What is LTA is proposing and why?

Will COE prices come down?

How would a rebate and surcharge system work?

Can dealers game the system?

More ‘feebate’ bands could ensure fairness

Will LTA ever tackle high COE prices?

Should private hire cars get a surcharge?

Is owning a car now a luxury?

Will COE prices for cars fall if there is just one COE category for cars, with a tiered surcharge or rebate depending on the vehicle’s open market value?

These are some changes that the Land Transport Authority (LTA) proposed on Oct 8, as part of a review of the COE system.

This comes as the gap between Category A and B premiums has narrowed, making the distinction between mass-market and higher-end cars less clear.

In this episode of The Usual Place, Natasha speaks to ST’s senior transport correspondent Lee Nian Tjoe and NUS associate professor Timothy Wong, who researches transportation and urban economics.

How will the proposed changes affect the market? Will car dealers game the system?

And if you’re in the market for a new car, should you buy now or wait until proposed changes kick in? Watch or listen to the podcast to find out.

Highlights (click/tap above):

1:20 What is LTA is proposing and why?

5:21 Will COE prices come down?

7:13 How would a rebate and surcharge system work?

12:07 Can dealers game the system to get into lower OMV tiers?

17:03 More ‘feebate’ bands could ensure greater fairness

25:24 Will LTA ever tackle high COE prices?

29:24 Should private hire cars get a surcharge?

35:31 Is owning a car now a luxury?

If you would like to give feedback on LTA’s proposal, go to: https://go.gov.sg/coe-pcd-feedback

Host: Natasha Ann Zachariah (natashaz@sph.com.sg)

Read Natasha’s articles: https://str.sg/iSXm

Follow Natasha on her IG account and DM her your thoughts on this topic: https://str.sg/8KNT

Follow Natasha on LinkedIn: https://str.sg/v6DN

Follow The Usual Place podcast on IG:   / theusualplacepodcast 

Follow Natasha on LinkedIn: https://str.sg/v6DN

Filmed by: Studio+65

Edited by: Eden Soh & Yang Jiesan Cruz

Executive producer: Danson Cheong

Producers: Natasha Ann Zachariah, Elizabeth Law & Zachary Lim

Follow The Usual Place Podcast and get notified for new episode drops every Thursday:

Channel: https://str.sg/5nfm

Apple Podcasts: https://str.sg/9ijX

Spotify: https://str.sg/cd2P

YouTube: https://str.sg/theusualplacepodcast

Feedback to: podcast@sph.com.sg

SPH Awedio app: https://www.awedio.sg

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#tup #tuptr

Will COE prices for cars fall if there is just one COE category for cars, with a tiered surcharge or rebate depending on the vehicle&rsquo;s open market value?
These are some changes that the Land Transport Authority (LTA) proposed on Oct 8, as part of a review of the COE system.
This comes as the gap between Category A and B premiums has narrowed, making the distinction between mass-market and higher-end cars less clear.
In this episode of The Usual Place, Natasha speaks to ST&rsquo;s senior transport correspondent Lee Nian Tjoe and NUS associate professor Timothy Wong, who researches transportation and urban economics.
How will the proposed changes affect the market? Will car dealers game the system?
And if you&rsquo;re in the market for a new car, should you buy now or wait until proposed changes kick in? Watch or listen to the podcast to find out.
Highlights (click/tap above):
1:20 What is LTA is proposing and why?
5:21 Will COE prices come down?
7:13 How would a rebate and surcharge system work?
12:07 Can dealers game the system to get into lower OMV tiers?
17:03 More &lsquo;feebate&rsquo; bands could ensure greater fairness
25:24 Will LTA ever tackle high COE prices?
29:24 Should private hire cars get a surcharge?
35:31 Is owning a car now a luxury?
If you would like to give feedback on LTA&rsquo;s proposal, go to: <a href="https://go.gov.sg/coe-pcd-feedback">https://go.gov.sg/coe-pcd-feedback</a>
Host: Natasha Ann Zachariah (natashaz@sph.com.sg)
Read Natasha&rsquo;s articles: https://str.sg/iSXm
Follow Natasha on her IG account and DM her your thoughts on this topic: https://str.sg/8KNT
Follow Natasha on LinkedIn: https://str.sg/v6DN
Follow The Usual Place podcast on IG: &nbsp; / theusualplacepodcast&nbsp;
Follow Natasha on LinkedIn: https://str.sg/v6DN
Filmed by: Studio+65
Edited by: Eden Soh &amp; Yang Jiesan Cruz
Executive producer: Danson Cheong
Producers: Natasha Ann Zachariah, Elizabeth Law &amp; Zachary Lim
Follow The Usual Place Podcast and get notified for new episode drops every Thursday:
Channel: <a href="https://str.sg/5nfm?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/5nfm?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/5nfm</a>
Apple Podcasts: <a href="https://str.sg/9ijX?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/9ijX?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/9ijX</a>
Spotify: <a href="https://str.sg/cd2P?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/cd2P?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/cd2P</a>
YouTube: <a href="https://str.sg/theusualplacepodcast?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/theusualplacepodcast?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/theusualplacepodcast</a>
Feedback to: <a href="mailto:podcast@sph.com.sg?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="mailto:podcast@sph.com.sg?ref=inline-article" aria-label="link" data-testid="custom-link">podcast@sph.com.sg</a>
SPH Awedio app: <a href="https://www.awedio.sg/?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://www.awedio.sg/?ref=inline-article" aria-label="link" data-testid="custom-link">https://www.awedio.sg</a>
---
Follow more ST podcast channels:
All-in-one ST Podcasts channel: <a href="https://str.sg/wvz7?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/wvz7?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/wvz7</a>
Get more updates: <a href="http://str.sg/stpodcasts?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="http://str.sg/stpodcasts?ref=inline-article" aria-label="link" data-testid="custom-link">http://str.sg/stpodcasts</a>
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Get The Straits Times app, which has a dedicated podcast player section:
The App Store: <a href="https://str.sg/icyB?ref=inline-article" aria-label="link" data-testid="custom-link"></a><a href="https://str.sg/icyB?ref=inline-article" aria-label="link" data-testid="custom-link">https://str.sg/icyB</a>
Google Play: <a href="https://str.sg/icyX">https://str.sg/icyX</a>
--
#tup #tuptr

Natasha and her guests unpack the latest current affairs, every Thursday.

Synopsis: Join host and correspondent Natasha Ann Zachariah every Thursday, as she unpacks the latest current affairs with guests. 

Podcaster: Natasha Ann Zachariah

Executive producer: Danson Cheong

A podcast by The Straits Times, SPH Media

Synopsis: Join host and correspondent Natasha Ann Zachariah every Thursday, as she unpacks the latest current affairs with guests.&nbsp;
Podcaster: Natasha Ann Zachariah
Executive producer: Danson Cheong
A podcast by The Straits Times, SPH Media

The Usual Place

Synopsis: Join host and correspondent Natasha Ann Zachariah every Thursday, as she unpacks the latest current affairs with guests.

Podcaster: Natasha Ann Zachariah

Executive producer: Danson Cheong

A podcast by The Straits Times, SPH Media

Synopsis: Join host and correspondent Natasha Ann Zachariah every Thursday, as she unpacks the latest current affairs with guests.
Podcaster: Natasha Ann Zachariah
Executive producer: Danson Cheong
A podcast by The Straits Times, SPH Media