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Thread: Sian!! Higher prices for big bikes

  1. #51
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    Quote Originally Posted by MR BIKER View Post
    if this future bike ever comes to singapore, I am sure garment will rubbing their hands with glee. imagine the price alone is US$160000. https://futurism.com/4-this-is-the-s...actually-ride/
    for sure still got some rich kids will buy one.
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  2. #52
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    Perhaps newer riders and less financially inclined will get more discerning and start to look at the proper abilities of a bike instead of an advertised image. Riding passion should also mean doing something with less means.
    Last edited by gargantua; 24-02-2017 at 04:35 PM.
    "Doing nothing is better than being busy doing nothing"

     

     
  3. #53
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    New arf objectives
    (1) COE TO LOWER (failed).coe continue to rise.
    (2) Pay more for"luxury" items( Achieved)
    (2) INCREASE REVENUE FOR GARMENT(ACHIEVED!)

    Same outcome (public)but more Income.(garment)brilliant .

  4. #54
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    can the bikes at 5 to 10k consider luxury?

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    Hi there fellow riders,

    It's not the end. We still can change things for the better.

    We need to come together as one voice to protest this unjustified increment in prices.

    Sign the petition here: https://www.change.org/p/say-no-to-100-arf

    Join the FB page here for updates: https://www.facebook.com/saynoto100ARF

    Sign the petition and share it with your friends. It's super important that we band together in this trying time.

    Because together, as a community of riders, we can make a difference!

    #saynoto100ARF
    Last edited by Jvlz; 25-02-2017 at 01:31 PM.

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    PETITION is not available ???

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    Oops. The URL got contracted. I've mended the link in the original post. You can also sign it here: https://www.change.org/p/say-no-to-100-arf

    Fb page: https://facebook.com/saynoto100ARF

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    So COE unexpectedly shoot up. I'm guessing this is because buyers already book the bikes before the ARF announcement so dealers rush to secure the COE to close the deals.

    We will see a drop in the next COE, perhaps below 6.4K
    Liverpool revival has started....

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    Quote Originally Posted by Jvlz View Post
    Hi there fellow riders,

    It's not the end. We still can change things for the better.

    We need to come together as one voice to protest this unjustified increment in prices.

    Sign the petition here: https://www.change.org/p/say-no-to-100-arf

    Join the FB page here for updates: https://www.facebook.com/saynoto100ARF

    Sign the petition and share it with your friends. It's super important that we band together in this trying time.

    Because together, as a community of riders, we can make a difference!

    #saynoto100ARF
    I am not trying to be a wet blanket, but I'm just very skeptical about the effectiveness of such petition. So what if we can obtain thousands signing this petition? Is this a legit or proper channel to voice? Is there a recognisable organisation behind this movement, e.g. Singapore Motorcycle Trade Association? I really doubt anything will change with such e-petition approach. There is no clear leadership or organisation. There is no plan to start dialogue with government agency led by a community leader, industry representatives, etc. Hence, there is minimum (or zero) pressure to change.

    Let's be real. We can make all the noise that we want on these virtual platforms and I'm sure nothing will happen.

    A formal organisation needs to come forward to lead this movement with strong numbers/facts to discuss with the government on the implication and consequences of this policy. Dealers and industry reps need to add pressure to government agencies by asking for more assistance, as their business is significantly affected (assuming they are). On the other hand, this shall take time for negotiation and change to implement. Sorry if all this sounds like a real bad news to you.... this policy will be here to stay (for a while) and we can only hope that COE really stablise to a lower price to offset some Japanese Class 2 bikes' ARF....

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    Quote Originally Posted by journey View Post
    Let's be real. We can make all the noise that we want on these virtual platforms and I'm sure nothing will happen.
    u r right definitely... U can get even more "signatures" against the water increase and there will be no U Turn fm them.

    My fren said... count our blessings that we have enjoyed "low ARF" for 4 years compared to cars which had their tiered ARF in 2013.

    And there are still 2nd hand bikes which have not increased in price yet. Time to grab them before market has fully adjusted.
    Liverpool revival has started....

     

     
  12. #62
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    Quote Originally Posted by journey View Post
    I am not trying to be a wet blanket, but I'm just very skeptical about the effectiveness of such petition. So what if we can obtain thousands signing this petition? Is this a legit or proper channel to voice? Is there a recognisable organisation behind this movement, e.g. Singapore Motorcycle Trade Association? I really doubt anything will change with such e-petition approach. There is no clear leadership or organisation. There is no plan to start dialogue with government agency led by a community leader, industry representatives, etc. Hence, there is minimum (or zero) pressure to change.

    Let's be real. We can make all the noise that we want on these virtual platforms and I'm sure nothing will happen.

    A formal organisation needs to come forward to lead this movement with strong numbers/facts to discuss with the government on the implication and consequences of this policy. Dealers and industry reps need to add pressure to government agencies by asking for more assistance, as their business is significantly affected (assuming they are). On the other hand, this shall take time for negotiation and change to implement. Sorry if all this sounds like a real bad news to you.... this policy will be here to stay (for a while) and we can only hope that COE really stablise to a lower price to offset some Japanese Class 2 bikes' ARF....

    Heya,

    We're submitting it to the Public Petitions Committee of Singapore so they can order a review of the ARF. It's an official part of Parliament. You can find out more here: https://www.parliament.gov.sg/public...ions-committee

    Ok, let me put it to you in this way: If you buy TOTO, you stand a chance to become a millionaire. No matter how slim the chance, it still exists. If you sign this petition, there's also a chance that the government will re-assess the ARF scheme. If no petitions are submitted at all, the chances of the ARF being re-assessed is effectively 0%.

    So how? Signing this petition is free. TOTO still got to pay money


    Sign it now at www.saynoto100ARF.info !


    Btw, don't expect any association or industry rep to stand up for us. If we as riders don't stand up for ourselves, no one else will bother.

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    Quote Originally Posted by Jvlz View Post
    So how? Signing this petition is free. TOTO still got to pay money
    I like your TOTO idea. Ok lah, I bought your TOTO already!

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    Huat ah!

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    Thanks for the effort

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    Quote Originally Posted by MR BIKER View Post
    i hope my dream comes true. in singapore, we actually dont need high powered, big cc bikes. just your average 600cc to 800c is suffice. even going malaysia, we cant really speed. 110km/hr. if bm, hd , and all the bikes companies want their singapore market, they should downsize their bikes. make a mini version of the GSA. 800cc using the same engine for their 800cc bikes BUT with the same shape and shaft drive but of course slightly lower and lighter.
    honda also can follow suit. making a bronzewing ---- exactly like their goldwing but 750cc to 800cc with shaft drive. it has been done before in the 80s and 70s
    anyway, just a dream because YOU KNOW WHO will wake me up from that dream because they will say, oh no because now you order so many of these 700cc bikes, it has now become a luxury item and many people are bidding for the coe. and guess what . we will introduce a PARF like cars.

    so its a vicious cycle until something snaps
    Did u just say "average 600 - 800 cc"? They are not average at all.
    May 2005 - July 2007: Honda Phantom TA200 (FU 3*** S)
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    Boono

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    Quote Originally Posted by buttbutt8 View Post
    Did u just say "average 600 - 800 cc"? They are not average at all.
    Its the new "average" bro...

    In 10 years, class 2b bikes have dropped by 11% while class 2 bikes have more than doubled, increased by 115%

    https://www.lta.gov.sg/content/dam/l...7_MC_by_cc.pdf

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    Quote Originally Posted by Yahmarhuh View Post
    Its the new "average" bro...

    In 10 years, class 2b bikes have dropped by 11% while class 2 bikes have more than doubled, increased by 115%

    https://www.lta.gov.sg/content/dam/l...7_MC_by_cc.pdf
    Thank you Yamar

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    Quote Originally Posted by Yahmarhuh View Post
    Its the new "average" bro...

    In 10 years, class 2b bikes have dropped by 11% while class 2 bikes have more than doubled, increased by 115%

    https://www.lta.gov.sg/content/dam/l...7_MC_by_cc.pdf

    Someone in LTA also saw the pattern that's y we now have to pay higher ARF for bigger bikes.

    Interesting to note is that for that 10 year or 11 year period from 2006 to 2016, the total bike population grew by 0.4% (yes, less than 1%) while car population was allowed to grow by 27%.
    Liverpool revival has started....

  20. #70
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    Quote Originally Posted by kzone View Post
    Someone in LTA also saw the pattern that's y we now have to pay higher ARF for bigger bikes.

    Interesting to note is that for that 10 year or 11 year period from 2006 to 2016, the total bike population grew by 0.4% (yes, less than 1%) while car population was allowed to grow by 27%.
    ownself check ownself.....
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    Quote Originally Posted by kzone View Post
    Someone in LTA also saw the pattern that's y we now have to pay higher ARF for bigger bikes.

    Interesting to note is that for that 10 year or 11 year period from 2006 to 2016, the total bike population grew by 0.4% (yes, less than 1%) while car population was allowed to grow by 27%.
    So the decline motorcycle population is less important than the minuscule increase in class 2 which attract the bulk of the punitive action. Same as the saying in my signature...
    "Doing nothing is better than being busy doing nothing"

     

     
  22. #72
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    If we account in foreign bikes on the road, maybe the increases are the same.

  23. #73
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    Quote Originally Posted by kaiq View Post
    If we account in foreign bikes on the road, maybe the increases are the same.
    you are very right, thanks for pointing it out
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    Don't want to be a wet blanket guys but loosening of measures like this is harder than loosening up Property Cooling Measures. They recently tweaked this for SSD and TDSR.

    Government here rules like an iron fist so we only have one choice. Save up and buy the one bike that you really really really like. Pain one time and ride for long. There is no choice unless you give up riding coz the lower cc bikes ain't going to cut it for most people due to specifications and designs by bike brands. You only get the best spec if you have a higher cc bike, thats how it works!

    On the bright side, if you really went in to buy a BIG bike now ala 2017 model, you will own a very exclusive model which you will seldom bump into coz there is only so few who can afford now. There is bigger bragging rights now. You gave up a small car to ride a big cc bike. Its a lifestyle choice!

    So work harder is the cue for me. I do not think big cc bikes will ever go away in a big way coz I know those bigger bikes are very often bought by folks who can afford cars (they often have one or even 2) and just want a 2 wheeler lifestyle. When I visit HD showroom, I met lawyers and another accountant biz owner which I am sure they will scream too but still carry on this lifestyle.

    It is lower income folks like me who aspire bigger bikes to dream longer down the road but we will get there one day! When I am not sure...but its not impossible!

    All the best guys! See you on day on the road.

  25. #75
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    If u look at the distribution of successful bids on LTA website. 80% to 90% of car bidders only bid <5% above the successful amount where as for bikes, only 40% bid <5% above. The rest bid much higher. That means that the bike buyers/dealers are prepared to pay much higher than existing premium, about 20% more than current level.
    Liverpool revival has started....

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    COE shot up as expected and bike COE bidders still have appetite for higher prices. Current comfort level seems to be around 8K.

    https://www.lta.gov.sg/content/dam/l..._Bids_2017.pdf

    And those that need to renew COE in the next 2 months better do it now before the next COE bidding exercise.

    PQP will go up by about $500 after end of March bidding and more in subsequent months as the 6kish COEs will replaced with the higher COE prices for the moving average calculation.
    Liverpool revival has started....

  27. #77
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    coe
    arf

    Its time! Skate Scooter Leg Push Powered (Battery no mony buy , Bopian use leg lor ) , awesome post guys made me laugh too "kena stroke stroke issue hahahaha"
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  28. #78
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    lai lo lai lo
    10k coming liao
    一路向北 4 EVER , my friend



  29. #79
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    Quote Originally Posted by wait4me View Post
    lai lo lai lo
    10k coming liao
    Bo bian, bike shop just bid nia... Sure got ppl willing to pay, so long its not them...

    See those bike shop failed to get the COE, how they sell new bike?

    Moreover, high COE = high loan... At 4% per year, easily another few k in their pocket...

    See the bids distribution know already, which bike owner will bid until like that

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    So obvious whoever are the ones doing the bloody bidding
    Unfortunately there is no law in place regulating dealers from manipulating and people are just unaware of bidding on their own

  31. #81
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    I will always maintain its the bike shop who bid this high.

    the question is which one?

     

     
  32. #82
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    Quote Originally Posted by reize View Post
    I think what is going to make it even harder to swallow, and give you an indication that this is nothing more than a government mandated mafia style shake down scam, is that motorcycles are still not eligible for rebates when they deregister before 10 years even after the ARF increase, while cars have had it all the while.
    this is further proof that CPF is half empty, there will be more withdrawals than deposits now when the baby boomers are all retiring,
    the 30% water increase etc etc,
    why oil price dropped by half and yet we pay even more now?
    why car park charges need to increase,

    the reserves are dwindling for sure

    btw don't you guys think that coe bidding both for cars n bikes are somehow like fixed?
    the greenhorn buyers will be advised by the dealers roughly what price to bid every month and this price range will be more or less the same ….
    if it really is a free market then coe bidding will be very volitare and not be so stable…..
    so in a way, the car dealers and bike dealers are helping LTA to keep coe at this high levels
    the consumers suffers ultimately,

    i may be wrong
    any comments?
    Last edited by james bomb; 30-03-2017 at 02:21 PM.

  33. #83
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    I HAVE always got my suspicion. i have no trusted them for many years now especially when I met some of them in my course of work.

    One thing i will never understand is why suddenly 30% water increase. I read somewhere the more feasible one would be the household that use more water should be charge more just as one houshold has more than 2 cars therefore coe should be more for them.

    the last GE many of the 70% voted them thinking they will bring us out of this economic clout. well i hope for them they are right but meanwhile we ALL suffer

  34. #84
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    Quote Originally Posted by MR BIKER View Post
    I will always maintain its the bike shop who bid this high.

    the question is which one?
    take ur pick
    http://www.smcta.org.sg/c-37/executive_committee

  35. #85
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    Quote Originally Posted by Reservoir Cat View Post
    They all in cahoots?
    Current ride: Sprint74's Custom Phantom TA200 Street Tracker
    http://www.singaporebikes.com/forums/showthread.php/460856-Wts-phantom-ta200-street-tracker

  36. #86
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    the higher they bid, the more u all need to pay
    the more u all need to pay , the more u will loan if you cannot pay ..

    intererst gao gao earn .. buy from them , loan from them
    一路向北 4 EVER , my friend



  37. #87
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    dealers won't bid high if there are no buyers. It seems many are still willing to pay the current prices.
    Liverpool revival has started....

  38. #88
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    yes dealers wont bid IF there are no buyers,
    now they bid high high , become take it or leave it.
    一路向北 4 EVER , my friend



  39. #89
    kzone
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    Quote Originally Posted by wait4me View Post
    yes dealers wont bid IF there are no buyers,
    now they bid high high , become take it or leave it.
    n we choose to take it. While the bike prices are ridiculous like our cars, housing and water prices, clearly it remains affordable for the general public. Sure there are people who has been priced out, but there are enough demand to sustain the current prices.
    Liverpool revival has started....

  40. #90
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    the problem is no one will want to wait to get their bike. many dealers will still bid to keep the price hover around that price so that previous bidded COE does suffer loss. Imagine they bid 2 pieces of motorcycle COEs at S$8081/- next moment COE became S$1/- who will want their S$8081 COE...
    Sigh...That why should limit COE bidding to 1 per IC even for company.

  41. #91
    MR BIKER
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    Thats why they group together and call themselves MOTOR TRADER ASSOCIATION. Basically its a union which benefit themselves. while the nitty gritty like advertisement, loan, PR and such each company handle themselves, big things like this the companies will work together

     

     
  42. #92
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    For now, don't give in to the temptation of buying a new bike. You know the price is unfair, don't buy it.

    There are so many used bikes in the market to choose from if you're not super picky on a particular new model that run very well and are in good condition.

    I originally wanted to get my hands on the new 2017 Kawasaki Ninja 650 but after seeing the ARF hike and the current COE prices that is 2k over my previous expectation, I decided to just buy a 2005 ZX-6R from direct seller with 7 years COE left on it, for less than 1/4 of what I'd pay to get a new bike.

    If we the poorer people stop buying new bikes, the motorcycle industry will respond. There are more of us poorer dudes than the actual rich guys who can afford high COEs. Those few people are not enough to prop up an entire industry. The only reason things are as they are is because we are shooting ourselves in the foot and acting against our own interests by buying both new and used machines from dealers when we should just be buying and selling among ourselves as long as the market prices are unreasonable.
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  43. #93
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    http://www.straitstimes.com/forum/le...use-motorbikes

    Extract:
    "The increase in demand for delivery services, such as UberEats and Food Panda, is clearly to blame for the surge in recent Category D COE prices."

    True?

    Also read the comments below.

  44. #94
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    u can check the LTA stats to see registration by makes and also bike population by CC to make ur own conclusion if delivery services are the reason for COE increase.

    my conclusion is that bikers are more willing to pay higher prices for new bikes models now. u can also hang around at driving centres and hear what those taking lessons plan to buy when they get their new licenses
    Liverpool revival has started....

  45. #95
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    Tried looking at their facts and figures, but still can't draw any conclusions.

  46. #96
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    4 dealers were called up by LTA for speculative COE trading... doubt they will be charged for any wrongdoings. Let's see

    but hopefully this will lead to some policy changes in our favour
    Liverpool revival has started....

  47. #97
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    how much will COE drop today?

    I guess back to below 7k level
    Liverpool revival has started....

  48. #98
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    COE drop !! $7589
    Liverpool revival has started....

  49. #99
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    Wait and see for those that already got a bike ........

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    Quote Originally Posted by kzone View Post
    COE drop !! $7589
    Question here is, will it stay, will it drop further, or is this just like pre-election GST pack, and then it shoots back up like MRT and Bus fare after election season as usual.
    Check out my Website! : www.reizeprimus.tk

    Or watch my Youtube channel for more Motovlogs and Motorcycling Content! : www.youtube.com/ReizePrimus

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