Wednesday, April 7, 2010

COE price is so ridiculous now

Can't beleive it, in such a short period of time, COE price jump more than double.
I have to think ( twice * twice * twice ) before changing my car now :(

Ridiculous ... well , will it raise further ???

First ERP and more ERPsss , now COE and more COE$$$ :( Not happy laio
I suppose, we cannot do anything. And for those that can do something about it, will say it's market driven or to ease traffic lor... Who ask you want to buy car ...
I thought someone before implementing ERP say it is to offset the price of owning a car? (or.. maybe I remember wrongly... anyway noting can be done)

Without a car, I need to spend at least 3 hours daily just to go to work and return home lor. Anyone hear me !!!

8 hours working + 1 hour lunch + 1 hour OT (we work more than that) + 3 hour travelling => 13 hours.
With 8 hours sleep, so leave 5 hours.
OK still need time for other little things like breakfast, dinner, ....
What life style are we talking here? Family time?

What a stressful life ....

... Over 3,800 bids were received for 2,166 pieces of COE in a bidding where premiums rose by as much as 26 per cent.

A piece of Cat A COE, used for small cars of 1,600cc and below, now cost $34,001, up by 19.8 per cent. Similarly a Cat B COE would now cost $45,501, a 26 per cent hike.

Premium for the open category, mostly used for cars, jumped 16.7 per cent to $49,000.

Premiums for commercial vehicles and motorcycles weren't let off either. Both went up to finish at $36,551 and $1,221 respectively.

Read more -> http://motoring.asiaone.com/Motoring/News/Story/A1Story20100407-208995.html

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