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Old 18-01-2016, 09:11 PM
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Originally Posted by Unregistered View Post
there's no official news about scaling back. but everyone is speculating when will LTA implement claw back? Reason is every bidding quarter, the quota is expected to rise. It will snowball. If LTA dont take this chance to claw back, imaging what will happen when they suddenly decided to announce clawback in 2017!! by that time, there are no more tsunami of quota. the COE will balloon to $200k. Car sales man will lose their job. The car industry will collapse!

I really hope the LTA can do something right. Announce the claw back now, and redistribute to the famine years. Please dont repeat the same mistake twice!
Let's all hope that COE will crash to $5k soon so that we can all change to a new car now.

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