Tag Archives: cars

COE FOR CARS ON THE RISE AGAIN

Category A cars (1600cc and below) closed at S$57,498, up from S$56,209 from 2 weeks ago. Category B cars (1600cc and above) rose to S$62,140, from S$60,789. Open category COEs, which can be used for any vehicle type, rose to S$61,001 from S$57,885.

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LUI TUCK YEW: WE WON’T MODERATE THE SURGE IN COES FOR NOW

In an interview with the media, outgoing Transport Minister Lui Tuck Yew said that the Ministry of Transport (MOT) would not moderate the unusual surge in Certificates of Entitlement (COE), which he expects to begin to fall from mid-2018. The COE quota for motor vehicles is usually determined by the number of cars scrapped or deregistered in the preceding quarter. Analysts have complained that the ups and downs seen recently in the car market causes too much uncertainty and is not good for car dealers.

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SPF FINALLY ARREST HIT & RUN DRIVERS FROM JURONG & SIMEI ACCIDENTS

Police have arrested the suspects who are believed to be behind 2 separate hit and run accidents that took place over the past weeks - one took place on 31st July at Jurong Town Hall Road and the other on Tuesday morning at Simei Road. The 30-year-old driver responsible for the Simei pile up, which involved 8 vehicles along Simei Avenue next to the Institute of Technical Education (ITE) College East was arrested in the vicinity of the National University Hospital. He had fled the scene on foot after causing the accident.

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MAZDA WEBSITE HACKED, USER DETAILS POSSIBLY COMPROMISED

Turkish-based hacker group "Ayyildiz Tim" hacked local car dealer Eurokars Group's Mazda website yesterday, raising fears that details of members and users of the website have been comprosied. Eurokars has defended the security of its customer data collected via the website.

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2ND HAND CAR BUYER SHOCKED, POLICE STOP HER CAR FOR FINES INCURRED BY PREVIOUS OWNER

Last Saturday, a reader drove her second hand car into Malaysia, but was stopped by Malaysian police just before the last checkpoint heading towards the Singapore side of the causeway. She was puzzled and scared as she did not know what they stopped her for - as far as she knew, she had not done anything wrong and she had no outstanding offences in Malaysia. Malaysian police impounded her vehicle, and finally told her that she had to settle 6 outstanding fines attributed to this vehicle in the years between 2004 and 2007. These fines were incurred by the vehicle's previous owner!

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VOLKSWAGEN PLAGUED BY CONSUMER COMPLAINTS ABOUT GEARBOXES

According to the Consumers Association of Singapore (Case), research data shows that Volkswagen has continued to hold the top position for the car company in Singapore that has received the most customer complaints. Volkswagen received 12 car complaints from the start of January 2014 to the first quarter of this year. This is 1 more complaint than its previous year's record. Volkswagen's complaints was more than double of those made by runner up BMW and Mercedes-Benz, which share the second spot. Both brands have had 5 complaints.

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SINKIES SMART ENOUGH TO GET DEGREES, BUT DON’T KNOW HOW TO CROSS ROAD

Just want to share with you 2 incidents that I saw near my workplace this morning. Incident 1, I saw two farking idiots taking their time to cross the road when it was red man the whole time. A car tried to turn and saw them in the way so he honked both of them. The guy behind still don't give a f**k and continue looking at his phone while strolling. Incident 2, During lunch time, I saw these same 2 idiots crossing and only paying attention to each other. Neither one noticed the cab coming up from the side. The cab came so close before stopping that I panicked and shouted at them to look out.

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COE PRICES TO REMAIN HIGH DUE TO HUGE BACKLOG OF ORDERS

Despite the sharp rise in the COE quota for the next three months, COE premiums are still going at exorbitant prices and are likely to remain high. There will not likely be any drop in premiums in future bidding exercises, according to analysts and motor dealers. They say that there is a huge backlog of orders, many from owners of deregistered cars waiting for COE premiums to fall.

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YOUNG MOTHER: AVERAGE SINKIES PRICED OUT OF CAR MARKET

I am a mother of 2, my older son is 3 years old and my younger daughter is 1 year old. I find the current transport situation in Singapore especially frustrating. I want to buy a used car to ferry my kids to school, go for outings and visit their grandparents, but it just doesn't make economic sense! Singapore is the only country in the world where used cars cost more than brand new cars! A bread and butter Japanese car that is 5 years old depreciates at about $11K per year, and that is excluding the higher maintenance cost for an older car. A similar brand new car only depreciates at about $9-$10K per year. How is that logical?

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