Blogger: "The Mysterious case of Taxis and Cat A COE"

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Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby HopeandSorrows » Fri Apr 20, 2012 12:05 am

We have some spare cash and we contemplated buying a car but the crazy COE prices is making us hold back!

Until my hubby told me that TAXIES COMPANIES ARE ALSO BIDDING WITH THE REGULAR SIMPLE FOLKS LIKE US! :yikes: :scared:

I google around and found this from mycarforum. :oops:

http://unbrandedbreadnbutter.wordpress. ... cat-a-coe/

:siao:

MR LUI TUCK YEW! WE JUST WANT TO GET OUR OWN VEHICLE ALSO SO DIFFICULT MEH?!!!

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby AC_Power » Fri Apr 20, 2012 10:27 am

Just save a copy of this blog. We shall take it out and read again in 2016.

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby 3Boys » Fri Apr 20, 2012 7:55 pm

I agree lumping Taxis with private cars for COE bidding is illogical. The road usage pattern is completely different, passenger carriage is different, and in low COE availability years (like now), they can potentially crowd out private car buyers. And guess what, they can recover costs by raising fares for the wannabe car buyer for whom they have just displaced.

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby chenwj » Thu Apr 26, 2012 12:43 pm

We bought our car when the COE was low then. Don't know why LTA classify Taxi COE like that. Makes no sense.

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby concern2 » Mon Apr 30, 2012 10:13 am

Snowballing of costs - consumers at the losing end.

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby winchester » Mon Apr 30, 2012 10:19 am

HopeandSorrows wrote:We have some spare cash and we contemplated buying a car but the crazy COE prices is making us hold back!

Until my hubby told me that TAXIES COMPANIES ARE ALSO BIDDING WITH THE REGULAR SIMPLE FOLKS LIKE US! :yikes: :scared:

I google around and found this from mycarforum. :oops:

http://unbrandedbreadnbutter.wordpress. ... cat-a-coe/

:siao:

MR LUI TUCK YEW! WE JUST WANT TO GET OUR OWN VEHICLE ALSO SO DIFFICULT MEH?!!!


another good post from the blogger. this part on why there is no separate coe for cabs strikes a chord with me,

"Also, why aren’t COEs of taxis placed together with commercial vehicles as they are instruments of business? And like goods vehicles, taxis are on the road much longer (contributing more CO2 emissions) than normal private cars."

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Re: Blogger: "The Mysterious case of Taxis and Cat A COE"

Postby chenwj » Fri May 11, 2012 1:08 pm

it's dropping a little:

http://www.sgcarmart.com/news/article.php?AID=6093
09 May 2012

Category A, for cars of engine capacities below 1600cc and for taxis, dropped by $1,601 to end the bidding tender at $62,600.

Category B, for cars of engine capacities above 1600cc, continues to see rise in premiums, ending the bidding tender at $92,050, a $1,050 increase from $91,000 in the last exercise.

Category E COEs (Open Category) saw the greatest decrease in this round of bidding, a $3,020 drop to end the bidding tender at $88,990.

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