Jump to content
Lotr

Cab companies could be allowed to bid for COEs

Recommended Posts

If not for my job that needs a car, I prefer a mix of PHV, bus and MRT. It will be way cheaper and hassle free.

↡ Advertisement

Share this post


Link to post
Share on other sites

Im almost done with the Singapore car dream. Lately i tried car renting by the hour. Not flexible in the sense that most of the time you cannot extend past your contracted hours...but may have to settle for these if coe price goes back to 90K ð

Worry our jobs first. High economy growth is history.

if big enough number of ppl kpkb, the govt. might backtrack.

I remember when Uber was bidding aggressively for the coes when they were expanding their fleets a few yrs back, the coe price were crazy, even the second hand car price also went up accordingly.

So the negative impact on car buyer like us are quite pronounced.

Worry our jobs first.
  • Praise 1
  • Dislike 1

Share this post


Link to post
Share on other sites

How is the quota for taxis currently determined? I only saw in the article that their premiums are based on PQP.

 

Iirc, it is one to one replacement.  I might be wrong though.  But if I am right, that means taxi coys cannot increase their fleet size while PHVs can.

if big enough number of ppl kpkb, the govt. might backtrack.

I remember when Uber was bidding aggressively for the coes when they were expanding their fleets a few yrs back, the coe price were crazy, even the second hand car price also went up accordingly.

So the negative impact on car buyer like us are quite pronounced.

 

Where to sign up to kpkb such that govt. might backtrack?  Can go MPS to kpkb?

Share this post


Link to post
Share on other sites

Start to miss Liew tuck yew.. Its in his term as transport minister that see the change to separate taxi from coe bidding. He seems to listen to ground concern. Now like going to u turn back.. Haiz..

Share this post


Link to post
Share on other sites

Why am I not surprise with this piece of news?

 

https://www.mycarforum.com/topic/2714322-coe-bidding-2nd-round-of-february-2019/page-3?do=findComment&comment=6627878

 

There are so many wild card on their hand...

Wow you are a pro.. Like that you can also sort of guessed it..

↡ Advertisement

Share this post


Link to post
Share on other sites

so Coe going north soon [shakehead]

Worry our jobs first. Look at the trade War....

Share this post


Link to post
Share on other sites

Worry our jobs first. Look at the trade War....

Why do you worry about things that you cannot control? You’re just stressing yourself unnecessarily. However, you can always change your lifestyle & mindset to adapt to whatever situation you are in.

Share this post


Link to post
Share on other sites

Ding ding ding!!! Now u know, gahmen don't want ordinary folk have car. They want ordinary folk to be fashionably car lite and ride escooter.

This is not true. Garmen wants them to buy cars, but not at cheap prices. They want them to pay expensive COE, ARF Road Tax, Petrol Dutiesnyo support the high celery.

 

If really car lite and all stop buying, the coffees will probably have at least 10 Bn shortfall.

Share this post


Link to post
Share on other sites
Posted (edited)

Why do you worry about things that you cannot control? Youâre just stressing yourself unnecessarily. However, you can always change your lifestyle & mindset to adapt to whatever situation you are in.

Why worry about COE? Better worry your jobs. Bills to pay. Edited by Twich

Share this post


Link to post
Share on other sites

I don’t think MCF bros will load themselves up eyeball in debt just to chase COE. If really cannot afford just wait out or take public transport.

We are just here kpkb about govt policies enriching themselves and not sparing a thought for the little guy who just want to buy a car.

  • Praise 1

Share this post


Link to post
Share on other sites

This is not true. Garmen wants them to buy cars, but not at cheap prices. They want them to pay expensive COE, ARF Road Tax, Petrol Dutiesnyo support the high celery.

 

If really car lite and all stop buying, the coffees will probably have at least 10 Bn shortfall.

Hence not for ordinary folk

Share this post


Link to post
Share on other sites

Stop complaining you people. 70% of sinkies loves super high COE prices 

 

You guys prob not part of the 70%

  • Praise 1

Share this post


Link to post
Share on other sites

Yep. 50 to 60k could be the norm by next year.

That's why I renewed 1 yr ahead.... Maybe it will to 60k - 70k by then.
  • Praise 1

Share this post


Link to post
Share on other sites
Posted (edited)

all the MPs and ministers should start by giving up their rides and take public transport. Don't try us like a fool. If go car lite, let's all go together.  lead by example, not by mouth [furious]

Edited by mikk123
  • Praise 3

Share this post


Link to post
Share on other sites

all the MPs and ministers should start by giving up their rides and take public transport. Don't try us like a fool. If go car lite, let's all go together. lead by example, not by mouth [furious]

Hahaha with their high pay, what is COE to them?

Share this post


Link to post
Share on other sites

if big enough number of ppl kpkb, the govt. might backtrack.

I remember when Uber was bidding aggressively for the coes when they were expanding their fleets a few yrs back, the coe price were crazy, even the second hand car price also went up accordingly.

So the negative impact on car buyer like us are quite pronounced.

 

But that time market corrected itself (Uber exit, high coe quota) and govt/LTA didn't help to restrict Uber for bidding.  LTA don't care about negative impact on buyers and they interfere only when COE is down to make policy to jack up coe  again. 

 

More we speak about these policies more the topic will become political  

↡ Advertisement
  • Praise 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×