Ct3833 Supersonic October 29 Share October 29 (edited) LTA to add up to 20,000 COEs across vehicle categories from Feb 2025 Lets start guessing, when will COE price come down, or will it at all? Managing down COE price in prep for election? 😁but if they will to releaae it progressively over a few years, i guess there will be not much effect. Lets see how it will play out, meantime, for those who want to change car, there is no rush for now, it is worth waiting, unless COE price takes a nosedive in the next few months https://www.straitstimes.com/singapore/transport/lta-to-add-up-to-20000-coes-across-vehicle-categories-over-next-few-years-from-feb-2025 Edited October 29 by Ct3833 ↡ Advertisement 9 1 1 Link to post Share on other sites More sharing options...
Lala81 Hypersonic October 29 Share October 29 Car scrapping in January. Take out popcorn and wait and wait. 3 8 Link to post Share on other sites More sharing options...
Ct3833 Supersonic October 29 Author Share October 29 On 10/29/2024 at 7:55 PM, Lala81 said: Car scrapping in January. Take out popcorn and wait and wait. Maybe you have a chance to break your high COE cycle now 1 Link to post Share on other sites More sharing options...
Carbon82 Moderator October 29 Share October 29 Election goodies to me. Not that I am skeptical, but the article mentioned 20,000 is across all categories for the next few years, so say 5 years. 20,000/5 = 4,000/year or 333/mth If spread over just cat A, B & E (which is highly unlikely), that represents just about 111 more COE per month, the impact would be almost negligible, in view of the stronger demand. 15 2 Link to post Share on other sites More sharing options...
Benarsenal Turbocharged October 29 Share October 29 Yeah it all depends on the spread. Might not make that much of a difference possibly. Link to post Share on other sites More sharing options...
Mkl22 Twincharged October 29 Share October 29 On 10/29/2024 at 7:32 PM, Ct3833 said: LTA to add up to 20,000 COEs across vehicle categories from Feb 2025 Lets start guessing, when will COE price come down, or will it at all? Managing down COE price in prep for election? 😁but if they will to releaae it progressively over a few years, i guess there will be not much effect. Lets see how it will play out, meantime, for those who want to change car, there is no rush for now, it is worth waiting, unless COE price takes a nosedive in the next few months https://www.straitstimes.com/singapore/transport/lta-to-add-up-to-20000-coes-across-vehicle-categories-over-next-few-years-from-feb-2025 all i can say need to increase hard for maximum effect... you can see for yourselves who is most loved.... 😁 1 4 Link to post Share on other sites More sharing options...
Inlinefour Twincharged October 29 Share October 29 300 reserved for Grab cars balance 33 for newly naturalised UHNI LiangPoPo Huat ah 6 Link to post Share on other sites More sharing options...
Gnahp Turbocharged October 29 Share October 29 how come I don't feel excited at all 4 Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 29 Share October 29 (edited) https://www.lta.gov.sg/content/ltagov/en/newsroom/2024/10/news-releases/injection-of-additional-coe-quota-with-reduced-usage---erp-2-0-t.html Quote Given the recent vehicle usage trends and improved capabilities of ERP2.0, LTA will progressively inject up to about 20,000 additional COEs across the vehicle categories from February 2025, over the next few years. This is similar to the approach taken when the Government injected an additional 10,500 COEs on top of the allowable VGR between 1997 and 2003, following the introduction of the ERP system. I guess these words were missing or missed Edited October 29 by inlinesix 1 2 Link to post Share on other sites More sharing options...
Columbian78 6th Gear October 29 Share October 29 I just renewed coe 5 years to extend my runway. 3 Link to post Share on other sites More sharing options...
ER-3682 Twincharged October 29 Share October 29 On 10/29/2024 at 9:12 PM, Gnahp said: how come I don't feel excited at all Because,you well doing,COE Up or Down don't matter you. 3 Link to post Share on other sites More sharing options...
Gnahp Turbocharged October 29 Share October 29 On 10/29/2024 at 9:34 PM, ER-3682 said: Because,you well doing,COE Up or Down don't matter you. where got I already told my wife if the COE stays at the current level when we are changing car next car will be a toyota 1 Link to post Share on other sites More sharing options...
Tkseah Supercharged October 29 Share October 29 Guess likely election will be Q3 2025... 4 Link to post Share on other sites More sharing options...
Mkl22 Twincharged October 29 Share October 29 On 10/29/2024 at 9:16 PM, Columbian78 said: I just renewed coe 5 years to extend my runway. Why not 10.? LTA bank very secure. 🤣 3 Link to post Share on other sites More sharing options...
13177 Hypersonic October 29 Share October 29 Will the COE drop or not? Drop means drop to at least $60k?! Lol. Link to post Share on other sites More sharing options...
Tohto Hypersonic October 29 Share October 29 (edited) No one ask, when is erection coming 😁😁 Anyway, boh wa a tai chi... 😂😂 Edited October 29 by Tohto 1 Link to post Share on other sites More sharing options...
Thinker00 1st Gear October 29 Share October 29 3/4 coe taken by private hire. Consumer don’t benefit 2 Link to post Share on other sites More sharing options...
shinkong 2nd Gear October 29 Share October 29 On 10/29/2024 at 9:16 PM, Columbian78 said: I just renewed coe 5 years to extend my runway. Mine is expiring in Jan2025, and I plan to renew for another 5 years as well. ↡ Advertisement Link to post Share on other sites More sharing options...
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