Reddit zoo077 - Is COE higher due to PHVs?

Mystyque

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How to read the categories ah.

Company cars - does it include PHV cars owned by rental companies?

What is the difference between PHV (self-drive) and PHV (Chauffeur) ?
Thot all PHV are considered Chauffeur driven?

Private Hire Vehicles rented for own use such as GetGo and formerly BlueSG, are self drive.

Grab is chauffeured PHV.
 

pwongkk

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tot this was what everyone was saying
should create a separate COE group for PHV
COE is driven up by the car sellers. They determined the amount. I don't see what is so difficult of letting buyer state the amount they want too bid.

Very sure COE will drop if these car sellers are made responsible for 50% of the loan if buyer defaults. After all, it was them who sold the COE at that amount.

PHVs are just made the scrapgoat. Do they bid the COE on their own and import the cars themselves? They also get from.the major ADs. And these major ADs determine the COE price when selling the car.
 

archie7

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COE is driven up by the car sellers. They determined the amount. I don't see what is so difficult of letting buyer state the amount they want too bid.

Very sure COE will drop if these car sellers are made responsible for 50% of the loan if buyer defaults. After all, it was them who sold the COE at that amount.

PHVs are just made the scrapgoat. Do they bid the COE on their own and import the cars themselves? They also get from.the major ADs. And these major ADs determine the COE price when selling the car.

 

michael_thm

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Assuming a family use their own car to make 4 trips a day.
A PHV driver make 20 trips a day including own family needs.

This mean a PHV car will meet the needs of 5 families.

Aka you need only 20% of the number of cars to meet transport needs of families.

So logically more PHVs = less private cars needed no?

The logic very simple what, more PHV = more people meeting their transport needs using PHV instead of buy cars.

But then EDMW logic is the other way round? More PHV = COE go up up up because higher demands for cars.
 

pwongkk

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I don't think the rental companies bidded their own COEs.

Unless they import the vehicles in themselves, they buy from local ADs also have to pay more if buy the car alone.

A real business won't be doing stupid things to increase their operating costs.
 

iantao99

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Private Hire Vehicles rented for own use such as GetGo and formerly BlueSG, are self drive.

Grab is chauffeured PHV.

If I rent car to do PHV, the car is under what category?

If I buy my own car but do PHV, will be under what category?
 

eversomighty

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COE is driven up by the car sellers. They determined the amount. I don't see what is so difficult of letting buyer state the amount they want too bid.

Very sure COE will drop if these car sellers are made responsible for 50% of the loan if buyer defaults. After all, it was them who sold the COE at that amount.

PHVs are just made the scrapgoat. Do they bid the COE on their own and import the cars themselves? They also get from.the major ADs. And these major ADs determine the COE price when selling the car.
U can choose to bid for your own COE, what is stopping u then? If COE bidding is handle by regular buyers, COE today would be reaching 200k not not like today's figure.
 

pwongkk

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U can choose to bid for your own COE, what is stopping u then? If COE bidding is handle by regular buyers, COE today would be reaching 200k not not like today's figure.
The ADs charge more for buying a car without the COE package.

I don't think the COE will shoot up to 200k. Which fool would bid at this amount?
 

Wu-Han Clan

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walaoeh... say bef mths back... if sinkies are rly as educated as they think cfm will understand the correlation liaoo....

no ned technical deg background... juz open this data table... see the PHV population from 2015 trend upwards then see the COE oso trend tgt....

many ppl oso hv been saying this even bef those PHV rental sagas gt exposed.... which alrdy show is nt so simpur as rent car to do pvt hire... no ned fch 2nd upper to understand one....
 

pwongkk

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Thot the idea of COE is to limit cars on the road.
So, categorising AVs as machinery will skew stats?
Still need COE, but classification as machine since it is not human controlled and not in confined environment.
 

Chunchunmaru

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So many of this generation and a bit of the previous one are living lives completely saddled in debt. The car is a shining example. I don't have any statistics but I'd bet that we're saving comparatively less now than we were 20 years ago, most of it goes to paying off unnecessary interest and keeping heads afloat water. Ours is a horrifying age of consumerism.

All is well and good for now, barely, but the storm has been brewing for probably a decade. When tens of thousands of our own countrymen lose their jobs to AI replacements, the debt will remain and mount with overdue interest, long after the only jobs they've been doing are made redundant, with no viable employment options left available.

What then, PAP? Upskilling has proven to be futile, and 3/4s of these newly unemployed in the future will have diplomas or degrees but can barely put food on the table because suddenly, 3x more people are fighting for that one job.

We are kicking the can down the road and the road is reaching a dead end not too soon. Protect yourselves now, spend prudently, invest safely, work towards a worst case scenario where your savings will be adequate to live off of reasonably a decade from now.
 

singaporean11

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Assuming a family use their own car to make 4 trips a day.
A PHV driver make 20 trips a day including own family needs.

This mean a PHV car will meet the needs of 5 families.

Aka you need only 20% of the number of cars to meet transport needs of families.

So logically more PHVs = less private cars needed no?

The logic very simple what, more PHV = more people meeting their transport needs using PHV instead of buy cars.

But then EDMW logic is the other way round? More PHV = COE go up up up because higher demands for cars.
Can the Mini-stars and MPs take the lead to go "car-free" and use PHV please??? :unsure:
And also penalize those rich people with 2 or more cars (just because they are rich)?
Why the rich people need 2 or more cars in their house and Mini-stars refuse to penalize them as they take up more COE quota that can be allocated to ordinary average people who really need a car to ferry their infants or their old parents to day-care, see doctors, etc and need to pay obscene amount of $$$ for their COE???
 
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