Motor Traders Association proposes using car length to distinguish mass-market cars in COE review
The LTA is looking at reviewing the COE categorisation framework to better differentiate mass-market cars from non-mass-market ones.
The Motor Traders Association (MTA) has suggested incorporating vehicle length as a new criterion to differentiate COE prices for mass-market cars in Singapore. This proposal comes in response to the Land Transport Authority (LTA)'s plan to merge existing COE car categories, merging mass-market and higher-end models into a single pool.
LTA is considering using a rebate and surcharge system to better distinguish the prices of certificates for these two categories. The MTA believes that using vehicle length alongside existing engine size and power output criteria could help prevent overcrowding in the mass-market category, which would benefit both consumers and manufacturers.
They also propose using a fixed OMV threshold, rather than the median OMV of previously registered models, to ensure that the criterion reflects current market conditions. The MTA's suggestions aim to maintain a clear distinction between mass-market and non-mass-market cars while simplifying the COE pricing structure.
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