LTA to issue more COEs (Another scam from LTA)

last SG · 2004-09-24T14:48:51+00:00

If the govt don't get their forecast earning from COE/ERP, they will find other means to get it. There are 2 things in life that we can't escape. Death &am...

Qitai SG

Who is the one selfish here?

You just want to keep the car ownership an exclusive right for the rich, didn't you? Issuing more COE gives more people ability to own a car, what's wrong with that?

And don't you want your smooth traffic still when you go downtown? And if the ERP solves that, why not? Afterall, if the COE and tax gets reduce, you are just back to square one while allowing others who do not go downtown to still have their car and drive it in the neighbourhood.

So, who is the one selffish here?

Gazelle SG

Do you need to be rich to own a car? No
Do you need to be rich to own a Ferrari or a Mercedez? Yes

Just because you dont travel to CBD, therefore you are saying that ERP is good. Isnt that a selfish statement? What about dispatch riders? what about taxi drivers? what about the deliver guy who have to make 10 trips to downtown everyday? Are those people suppose to suffer while you get to enjoy?

Just because you dont go downtown, that doesnt mean that everybody should be like you. be fair, be considerate. Singapore is now just about you.

Qitai SG

Dispatch rider? Company can pay for it.
Taxi Drivers? The passenger is already paying for it.
Deliver guy? Company can pay for it as well.

Current cost of owning a car? At least $1000 even if you do not use it. Where is the cost? COE and Taxes.

Should we reduce those? Yes. Price of car can be easily be a quarter of the current cost if we remove COE and tax.

Will reducing it cause problem? Yes, increase in car may reduce the speed of the traffic in places where there is traffic.

Purpose of ERP? To still allow smooth traffic even with the increase in car volume.

Net cost to car owner? For those going to CBD very frequently, it may increase. For those tho goes regularly, it may just net to zero. For those who goes irregularly or seldom goes to CBD, a much reduce cost?

(Increase in ERP, reduce in capital cost - you go calculate if it is net gain or loss)

Net effect. Some gain, some losses. But my projection is more will gain then those who loses.

Singapore is not just about you either. Why can't I own a car without paying that 131% tax + COE? Especially, why do I have to pay COE when I do not contribute to traffic jams at all?

Qitai SG

Anyway, if you don’t want the ERP, not my problem either. Just scrap the COE for me. You can have your traffic jams in the CBD area if that is what you like. I just don’t think I should be paying the COE when I do not contribute to traffic jams at all.

paperchicken SG

Toopid singaporean. If everyone has a car then the roads will be jam pack with them. Just look at Bangkok. Rolling Eyes

Gazelle SG

Why did you buy the car in the first place since you dont really drive it....why dont you just take taxi...i am sure you will save the money....

Dispatch rider? Company can pay for it. (who pay the company?)
Taxi Drivers? The passenger is already paying for it. (why must they pay since they dont drive)
Deliver guy? Company can pay for it as well. (who pay the company?)

Gazelle SG

Done, I have already scrap the COE for you....

Qitai SG

CBD is not the only place in Singapore to drive a car. My flat, my sibings flat, my parent's flat, myself and my siblings workplace are all not in CBD. How did you come to the conclusion that if I don't drive to CBD, that means I do not drive?

Gazelle SG

CBD is not the only place in Singapore with ERP gantry....without COE, I can assure you that ERP will be coming to your door steps

Qitai SG

Just like how you just virtually scrap the COE for me?

I would like to see how the LTA justify the ERP gantry in where I stay. Some roads I use has less than 3 car per minute in traffic volume.

Feynman SG

I share your view. We should be allowed to drive even though the COE is conceived to reduce road congestion. We however do not have homogenous road conditions, hence road usage should fall into a solely ERP-regulated method.

try this stupid idea of mine Idea : You have damn cheap cars(no COE, no funny taxes and duties), but the road usage is horrendously expensive (so ex that it covers the lost revenue of the above). What will happen? Everyone will drive cars only when they absolutely need it. Sounds good eh? You can buy your Evo8 and gleam it everyday, yet not move an inch. But alas, the downside is that you will end up with choked HDB carparks. I personally like the usage based charges idea. But the only downside is the required number of parking lots..... Sad

Feynman SG

Hi I would just like to find out how much control we actually have over our COE bids. Isn't it true nowadays that the COE market has been hijacked by the car dealers? How many people actually do get to bid at a price they are willing to pay? As this is a 2nd price sealed bid auction in essence, ideal strategy is to bid one's valuation. So is the car buying populace telling the government they are willing to pay $20k so that they can guarantee that they can drive their cars within the next 3 months(an argument used by car dealers. no high bid, no car)?

miong SG

Without COE, HDB, CPF, PUB cash flowing into Government's treasury MAS and Temasek would have collapsed many times over.

Singaporeans are vital bloodline to the Government because all their other sources turned out to be expensive flops everywhere! NOL, APLL, GLOBAL CROSSING, THAI BANK, MICROPOLIS, AIR NEW ZEALAND, SEMBCORP INDUSTRIES (SOON TO LOOSE S$800 MILLION IN LAWSUIT), SUZHOU INDUSTRIAL PARK... just to name a few.

Now we know why Government raised GST to 5% during a severe recession and when 100,000 Singaporeans were jobless.

.....they needed our money desperately to protect their failing investments.

sbst275 SG

If the 'booking' is below is the given out quota, it will remain $1

CenturionMBT SG

Originally posted by miong:
Without COE, HDB, CPF, PUB cash flowing into Government's treasury MAS and Temasek would have collapsed many times over.

Singaporeans are vital bloodline to the Government because all their other sources turned out to be expensive flops everywhere! NOL, APLL, GLOBAL CROSSING, THAI BANK, MICROPOLIS, AIR NEW ZEALAND, SEMBCORP INDUSTRIES (SOON TO LOOSE S$800 MILLION IN LAWSUIT), SUZHOU INDUSTRIAL PARK... just to name a few.

Now we know why[b] Government raised GST to 5% during a severe recession and when 100,000 Singaporeans were jobless.

.....they needed our money desperately to protect their failing investments.[/b]

i find that statement highly irresponsible. If you want to attack something, give concrete proof and evidence. Otherwise you are just a fella here to stir up discontent. Stop shooting from your mouth.Words are cheap.

Feynman SG

I have to agree with you. Everyone is frustrated, some more than others. It would be good to hear constructive criticisms. I always think to myself....Gosh I am born on this 600+ sq km piece of snot. What can be done to make life better? I do find an increase in GST good. It goes towards a usage based form of charging for goods. No money? Dun buy anything. If basic necessities have to be made more affordable, then lower GST for that class of goods. After all cigs and booze belong to a higher quasi-GST category.

Go Armour go! Wink

Shake_Spear SG

Originally posted by Gazelle:
How I wish singaporeans can be smarter and less kia su.

Many car owners are probably too use to paying and they dont realize that they are paying about $200 every month for a meaningless certificate.
I dont mind if the cert is to help limit the number of cars on the road, so that drivers can enjoy smoother traffic on the road.

but bloody hell...after paying so much, LTA is coming back and say they are issuing more COE, which will increase cars population, more traffic jam, and more ERP, less car parks..

bloody LTA are just bank robbers and[b][b] car buyers are suckers[/b]!!! [/b]

Yo Gaz, have you bought a car?

LittleTiger SG

rob at the front and steal at the back…..

Lowclassman SG

Mr Ma Ma must be joking!!!!

Lowclassman SG

Originally posted by robertteh:
[b]Minister Mah Boh Tan in announcing COE system many years ago has informed the public that when it and the ERP were introduced, vehicle registration, import and excise duties eventually will be scrapped.

Has the government fulfilled its promise to do so? For those who are still doubting the wisdom of democracy or alternative views, think again. Laughing [/b]

Our Mr mah mah must be joking!!!!

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