I foresee ICE/Hybrid owners.....

[eyz]

Now that the parf is removed, there will be no incentive to scrap the car.

so i foresee ICE/Hybrid car owners will be renewing the COE of their cars after the COE expired << this will probably affect the choices of cars in future, as owners would want reliable model for uses beyond the 10 years.

but renewing COE will contradict the govt plan for all EV registration by 2030, and 100% clean energy vehicle by 2040.

so if the govt cannot penalize you for not scraping your ICE/hybrid car (since no more parf), i predict the govt will impose additional tax (penalty) for car owners to continuing to use ICE/Hybrid car in 2030s.

 

[mgx-alander]

Now that the parf is removed, there will be no incentive to scrap the car.

so i foresee ICE/Hybrid car owners will be renewing the COE of their cars after the COE expired << this will probably affect the choices of cars in future, as owners would want reliable model for uses beyond the 10 years.

but renewing COE will contradict the govt plan for all EV registration by 2030, and 100% clean energy vehicle by 2040.

so if the govt cannot penalize you for not scraping your ICE/hybrid car (since no more parf), i predict the govt will impose additional tax (penalty) for car owners to continuing to use ICE/Hybrid car in 2030s.

they will just up road tax and petrol tax and make it sexpensive for chiu

go in jb petrol up from 75% to 85% or even 90%

 

[sky00sky]

Summoning captain obvious now

 

[RedEyesFan]

EV push is a pump and dump scheme.
That is the hard truth.

 

[volarth]

Your COE renewal is your choice... it does not supersede the Govt's rules on registration ... right?

Too poor to own a car so I never bothered to learn to navi the system.

 

[Orphan]

Now that the parf is removed, there will be no incentive to scrap the car.

so i foresee ICE/Hybrid car owners will be renewing the COE of their cars after the COE expired << this will probably affect the choices of cars in future, as owners would want reliable model for uses beyond the 10 years.

but renewing COE will contradict the govt plan for all EV registration by 2030, and 100% clean energy vehicle by 2040.

so if the govt cannot penalize you for not scraping your ICE/hybrid car (since no more parf), i predict the govt will impose additional tax (penalty) for car owners to continuing to use ICE/Hybrid car in 2030s.

Good analysis.

 

[sky00sky]

EV push is a pump and dump scheme.
That is the hard truth.

and this hard truth benefits the coffers, so instead of the CAR not scrapped or deregistered.
Every new car on the road pay the GST and the ARF. $$$$$$ , in a 10 year cycle most likely due to the EV battery recharging cycle / cost of battery it will MOSTLY scrap.

Huatz..

 

[eyz]

Your COE renewal is your choice... it does not supersede the Govt's rules on registration ... right?

of course govt rules precede. the govt will definitely come up with new rules to discourage ICE/hybrid owners to renew the COE.

 

[Hyperephania]

of course govt rules precede. the govt will definitely come up with new rules to discourage ICE/hybrid owners to renew the COE.

Already have the incremental road tax for COE cars.

Maybe next time increase more + no cap.

 

[standarture]

EV push is a pump and dump scheme.
That is the hard truth.

Lure all the poor chinese EV companies in (actually the SG dealers) then leave them to fend for themselves after their goal is achieved. Classic SG strategy.

 

[sky00sky]

Already have the incremental road tax for COE cars.

Maybe next time increase more + no cap.

Road Tax Surcharge Structure (After 10 Years)

• 10+ to 11 years: 10% surcharge
• 11+ to 12 years: 20% surcharge
• 12+ to 13 years: 30% surcharge
• 13+ to 14 years: 40% surcharge
• 14+ years and above: 50% surcharge
  
  Add 1 more ZERO behind ...
• Gao Tim
  
  
  slowly reduce number of Petrol Kiosk, up petrol price

 

[coyote]

Now that the parf is removed, there will be no incentive to scrap the car.

so i foresee ICE/Hybrid car owners will be renewing the COE of their cars after the COE expired << this will probably affect the choices of cars in future, as owners would want reliable model for uses beyond the 10 years.

but renewing COE will contradict the govt plan for all EV registration by 2030, and 100% clean energy vehicle by 2040.

so if the govt cannot penalize you for not scraping your ICE/hybrid car (since no more parf), i predict the govt will impose additional tax (penalty) for car owners to continuing to use ICE/Hybrid car in 2030s.

Then those BMW, Renault, Peugeot, and Citroën can close shop?

 

[Visor9999]

No choice. Due to pap Govt policies, car owners need to change to EV car asap

 

[Visor9999]

and this hard truth benefits the coffers, so instead of the CAR not scrapped or deregistered.
Every new car on the road pay the GST and the ARF. $$$$$$ , in a 10 year cycle most likely due to the EV battery recharging cycle / cost of battery it will MOSTLY scrap.

Huatz..

Yes this measure is designed to ensure coe is always above 100k and skyrocket beyond due to car owners changing to EV in 2026 and beyond

 

[kreja]

I want to see how the market handles 10yr old EVs first before i buy EVs.

 

[iosnewbie]

Last time park at my block’s MSCP usually can siam parking next to an EV, these days getting more difficult due to rising number of BYDs, Teslas, Zeekr and even electric vans parking there.
The electrification trend seems to be unstoppable.

 

[Sauron]

Then those BMW, Renault, Peugeot, and Citroën can close shop?

Bmw still one of the best sellers

 

[coyote]

Bmw still one of the best sellers

Let's see how's BMW sales from now onwards... This new policy is only one week old, too early to tell. I think most rich BMW owner will sell before their warranty expires and thus performance motor have extended their warranty from 2 years to 5.

 

[Emperor_Hippo]

Bmw still one of the best sellers

BBA cars will never die.

宝马，奔驰，奥迪.

 

[tuxguy]

they will just up road tax and petrol tax and make it sexpensive for chiu

go in jb petrol up from 75% to 85% or even 90%

Not to mention the biggie, distance based road pricing