S1E6: Road testing ideas to bring down COE premiums

A motor trader with more than 25 years experience in the industry, gives his perspective. Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends. With the big swings in the price for certificates of entitlement (COEs) in recent tender exercises, ST’s senior transport correspondent Lee Nian Tjoe hosts Mr Nicholas Wong, general manager of Kah Motor, to get his views on some suggestions to address the issue.  Highlights (click/tap above): 2:30 Would COE prices come down if we adopt the “pay as you bid” system? 6:26 Car buyers bid for COEs themselves: Is that advisable? 9:17 Cash payment only for COEs, no financing allowed: How feasible? 13:10 Addressing the problem with electric vehicles in the COE system 18:00 "Let’s just do away with Open category COEs": Mr Nicholas Wong explains why 28:25 The types of hybrid technologies in the market today 38:00 Why hybrids are disadvantaged under the current system Read more here: https://str.sg/if4e Produced by: Lee Nian Tjoe ([email protected]), Ernest Luis and Teo Tong Kai Edited by: Teo Tong Kai Follow COE Watch Podcast here: Channel: https://str.sg/iTtE Apple Podcasts: https://str.sg/iqW2 Spotify: https://str.sg/iqgB Website: http://str.sg/stpodcasts Feedback to: [email protected] Read Lee Nian Tjoe's articles: https://str.sg/wt8G Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ Read more COE articles: https://str.sg/iGKC --- Discover more ST podcast channels: In Your Opinion: https://str.sg/w7Qt Asian Insider: https://str.sg/JWa7 Health Check: https://str.sg/JWaN Green Pulse: https://str.sg/JWaf Your Money & Career: https://str.sg/wB2m ST Sports Talk: https://str.sg/JWRE #PopVultures: https://str.sg/JWad Music Lab: https://str.sg/w9TX Discover ST Podcasts: http://str.sg/stpodcasts --- Special edition series: True Crimes Of Asia (6 eps): https://str.sg/i44T The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2 Invisible Asia (9 eps): https://str.sg/wuZn Stop Scams (10 eps): https://str.sg/wuZB Singapore's War On Covid (5 eps): https://str.sg/wuJa --- Follow our shows then, if you like short, practical podcasts! #coewatchSee omnystudio.com/listener for privacy information.