Do you think that the Car COE will increase again? - Seedly

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Asked by Anonymous

Asked on 26 Apr 2019

Do you think that the Car COE will increase again?

What do you think a) Keep going to $90k? b) maintain $30k range? c) will go up abit and trend down $20k below?

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Tay WenHao
Tay WenHao

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Level 4. Prodigy
Answered on 28 Apr 2019

This is hard to predict. The 'islandwide GPS ERP system' (by mileage) is coming soon and so far we are still unsure of the cost structure. If the cost for the new ERP system is high then definitely the COE will go down to compensate for the difference. (Also because there will be less demands because of the additional cost of driving)

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