COE rising !

COE is rising as the authorities control the amount of COE and keep it in relation to the amount of car being scrap.  From a simplistic point of view, it's a supply and demand issue. 

I would consider COE as a additional fee and from past experience with high COE, those car with high COE will be scrapped around 5 years old when the COE drop and then the cycle will be reversed - more COE on the market.

From  a stewardship point of view,  I think getting a used car is better for the pocket as well as using the earth resources wisely.  Imagine the amount of energy, material etc use to fabricate and assemble the car.  Will probably used my 6.5 year old car, which has already clocked 191000 km till it meet the criteria set in this post.  My car has brought the family to round the pensinular of West Malaysia (Penang - Gerik - Trengganu).  Maybe this car will bring us to Krabi and Phuket, Thailand.

Blessed day!