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Showing results for tags 'CEVS'.
Found 5 results
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Seemed that ADs are losing market share to PIs and are ranting about unfair practises.... http://www.businesstimes.com.sg/transport/distributors-rue-parallel-import-advantage
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- 4
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- parallel importers
- authorised dealers
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PRESUME ... New Car A - CEVS Neutral Selling = $150,000 OMV = $20,000 CEVS = $0 ARF = $20,000 PARF = 50% of ARF = 50% x $20,000 = $10,000 Straight Line Depri = $150,000 - $10,000 = $140,000 over 10 years = $14,000 per year New Car B - CEVS Rebate Selling = $150,000 OMV = $20,000 CEVS = $10,000 REBATE ARF = $20,000 - $10,000 = $10,000 PARF = 50% of ARF = 50% x $10,000 = $5,000 Straight Line Depri = $150,000 - $5,000 = $145,000 over 10 years = $14,500 per year New Car C - CEVS Surcharge Selling = $150,000 OMV = $20,000 CEVS = $10,000 SURCHARGE ARF = $20,000 + $10,000 = $30,000 PARF = 50% of ARF = 50% x $30,000 = $15,000 Straight Line Depri = $150,000 - $15,000 = $135,000 over 10 years = $13,500 per year Tio Bio?
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Carbon emissions - superiority of German technology
Caravan posted a topic in General Car Discussion
While browsing sgcarmart and checking out vehicles specifications, something caught my eye - carbon emissions. With the new CEVS kicking in from July, cars with 'high' emissions can be taxed additional $30k! But what is interesting is how the German vehicles have much lesser emissions than comparative Japanese cars. Examples below. Specifications from sgcarmart. Toyota corolla 1.6(A) - CO2 emission 151 g/km (As tested by LTA) / Kerb weight 1,265 kg Mercedes Benz E200 - CO2 emission 146 g/km (As tested by LTA) / Kerb weight 1,655 kg Numbers speak for themselves. Further e.g. Subaru WRX STi 2.5(M) - CO2 emission 242 g/km (As tested by LTA) / Kerb weight 1,516 kg (additional $30k CEVS tax from July) Mercedes Benz A45 AMG - CO2 emission 165 g/km (As tested by LTA) / Kerb weight 1,555 kg Seems like the German technology is far ahead of the Japanese. -
"He said the high COE prices was not only a function of supply - the smallest since the quota system started in 1990 - but also the robust economy and people's ability and willingness to spend. He has asked the Land Transport Authority to look into whether the newly-introduced Carbon emissions-based Vehicle Scheme (CEVS) - which accords lower emission cars rebates of up to $20,000 - had led to more aggressive COE bidding" Wow lau ... CMI leh .... from a high calibre ... The CEVS is LPPL with little or no saving to car buyers ....
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Doesn't sound like it......and no news about CE based road tax yet.
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