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Showing results for tags 'heres'.
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Implement one or a combination of the things below: 1. 5 years COEs only 2. No extensions of COEs after current ones expire. 3. Allow private cars to be rented out; unlike currently, too many preconditions for private car rental. 4. Only household owners can bid for COEs. If own multiple properties, still only allowed to own one COE. If your spoilt son wants a car, tell him to get a job and own a home first. 5. Make cars and COEs non-transferrable. You cannot afford to continue paying for your car, you scrap it. No sentimentality here about saving the environment; you're driving after all. 6. And lastly, if your spolit son still demands a car, his father must be above 70 years old (going to die soon), and has at least $100K in his CPF willed to LTA. He will then get a free COE.
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plan to drive 2-3 years only. since we know OPC cars very hard to sell, my plan is to buy a parf car that is close to paper. so when time comes at 5th year, i can scrap. we also know road tax more ex for parf cars but i calculated is more worth to pay for road tax then to top up when i need to sell an OPC. comments on my plan? seems good so far!