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asked about COE Renewal

almost 2 years ago

Why do Singaporeans still drives even with the rise of COE pricing?

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How can we assist you?

1 Answer

0
Khaliesah

Hi there! Basically, the idea of COE is to try influence demand by controlling price. Singaporeans who bought a vehicle despite the costly price would be cautious in their use. Also, some drivers have a reason of their own.

We have written an article on why the COE fails at discouraging Singaporeans From Driving. Check it out:
www.bit.ly/2P0UlLD

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almost 2 years ago