Sky-high COE prices push consumers toward used cars

Car is the most heavily tax (at least 60% to 70%).
Why bother to spend $50k of our hard earned money to pay tax ?
How long does it take for typical Singapore to save $50k?

I am not surprised by the rising COE cost. This means Government want more people to take public transport like MRT rather than to buy new cars. Government rather raises the COE prices than to see SMRTmakes losses. Be prepared for higher COE prices.

COE increase - Car expensive - Take Cab - Cab fare hike - Take Train - Train breaks down - Take bus - on wonder announce new fleet of buses, pre-cursor to bus fare hike...

Our COE system is not transparent, it seen that speculator manupulate the system during the recession.

More BMW and Mercedes are sold last year than all Japanese and Korean cars combined in Singapore. So many Singaporeans have the mulla.

We have just made it into the Guiness book of world record to paying the highest price for a piece of paper. To rub salt into the wound, it is now a virtual piece of paper.

There must be a better way of controlling car in SIN . Instead of making it miserable for Singaporeans. Gahmen, cant U all think of a win win solution??!

The Rich spoilt the pricing in the property market and also the car market. They help to inflat the prices of housing and COE.

With fewer people buying cars now, I dont see why COE prices still so high? There is no transparency in the bidding of COE. High COE prices contribute to high transport pricing that lead to many other increase in cost of living. The Government should scrap COE. This is manipulation to make more money.

government appears to becoming a socialist government where people are dependant on them and work for them instead of they working for the people. Our children and grand children will be suffering if this carry's on. Think about it?

When majority of Singaporeans gave up their cars and used public transport. When multi-storey car park are not earning enough from season parking. When less n less pple used the expressways and ERP system is not collecting enough, our dear garment will start driving down the COE! LOL!

New car price is SUCK and the 2nd hand resell market is also SUCK. The dealer said my old car COE is low and want to take in low. I'm sure they can resell High because the current COE is high. So the best is to keep my car and save money in the my pocket. I'm glad that I'm now richer $$$ and happier by staying put.

Bicycle dont need COE.... cheap !! With your COE money u can buy 100+++++ bicycles... :P

who to blame lah, still people buying just like property market , if you dont buy then relevant Authorities will open eyes how to do that here many here kayu what no unity

Why when the ERPs are running full swing and the ruling government still allowing LTA to use COE?

After sucking our blood for so many years, did your traffic system improved? The government is telling lies and was laundering our money. This is considered CORRUPTION!

In Sink-ka'poor, the traffic fines are heavy, the carparks are super expensive, the road tax are worls class high, but the infrastructure of the traffic system is worst than a third world country.

You don't bother and turn around to put the blame on we road users, because if you will to improve the traffic infrasturcture and system, you got no excuse to cheat our money anymore, right?

PAP is no more a caring government for his people. All he care is how to drain us dry and pocket more money for themselves and just pretend that they are doing their best. WTF! Even a primary school student can see through their tricks and you think we can be fool by your wayang show?

We put it very clear forward, if you still want to launder our money and trying to bluff through another four years plus in ruling power, then please pack up and go. I am very keen to change the government in 2016.

Is this only all about cars or is this about how well our country is run? Sure, we are ranked high on the world chart of GDP per Capital. But let me tell you something....I will never ever vote for PAP again as long as COE is above 20K. Why? Because COE is a good indicator how well the country is run with care for its citizen. Why? because when it is high, it is a sign of foreign influx, a sign of over-population, a sign of income gap, a sign of inflation. Therefore COE is not just about car ownership, it's an indicator of whether the government care for its people.

lol taking cab all day is cheaper than getting a new car LOL

It is a cycle for the motor industries. when COE was low the motor repairs industies were in the red and many were compelled to close down. Now, when COE is high the motor repairs industries is soaring and many new shops pop up.

There will be no more PAP if things are going to carry on like this.

Taxi are public transport and are still charged COE,end up taxi operators have to set high rental prices. Because of this, taxi drivers do not earn enough and taxi prices are increased. Result? Passengers are footing the COE bill.

Was told that 60.1% Singaporeans like it this way. Let's move on.