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LTA to increase up to 20,000 COEs

Ct3833

By Ct3833,
in General Car Discussion

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inlinesix

inlinesix

Hypersonic
On 11/14/2024 at 11:58 AM, Spidey10 said:

was listening to his speech and he also mentioned they are looking into a diff cat for PHV....WIP and I guess will announce soon as well....let PHV fight among themselves la...

I don't think so since MoT is talking about Car-Lite.

If it is carved out, it is likely to going to eat into existing quota.

 

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Spidey10

Spidey10

Supercharged
On 11/14/2024 at 12:02 PM, inlinesix said:

I don't think so since MoT is talking about Car-Lite.

If it is carved out, it is likely to going to eat into existing quota.

 

yeah, possible, they are sturdying it....so let them use some of their brain cells a bit lah....we peasants wait and see...

hopefully is good news...

30k COE....here we come....:grin::a-happy:

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inlinesix

inlinesix

Hypersonic
On 11/14/2024 at 12:07 PM, Spidey10 said:

yeah, possible, they are sturdying it....so let them use some of their brain cells a bit lah....we peasants wait and see...

hopefully is good news...

30k COE....here we come....:grin::a-happy:

130k for 300hp EV ftw

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Alfc

Alfc

5th Gear
On 11/14/2024 at 12:02 PM, inlinesix said:

I don't think so since MoT is talking about Car-Lite.

If it is carved out, it is likely to going to eat into existing quota.

 

It was mentioned only a small portion (10%) are bidded by pte hire right?

So easy, just carved out 10% for pte hire as a separate CAT for them to bid la. Stay true to own stats

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inlinesix

inlinesix

Hypersonic
(edited)
On 11/14/2024 at 12:56 PM, Alfc said:

It was mentioned only a small portion (10%) are bidded by pte hire right?

So easy, just carved out 10% for pte hire as a separate CAT for them to bid la. Stay true to own stats

What's out might not come back again.

No thanks for me

Edited by inlinesix
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Alfc

Alfc

5th Gear
On 11/14/2024 at 1:05 PM, inlinesix said:

What's out might not come back again.

No thanks for me

The entire supply is controlled. What's out can always be "tweaked" for input/output for whatever reason. Just a matter of playing with the narration.

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Wt_know

Wt_know

Supersonic
(edited)
On 11/14/2024 at 2:34 PM, Alfc said:

The entire supply is controlled. What's out can always be "tweaked" for input/output for whatever reason. Just a matter of playing with the narration.

well ... 5000 years of history has proven ... "官字兩個口" ...

any narrative can 

 

 

Edited by Wt_know
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Mockngbrd

Mockngbrd

Supersonic
On 11/12/2024 at 8:26 PM, Didu said:

Who feels that our transport ministar is telling the truth?  😁

Recent COE price spike not caused by private-hire firms or foreigners, says Chee Hong Tat

The main driver for the increase in COE prices in recent quarters is likely due to strong demand from local individual buyers, and not foreigners or car leasing companies, Transport Minister Chee Hong Tat said in parliament on Tuesday (Nov 12). 

https://www.channelnewsasia.com/singapore/coe-price-increase-private-hire-cars-foreigners-4742991

 

 

give you NS voucher liao still KPKB!!!!!

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Mkl22

Mkl22

Supersonic
On 11/14/2024 at 4:55 PM, Mockngbrd said:

 

give you NS voucher liao still KPKB!!!!!

Those here who KPKB the loudest never do NS? 😂

it is a privilege to do NS only 1.2m out of 6m 

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Mkl22

Mkl22

Supersonic
On 11/14/2024 at 4:55 PM, Mockngbrd said:

 

give you NS voucher liao still KPKB!!!!!

Voucher short of 2 more zeros…. At least can defray 20% of the coe cost given that we are 20% of the population. 🤣

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Jamesc

Jamesc

Hypersonic

20,000 new COE I guarantee you sales will be affected.

New car dealers will sell more.

COE comes down used car dealers also affected.

Price of used cars will come down.

Buyers also affected.

More chance of getting their COE.

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Spidey10

Spidey10

Supercharged
On 11/15/2024 at 4:11 PM, Jamesc said:

20,000 new COE I guarantee you sales will be affected.

New car dealers will sell more.

COE comes down used car dealers also affected.

Price of used cars will come down.

Buyers also affected.

More chance of getting their COE.

flooding....or they call it ponding...:grin:

but i ain't complaining...

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Volvobrick

Volvobrick

Supersonic
On 11/14/2024 at 2:37 PM, Wt_know said:

well ... 5000 years of history has proven ... "官字兩個口" ...

any narrative can 

 

 

the second "口" actually is a "door" with BS coming out only.

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Ginyu

Ginyu

5th Gear
(edited)

Some say if COE plunge; car dealers will lose their rice bowl. So need 

to keep it at high levels  so they can continue to huat. Still don’t understand the logic when car showrooms are empty but they still hoping coe to remain high🤣

Edited by Ginyu
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Beehive3783

Beehive3783

Turbocharged
On 11/18/2024 at 7:32 PM, Ginyu said:

Some say if COE plunge; car dealers will lose their rice bowl. So need 

to keep it at high levels  so they can continue to huat. Still don’t understand the logic when car showrooms are empty but they still hoping coe to remain high🤣

COE will remain high because of PHV leasing companies. They don't need to go to the showroom, the salesman will go to them with sales contract :D 

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