes and those that own two, three or more big bikes are few and far between and make up a very small minority. Biking is not a popular hobby amongst "rich" people. The majority of the medium to large capacity bikes you see out there are bought by everyday people who take out loans for them. Alot of them serve as their only form of daily transport and are not just playthings taken out on the weekends. Exactly and its this majority group that will face the heat. For no damn reason. Improve CoE situation? Allow the "poor" to buy a bike as transport? Who are they kidding? These scholars think Singapore is some rural third world state? Link to post Share on other sites More sharing options...
Tcx607 4th Gear March 1, 2017 Share March 1, 2017 IMO, the GOV is using the taxation method on public for the motorcycle. They really robbed us on the freedom of owning a motorcycle. They dare not said bike contribute to jam. However, they use reason of many years that the taxation of motorcycle has not change. Basically, the GOV want to collect more tax. Next, public transport will collect higher fare soon once the economy improves Link to post Share on other sites More sharing options...
Gnahp Turbocharged March 1, 2017 Share March 1, 2017 these are the new prices after tiered ARF Link to post Share on other sites More sharing options...
KiaCeratoHB 2nd Gear March 1, 2017 Share March 1, 2017 So this tiered ARF is suppose to bring down bike COE level to make it more affordable for class 2b bikes? But the latest COE shot up to near record high instead. How come ah? ↡ Advertisement Link to post Share on other sites More sharing options...
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