In-depth analysis on the latest issues and trends that matter
- Certificate of Entitlement (COE) prices for cars have been setting new records in recent weeks, causing much angst among aspiring car-owners
- With this, perennial questions over the merits and limitations of the system — such as whether it is working as intended, or needs an overhaul altogether — have been raised by motorists and transport experts alike
- Experts agree that while the system is meant to curb vehicular growth, more can be done to ensure that COE prices are less volatile
- They also weigh in on different suggestions on how to tweak the system
- These include reintroducing a category for mass market cars and imposing a tax on those who buy more than one car
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