Re: Hello from Singapore
Posted: Mon Feb 29, 2016 7:46 pm
It's how they control the number of private vehicles on the roads. There's tolls as well.
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Spot on! Basically they turn it into a "supply and demand" model, just that they play a part in making sure that supply of this COE is always lower than demand, to keep the COE value high. End of the day, its revenue for them.Moise wrote:It's how they control the number of private vehicles on the roads. There's tolls as well.
We gotta buy the COE paper overtime we buy new vehicles. We too can't figure it out why we can't just transfer over the remaining years left of the paper to the next vehicle.LOCKE wrote:Do you have to pay that every time you change car/bike?
i can mate - its called fucking greedmeng wrote:We gotta buy the COE paper overtime we buy new vehicles. We too can't figure it out why we can't just transfer over the remaining years left of the paper to the next vehicle.LOCKE wrote:Do you have to pay that every time you change car/bike?