To all Sinkies who make the same mistake every 5 years and hope for a different outcome.

[jsctan]

It is difficult to put a price on convenience and comfort, so I am prepared to pay for both while owning a car. However, if the govt subsidises or lowers the barrier for entry-level cars so that every middle-class family may afford one, the number of vehicles on the road would result in SG becoming one big carpark. A traffic jam caused by 100,000 Hyundai cars slows down traffic as much as a jam caused by 100,000 Rolls Royces.

It is a simple way to allocate limited resources for the general public. They had created a complicated system and only the rich can afford. Nothing wrong with middle class family affording it as it had always been that way till the COE implementation and now getting out of control. Hence, the middle class are now being marginalised.

As long as you have a quota, it is being controlled. 3000 cars still being renewed monthly by balloting. Only those buying royce rolls need to pay luxury tax. No such jam as visionalised by you as only 3000 cars are balloted monthly.

 

[True Believer]

It is a simple way to allocate limited resources for the general public. They had created a complicated system and only the rich can afford. Nothing wrong with middle class family affording it as it had always been that way till the COE implementation and now getting out of control. Hence, the middle class are now being marginalised. As long as you have a quota, it is being controlled. 3000 cars still being renewed monthly by balloting. Only those buying royce rolls need to pay luxury tax. No such jam as visionalised by you as only 3000 cars are balloted monthly.

The PAP does not wish to frustrate the rich who are able to afford multiple cars. Unfortunately, the COE is a bidding war for a strictly rationed road space, which benefits those who are able to pay over $100K for a piece of paper.

 

[k1976]

It is difficult to put a price on convenience and comfort, so I am prepared to pay for both while owning a car. However, if the govt subsidises or lowers the barrier for entry-level cars so that every middle-class family may afford one, the number of vehicles on the road would result in SG becoming one big carpark. A traffic jam caused by 100,000 Hyundai cars slows down traffic as much as a jam caused by 100,000 Rolls Royces.

Well, our wealth is only valid while we are alive n kicking, enjoy