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LTA invites the public to feedback on car ownership and COE

LTA invites the public to feedback on car ownership and COE

SYF77

Entry posted by SYF77 ·

1,922 views

How do you feel when you see VW rims on Skoda?  

23 members have voted

  1. 1.

    • Indifferent ...
      9
    • Owner of the Skoda couldn't find Skoda rims
      5
    • Owner tries to disguise the Skoda as a VW
      9
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The Land Transport Authority (LTA) has setup a website to seek feedback from the general public on how COE and car ownership schemes should be tweaked. The government is trying to inject some form of social equitability in car ownership in our land-scarce island.

 

The feedback will help the government to better delineate CAT A from Cat B, so that buyers of mass market models do not have to compete directly with luxury car buyers.

 

However, luxury brands' penetration into CAT A is only part of the equation in contributing to the astronomical rise in COE price in the 'mass market' category. The reduction in supply of COE and ever increasing population numbers would ensure that COE prices would remain sky high.

 

If you are interested to air your views, do visit the website


1 Comment

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Fastfive1

Your short bio pretty much explains your views towards the COE. Mass Market vs Luxury cars? If more luxury cars enter the CAT A category, there will be nicer looking cars on the road. Who gives a crap about mass market cars like toyota? I say to hell with toyota. Their cars have been declining in quality.

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