Surcharge for 2nd car onwards owned by same person!

[Duckduck]

https://twitter.com/ChannelNewsAsia/status/...858454848135168

 

 

[Wt_know]

no use la

 

1st car - husband

2nd car - wife

3rd car - son/daughter

 

sup sup water

 

better than nothing

 

Edited May 16, 2013 by Wt_know

[Luckcent]

Milking the rich lah !!!!!

[13177]

Agreed, if a person can own more than 1 car, to them whether got surcharge or not, they still can afford lo. No help at all.

Edited May 16, 2013 by 13177

[Kangadrool]

By right, should give discount right? Since this same bugger already contributed some taxes already and he/she can't drive 2 or more cars at the same time unless octopus spotted.

[Wt_know]

import tax duty - slap once

arf - slap twice

coe - slap thrice

erp - slap again

 

slap slap slap ... more slap coming ... huat ah !!!

Edited May 16, 2013 by Wt_know

[Carnoob]

aiyah considering only mah

[Deckbuild]

Agreed, if a person can own more than 1 car, to them whether got surcharge or not, they still can afford lo. No help at all.

 

Might make a diff if surcharge based on % of the OMV

[Mockngbrd]

not really milking the rich, more like: Moar $$$ to Gahmen, Sabo middle income, normal-lower income no diff as COE will still be sky high.

 

Rich will always find ways to circumvent such rules if they wish to.

[Kangadrool]

Maybe, referring to second time buying car onwards..... (and not owning 2 or more cars). This one sibei jialat.....

[Wt_know]

wah this one sibei jialat ... then car has MOP ... must drive the same car for at least 5 years ... if change < 5 years ... additional TAX TAX TAX .... LOL ...

 

Maybe, referring to second time buying car onwards..... (and not owning 2 or more cars). This one sibei jialat.....

 

[Speak_listen]

no use la

 

1st car - husband

2nd car - wife

3rd car - son/daughter

 

sup sup water

 

better than nothing

 

agree.

maybe can not with same ic address?

 

[MacDuck]

Full story: http://www.channelnewsasia.com/news/singap...-co/676816.html

 

By Hetty Musfirah Abdul Khamid

POSTED: 16 May 2013 10:34 AM

 

SINGAPORE: Those who wish to buy more than one car in Singapore may need to fork out more cash on top of their Certificate of Entitlement (COE) in future.

 

The government is considering imposing a surcharge for the second car onwards - owned by the same person.

 

The move aims to better spread car ownership more evenly, given the limited COE supply.

 

If implemented, the surcharge will not apply to existing multiple car owners.

 

Buyers of mass-market cars who are currently competing for COEs in Category A with buyers of luxury cars may also see some relief.

 

The government is looking at factoring engine power as a way to better delineate Category A from Category B to improve the COE system.

 

It is understood that about 50 per cent of COEs under Category A are currently taken up by luxury cars.

 

The government will begin seeking views from the public and motor dealers on the possible changes next month.

 

The process will likely take about two to three months.

 

- CNA/fa

[Wt_know]

this week showroom will be packed like sardines liao ... all rush in to order before an new rules come out ....

 

dealer huat ah !!!

 

Full story: http://www.channelnewsasia.com/news/singap...-co/676816.html

 

By Hetty Musfirah Abdul Khamid

POSTED: 16 May 2013 10:34 AM

 

SINGAPORE: Those who wish to buy more than one car in Singapore may need to fork out more cash on top of their Certificate of Entitlement (COE) in future.

 

The government is considering imposing a surcharge for the second car onwards - owned by the same person.

 

The move aims to better spread car ownership more evenly, given the limited COE supply.

 

If implemented, the surcharge will not apply to existing multiple car owners.

 

Buyers of mass-market cars who are currently competing for COEs in Category A with buyers of luxury cars may also see some relief.

 

The government is looking at factoring engine power as a way to better delineate Category A from Category B to improve the COE system.

 

It is understood that about 50 per cent of COEs under Category A are currently taken up by luxury cars.

 

The government will begin seeking views from the public and motor dealers on the possible changes next month.

 

The process will likely take about two to three months.

 

- CNA/fa

 

[Kangadrool]

Should look for a low power car with tremendous low-end torque.

[Mockngbrd]

Should look for a low power car with tremendous low-end torque.

diesel lo

 

it's a stewpig move... penalizing efficiency.... how about peg to OMV? oh wait... which one earn more $$$

Edited May 16, 2013 by Mockngbrd

[Deckbuild]

this week showroom will be packed like sardines liao ... all rush in to order before an new rules come out ....

 

dealer huat ah !!!

 

Apply to new cars only?? How dumb, sometimes I find that it's the govt thats always causing the rush to buy cars...

 

[Little_prince]

should peg to household

 

otherwise one for papa. one mama. one ah gong. one ah ma. defeats the purpose.