Image via Flickr user Jose Luis Cernadas Iglesias
Surprise, surprise! You may remember how LTA re-categorized certain cars from CAT A to CAT B to reduce COE prices based on engine power. Sure, you won’t be seeing the Mazda RX8 or BMW 316i in CAT A anymore. But as Channel News Asia reported, there are still some luxury diesel-powered cars in CAT A that squeaked by the recent re-classification because of low engine power.
This means 2 things – 1) COE prices won’t be going down too much anytime soon because of these luxury diesel-powered cars still on Class A and 2) If you’re in the market for a new luxury car that’ll save you money on fuel, maintenance, and the cost COE, you better buy it now because I don’t think these cars will in CAT A for long.
Here’s a little more info on why diesel-powered cars are worth buying:
Interested in Switching Over to Diesel?
You already know that buying a new car is a horrible investment! By the time you’ve finished paying for COE, OMV, GST, and ARF, you’ve already forked over enough cash to buy a 3-Room BTO flat, or a platoon of T-72 tanks (I’m not kidding).
But if you’re dead set on either trading in your current car or have the capital to get yourself a new car this 2014, you need to consider buying a diesel car. True, they’re about as rare in Singapore as the slow loris and slightly more expensive than normal cars, but there’s a reason why they’re so popular in places like Europe – they’re fuel efficient, reliable, and attractive.
by Jeff Cuellar
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