VES 2018

[QQ2017]

That's why we need the info..

Then we can make the right buying decisions.

I am keen to know the new figures.

The QQ is a Brit car, so they have reacted quickly with a Euro 6 engine..

 

 

Attached are the Tan Chong price lists for 5-Oct and 20-Oct.  From the price list, one can deduce that:

 

1.  QQ 1.2T under the current CEV is enjoying a rebate of $5k (5-Oct price)

 

2.  QQ 1.2T under the new VES will be rated as NEUTRAL (23-Oct price).  For this reason, it is mentioned in the price list that QQ will enjoy an additional $5k discount if the car is registered and delivered within 2017.

 

In a separate page of the price list (not attached here), the QQ 2.0L is currently NEUTRAL under CEV but will be slapped with a $10k surcharge comes 2018.

 

Hope this helps with your decision making....

[DACH]

10 out of a 1000000000 people welcome the change our "neutral" media still stating a fact mah. Not wrong haha.

 

Now I think their next step is to implement to public buses. Then can find excuse to charge higher public transport fees then. 

Even if they implement, they won't disclose to the public. 

 

Does the public even know the OMV for each model of the public buses?

[Apple-Tree]

UK LTA, very good info on vehicle emission, noise, fuel cost per year.  

 

Use the CO2 figure, do a similar triangle to scale back to our local version.  For example Kia Carens CO2 UK is 127g/km because of ISG (Kia Idle-Stop-Go) feature compare with local version 135g/km.  135/127=1.0629 correction factor

 

Multiple correction fact to the rest of the emission.  Use VES table,  the worst emitter will determine the VES surcharge.  

 

For Kia Carens NOx is +$20K but with some ECU adjustment on CVVT, perhaps can go back to Neutral band.. So 5K more expensive...

 

 

http://carfueldata.direct.gov.uk/

 

http://carfueldata.direct.gov.uk/search-new-or-used-cars.aspx?vid=532364

 

http://carfueldata.direct.gov.uk/search-new-or-used-cars.aspx?vid=528240

 

PS: Notice their Road Tax.......

 

[Wt_know]

what’s wrong to collect more

repeat 1000x

Edited October 25, 2017 by Wt_know

[iphone8]

They do not understand on car...

 

OHH!! Also, the re-classification of Cat A and Cat B category when continental makes below 1.6L eats into Cat A, so they capped and below 1.6L and below 130 BHP!!!

Jin clever!! And then the ADs relay information to do magic and ship in at 129BHP, and then sell with Cat A COE and then "sir, u bought the car cheap with Cat A COE" this car is now 129 BHP de tune due to local regulations to help u save $$$$$.

Then AD says...But, there is potential to unleash another 50BHP up to 179BHP, still pay Cat A coe and 1.6L road tax. Give your car the full potential!! U will enjoy + so much savings!!! Hahaha...all these for extra $xxx...blip of the ECU.

And AD makes $$$$$ again!! LOL

Else, 3rd party workshop!!

Jin clever la...Sibeh prowess man!!

LTA scholars.....god

 

[Wt_know]

y96, no need long post ... 1 simple statement can liao

Edited October 25, 2017 by Wt_know

[xinz]

recently heard from BM SE that come next year, when the new CEVs kick in, car prices will go up by up to 20k. COE may reduce a bit, but overall car prices will still be higher than now. so best time to buy car is now, before Dec 17.

 

sales tactic?

No SE would tell you don't buy now, come back 1 yr later right?

[kdash]

No SE would tell you don't buy now, come back 1 yr later right?

 

haha ya lor... must be sales tactic. but now with the VES and 0% car growth... this SE may be right... 

[xinz]

haha ya lor... must be sales tactic. but now with the VES and 0% car growth... this SE may be right...

True. VES is just pure tax. Should just call it VET, Vehicle Emission Tax. Can avoid better avoid. Edited October 26, 2017 by xinz

[Terrylmt]

haha ya lor... must be sales tactic. but now with the VES and 0% car growth... this SE may be right... 

 

I am pretty sure he didn't mean to be at first.

 

But now that he is, I would daresay that he may now be sweating under his brow and maybe hunting for jobs already. The future is now even more uncertain for the car sales industry moving into 2018, and he has no assurance of a market to peddle his wares very soon.

 

In fact, boutique marques like Mini, Skoda, Maserati, etc. could be in for their worst FY in 2018 - provided no other "scheme" changes come along.

 

Just my humble tuppence

Edited October 26, 2017 by Terrylmt

[kdash]

I am pretty sure he didn't mean to be at first.

 

But now that he is, I would daresay that he may now be sweating under his brow and maybe hunting for jobs already. The future is now even more uncertain for the car sales industry moving into 2018, and he has no assurance of a market to peddle his wares very soon.

 

In fact, boutique marques like Mini, Skoda, Maserati, etc. could be in for their worst FY in 2018 - provided no other "scheme" changes come along.

 

Just my humble tuppence

 

no need to worry about this SE as he's from BM. then again they already had a round of retrenchments by the parent company Inchcape sometime end of last year. 

 

http://www.straitstimes.com/singapore/car-distribution-giant-to-lay-off-120-workers

 

as for the boutique car makes, they cater to a specific target market group which may not be so affected by the new measures. 

[Terrylmt]

no need to worry about this SE as he's from BM. then again they already had a round of retrenchments by the parent company Inchcape sometime end of last year. 

 

http://www.straitstimes.com/singapore/car-distribution-giant-to-lay-off-120-workers

 

as for the boutique car makes, they cater to a specific target market group which may not be so affected by the new measures. 

 

Regardless of the marque, I guess there will be a general impact. Short-term view, just the automotive industry. Long-term view, which I hope they will address soon, is the rate of unemployment, higher intake of taxi, Grab & Uber drivers, and subsequently more and more crowds at job fairs and skillsfuture re-training workshops.

 

[GerryChua]

Morale of the story is...1stly raise ARF taxes in 2013, impose 50% down payment. When people can't afford to purchase cars, they relax loam quantum 60% / 70%. Den revenue not enough again, replace CEVS with VEVS, so AD dealers counter with plan to "compensate" additional VEVS but "adjusting" and limiting COE quantum. Just bid corresponding additional VES tax lesser in COE. If whole market does the same, it surely be adjusted. Who does not want to sell cars ?? CAT A for sure is very competitive, it is value for money that people buy. The threshold of bread and butter cars are "about there" and has stabilize till recent euro 6 coupled with VES in Jan 2018

AD need to sell and move cars, and not likely to erode their margins, so basically "an eye for an eye" VES vs COE..off set to remain equilibrium ??

 

And now, revenue no enough again?!?! LTA cuts vehicle growth!! Hahahahaha

 

HaiYo, when want to end?? Why keep squeeze Singaporeans to pay and pay and pay more ??

 

Even Suger cane, once reaches the limit also no JUICE already!!!!

 

LOLLLLLLL

You never see the sugar cane uncle dip the sugar cane back to the juice and grind it through a few more times :-)

[kdash]

Regardless of the marque, I guess there will be a general impact. Short-term view, just the automotive industry. Long-term view, which I hope they will address soon, is the rate of unemployment, higher intake of taxi, Grab & Uber drivers, and subsequently more and more crowds at job fairs and skillsfuture re-training workshops.

 

 

agreed on the high unemployment rate currently, but many other factors involved. auto industry in SG is just a very small portion. 

 

https://tradingeconomics.com/singapore/unemployment-rate

[kdash]

Car industry is cash cow for g@vt!! Free $$ and a lot of $$, just multiply coe x quota every month...massive la, laugh to the bank, den add GST, OMV, taxes, ARF, VEVS, registration fee, road tax blah blah

 

So, in short, they won't let car industry die, if AD don't sell, AD die, g@vt also less $$$

 

They want an optimum revenue, a coe level and car price level that people will buy and spend $$.

 

A - 1 piece of COE $100k

B - 2 piece of coe $50k ( 50x2 =$100k )

 

Their choice is A for short term revenue, long term, B makes more revenue...it's their call!,

haha agreed. auto industry in SG will never die la, just like cigarettes, alcohol, gambling. all are $$$ sources to garment.

 

i'm just saying that the garment probably would not focus too much on the potential unemployment situation specifically for auto industry. small manpower pool, and garment will point to the measures already in place, eg. skills future.

[JQ01]

Mazda 2 sedan latest price list in sgcarmart.

 

2017 CEVS: -$5000

2018 VES: -$10000

 

Not all are affected by the new VES yet.

[Tkseah]

Mazda 2 sedan latest price list in sgcarmart.

 

2017 CEVS: -$5000

2018 VES: -$10000

 

Not all are affected by the new VES yet.

So mazda 2 cheaper in 2018.. Buyers shd hold for 2018 units..

[JQ01]

If we see carefully, just based on CO2, if the car is rated between 121-125g/km, assuming other pollutants are good as well, the rebate is actually higher for VES like Mazda2