[EvertonDiehard]

The Certificate of Entitlement (COE) is a crucial factor in determining the cost of owning a car in S'pore. It amuses me that many disgruntled S'poreans who cannot afford a car often declare that they wish to see COE premiums continuously increasing. They do not realise that when COE prices rise, there is a ripple effect on the whole economy, which affects everybody, and not merely car owners.

[grotesqueness]

COE rises to four time of a car will be wonderful

[EvertonDiehard]

COE rises to four time of a car will be wonderful

You don't seem to realise that rising COE premiums lead to significantly higher car prices which affects everyone who relies on taxis, PHVs or delivery services. When the cost of transportation increases, it pushes up prices for goods and services as businesses pass on their higher operational costs to consumers - regardless of whether they own a car or not.

[WhatDoYouThink!]

COE rises to four time of a car will be wonderful

Yr grandkids will steal yr money more often

[grotesqueness]

You don't seem to realise that rising COE premiums lead to significantly higher car prices which affects everyone who relies on taxis, PHVs or delivery services. When the cost of transportation increases, it pushes up prices for goods and services as businesses pass on their higher operational costs to consumers - regardless of whether they own a car or not.

what wrong with collecting more money?

[grotesqueness]

Yr grandkids will steal yr money more often 

yes

that is why most of them oversea

[EvertonDiehard]

what wrong with collecting more money?

Pay And Pay will definitely agree with you!

[grotesqueness]

Pay And Pay will definitely agree with you!

there is nothing wrong collecting more money

we have the GE voters support

[EvertonDiehard]

The rising cost of living disproportionately affects lower SES households, which will widen the income gap. This has serious social implications for S'pore society as a whole.

[sgh]

The Certificate of Entitlement (COE) is a crucial factor in determining the cost of owning a car in S'pore. It amuses me that many disgruntled S'poreans who cannot afford a car often declare that they wish to see COE premiums continuously increasing. They do not realise that when COE prices rise, there is a ripple effect on the whole economy, which affects everybody, and not merely car owners.

It affects everyone yes but it hit the wallets of car owners much much more. I.e the damage sustained between a car owner and a non-car owner assuming both earn the same income.

[EvertonDiehard]

there is nothing wrong collecting more money. we have the GE voters support

Pay And Pay will agree with you 100% as they laugh all the way to the bank.

[grotesqueness]

Pay And Pay will agree with you 100% as they laugh all the way to the bank.

we have GE voters support

[EvertonDiehard]

It affects everyone yes but it hit the wallets of car owners much much more. I.e the damage sustained between a car owner and a non-car owner assuming both earn the same income.

With Cat A COEs reaching $91,383 and Cat B premiums hitting $1102,423 for Aug, car owners and those who don't have 4-wheels are definitely not on the same income level. LOL!

[moonrab]

Nobody force you to buy a car in Singapore...🤣

[sgh]

With Cat A COEs reaching $91,383 and Cat B premiums hitting $1102,423 for Aug, car owners and those who don't have 4-wheels are definitely not on the same income level. LOL!

It can be same level as long as you can find the borrowed monies legal or illegal where illegal business thriving.

[EvertonDiehard]

we have GE voters support

You forget that while the direct impact of rising COE premiums is on car owners, its indirect effects are affecting the economy, society and environment. This means that those who cannot afford cars will also be unhappy with Pay And Pay.

[EvertonDiehard]

Even S'poreans who don't own cars are unhappy that the price of public transport is on the increase.

[WhatDoYouThink!]

You forget that while the direct impact of rising COE premiums is on car owners, its indirect effects are affecting the economy, society and environment. That means that those who cannot afford cars will also be unhappy with Pay And Pay.

He's very stewpig can't see and dun understand what you mean

[WhatDoYouThink!]

With Cat A COEs reaching $91,383 and Cat B premiums hitting $1102,423 for Aug, car owners and those who don't have 4-wheels are definitely not on the same income level. LOL!

Soon you'll hv to make a decision too, where to find 200k for a new car

[sgh]

Soon you'll hv to make a decision too, where to find 200k for a new car

As long as working can borrow monies correct? Unless he pay up all in cold hard cash?

[EvertonDiehard]

Nobody force you to buy a car in Singapore...🤣

Even though Pay And Pay intends to reduce car ownership with high COE prices, this may not lead to a significant decrease in traffic jams with more people choosing PHVs and taxis. In any case, the Govt agrees with you that as long as the rich have the money, they may buy as many vehicles as they are able to afford. 

[EvertonDiehard]

Soon you'll hv to make a decision too, where to find 200k for a new car

The wealthy will merely reduce the number of cars in their household from 7 to 5 vehicles. 

[sgh]

Even though Pay And Pay intends to reduce car ownership with high COE prices, this may not lead to a significant decrease in traffic jams with more people choosing PHVs and taxis. In any case, the Govt agrees with you that as long as the rich have the money, they may buy as many vehicles as they are able to afford. 

In fact maybe govt secretly hope the poor faster die finish as they are a burden to govt. Vaccination is one indirect way rumors have it.

[EvertonDiehard]

He's very stewpig can't see and dun understand what you mean

He doesn't realise the reduced consumer spending caused by higher living costs, owing to increased transportation expenditure. S'poreans who own or do not possess cars end up with less disposable income to spend on other goods and services. This affects various industries in our country.

[EvertonDiehard]

In fact maybe govt secretly hope the poor faster die finish as they are a burden to govt. Vaccination is one indirect way rumors have it.

To Pay And Pay, the poor are a burden while the wealthy are useful members of society who contribute to the Govt as taxpayers.

[Lukongsimi]

Now lesser people learning driving
Got dr lic can’t afford car

[sgh]

He doesn't realise the reduced consumer spending caused by higher living costs, owing to increased transportation expenditure. S'poreans who own or do not possess cars end up with less disposable income to spend on other goods and services. This affects various industries in our country.

That is why Spore must think of ways to earn a lot monies. No monies die faster.

[EvertonDiehard]

Now lesser people learning driving. Got dr lic can’t afford car

People who want to have a car on the cheap will become PHV drivers. LOL!

[sgh]

People who want to have a car on the cheap will become PHV drivers. LOL!

PHV also got pressure need to cover the cost of each day then the rest of the day is earn monies

[EvertonDiehard]

That is why Spore must think of ways to earn a lot monies. No monies die faster.

The Govt should realise that skyrocketing COE premiums will slow down economic growth. When Pay And Pay discourages car purchases, it impacts the automobile industry and related sectors like car dealerships, workshops as well as insurance companies.