tag:blogger.com,1999:blog-1488567619868612722.post8476708152680852496..comments2023-03-16T23:53:08.481+08:00Comments on Singapore Motoring: COE Prediction - January 2009 2nd Bidding Exerciseskxlyhttp://www.blogger.com/profile/08605656934820549494noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1488567619868612722.post-2882687699059725672009-01-19T22:57:00.000+08:002009-01-19T22:57:00.000+08:00Jerry, IMO the government will not reduce ARF sinc...Jerry, IMO the government will not reduce ARF since it is universally applied across all motorist and hard to undo when good times return. One probable carrot is road tax rebate to goods vehicles to help struggling businesses combat the economic crisis. Another change may be introduced on the road tax structure for cars with renewed COE (>10 years) to make it more costly for such cars as PQP is trending down and go against the target to ensure only road-worthy vehicles are on the roads. <BR/><BR/>Interest rate? No comment as I am not a trained finance person to advise on that. I think it is trending up to balance with the higher risk of default and lower volume.skxlyhttps://www.blogger.com/profile/08605656934820549494noreply@blogger.comtag:blogger.com,1999:blog-1488567619868612722.post-64482322897773550362009-01-16T16:38:00.000+08:002009-01-16T16:38:00.000+08:00Hi,Nice informative website you have here! It's a ...Hi,<BR/><BR/>Nice informative website you have here! It's a pity that I only chance upon it today. But I am sure I will frequent your website for more information on the cost of car ownership! I have learnt quite a number of things going through your past entries!<BR/><BR/>By the way, your prediction for the COE is very accurate!<BR/><BR/>Can I ask for your opinion? Do you think the Goverment will reduce the ARF in the Budget 2009 annoucement? Would like to predict if that will reduce the cost of cars further.<BR/><BR/>Secondly, something that is puzzling me is the increase of car financing interest rates across the board in the beginning of Jan 2009. I though that is against the norm since interest rates should normally be on the downward trend to further stimulate consumer spending? Care to share your view?<BR/><BR/>Cheers,<BR/>JerryJerryhttps://www.blogger.com/profile/02173179448350956057noreply@blogger.com