how to solve COE volatility? Gov doing the pricing

[Vratenza]

30 minutes ago, SLing said:

Too many PHV’s causing congestion?  Passengers complain of inadequate supply. https://mothership.sg/2022/08/higher-demand-fewer-private-hire-drivers/?fbclid=IwAR3iX4qMLdVkGOucPL7mot_81kyZc2PoSLFucXYji3nJukSANQJVkvcPQz4

I read some article whereby some big mouth PHV driver spilt the beans on the phenomenon. 

This is artificially created "demand" when PHV drivers colluded in their own tight circles to deliberately reduce supply so that when surge pricing (probably a system algorithm) is induced, then they go in to pick up the fattened lambs. 

If this is true, something needs to be done about such unfair practice to the average consumers. 

Anyone can confirm this? 

[Eighttales]

6 hours ago, Fcw75 said:

Hahaha, yah some people think $104K was ex that time. Look at the price now!

Have to ask @Eighttales if he’s still enjoying the ride 😁

 

6 hours ago, SiLangKia said:

hahahaha hopefully he still holding on to it, this car is really a keeper! One of the last few small fun properly manual cars

I still have the car with me! it'll turn 1 year old in about 2 weeks' time. been a blast driving it around.

I was lucky, i got it at about 105k; heard the earlier batches got it sub-100k. but i really can't complain looking at how it's being sold at 146k now 🙀

Definitely not the best pic of the car but here's one i took with its predecessor:

Edited August 5 by Eighttales

[SiLangKia]

1 hour ago, Eighttales said:

 

I still have the car with me! it'll turn 1 year old in about 2 weeks' time. been a blast driving it around.

I was lucky, i got it at about 105k; heard the earlier batches got it sub-100k. but i really can't complain looking at how it's being sold at 146k now 🙀

Definitely not the best pic of the car but here's one i took with its predecessor:

so nice bro! enjoy the ride! really a good buy at 105k hahaha, hopefully one day can see you on the road