Inexpensive But Efficient Cars May Not Get Full CEVS Rebate
The Carbon Emissions-Based Vehicle Scheme (CEVS) which will be implemented in 2013, will be in a form of an offset against the vehicle’s Additional Registration Fee (ARF) where a maximum rebate of $20,000 will be given for those models which emit less than 100 g/km under the combined cycle. But it seems like small and […]
New Car Emissions For Vehicles – Rebate Surchage
As announced by the Minister for Finance during the 2012 Budget Statement and the Minister for Transport during the Committee of Supply 2012, a new Carbon Emissions-Based Vehicle Scheme (CEVS) will be implemented in 2013. According to LTA, all new cars, newly imported used cars and taxis registered from 1 January 2013 with low carbon […]
New COE Quota System Will Take Effect This August 2012
As every car owner in Singapore knows, COE was implemented to control the numbers of cars on the road to avoid road scarce and traffic jams. And now that January has ended, a new six-month quota period (February-July 2012) comes and is now believed to be every aspiring or current car owners’ last chance to […]
One Car Stolen in Singapore Every Four Days
It was reported that there were 85 cars that were stolen in Singapore last year, averaging one car every four days. Easy targets are usually those cars that are often left unlocked or with their keys in the ignition. Older cars are also key targets due to their worn-out locks which make it easier to […]
COE Quota Reduction For August 2011 to January 2012
The Certificates of Entitlement (COEs) quota for the period August 2011 to January 2012 will be 22,324. Details of the quota for each vehicle category are at Annex A. Bidding under this quota will start with the August 2011 First Open Bidding Exercise. The COE quota consists of the following components….