To The Moon

Owning a car in Singapore is not necessary unless there are reasons for you to own one (i.e. having a family with young children, elderly parents, etc). Of course some people have the [USD]  [USD]  [USD]  [USD]  to splurge on many carsssss...[Sly]  [Sly]  [Sly]  [Sly]  [Sly]  wish I am one of these people but sadly no...[Facepalm]  [Facepalm]  [Facepalm]   For a lazy bum bum  like me, better to not own  one because I would drive instead of walk [Silence]  [Silence]  [Silence]  (had experienced  before...) [Tongue]  [Tongue]  [Tongue]   Anyway, unless it's necessary, won't be own

To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents. Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile. Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the "general election is approaching", if you know what I mean 🤫 There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid spending beyond our means.

🌟🌟🌟One of the most expensive items to own in Singapore next to a house is to own a car.  It is simply mind boggling how much we have to pay for COE or Certificate of Entitlement and that is only the starting point and it is only valid for 10 years.  That is not even a car. However just  imagine if there is no COE, what would happen to our roads?  If the car ownership is allowed to increase unfettered?  Driving can be a nightmare with daily traffic jams and work productivity would be affected. I currently own a Mitsibishi Outlander for the last 8 years and soon I need to replace the car with another one.  I have looked after the car well and sent it for regular servicing.  A good car like this can last well over 10 years but I have to send for sc

I am not 😭😭😭😭😭😭

Just bought a 2nd hand car last year due to change of job and job requirement... COE prices are simply insane, especially for new cars which easily hits above 100k for entry level car. I calculated that 2nd hand car gives more value compared to getting a new car. Even so, it's nonsensical as the COE only allows driving for 10 years and cost around 100k, when we compare to buying a small public housing in Singapore of 300-400k which last for 99 years, it simply doesn't make sense.  The COE system is dependent on demand and supply. The narrative is that cos Singapore govt capped car growth, only when 1 car exit the system, then another car can enter the system. Hence, everyone is competing within the same pool. The issue is that when the system started, there are stretches of years with

🌟🌟🌟One of the most expensive items to own in Singapore next to a house is to own a car.  It is simply mind boggling how much we have to pay for COE or Certificate of Entitlement and that is only the starting point and it is only valid for 10 years.  That is not even a car. However just  imagine if there is no COE, what would happen to our roads?  If the car ownership is allowed to increase unfettered?  Driving can be a nightmare with daily traffic jams and work productivity would be affected. I currently own a Mitsibishi Outlander for the last 8 years and soon I need to replace the car with another one.  I have looked after the car well and sent it for regular servicing.  A good car like this can last well over 10 years but I have to send for sc

Just bought a 2nd hand car last year due to change of job and job requirement... COE prices are simply insane, especially for new cars which easily hits above 100k for entry level car. I calculated that 2nd hand car gives more value compared to getting a new car. Even so, it's nonsensical as the COE only allows driving for 10 years and cost around 100k, when we compare to buying a small public housing in Singapore of 300-400k which last for 99 years, it simply doesn't make sense.  The COE system is dependent on demand and supply. The narrative is that cos Singapore govt capped car growth, only when 1 car exit the system, then another car can enter the system. Hence, everyone is competing within the same pool. The issue is that when the system started, there are stretches of years with

Owning a car in Singapore is not necessary unless there are reasons for you to own one (i.e. having a family with young children, elderly parents, etc). Of course some people have the [USD]  [USD]  [USD]  [USD]  to splurge on many carsssss...[Sly]  [Sly]  [Sly]  [Sly]  [Sly]  wish I am one of these people but sadly no...[Facepalm]  [Facepalm]  [Facepalm]   For a lazy bum bum  like me, better to not own  one because I would drive instead of walk [Silence]  [Silence]  [Silence]  (had experienced  before...) [Tongue]  [Tongue]  [Tongue]   Anyway, unless it's necessary, won't be own

To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents. Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile. Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the "general election is approaching", if you know what I mean 🤫 There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid spending beyond our means.

I am not 😭😭😭😭😭😭