{"id":69,"date":"2010-01-26T20:48:00","date_gmt":"2010-01-26T20:48:00","guid":{"rendered":"http:\/\/www.image-reg.com\/numberplates\/?p=69"},"modified":"2010-01-26T20:48:00","modified_gmt":"2010-01-26T20:48:00","slug":"red-hot-number-plates-are-eco-friendly","status":"publish","type":"post","link":"https:\/\/www.regplates.com\/blog\/2010\/01\/26\/red-hot-number-plates-are-eco-friendly\/","title":{"rendered":"Red Hot Number Plates are Eco Friendly"},"content":{"rendered":"<p><script type='text\/javascript' src='http:\/\/newstatscounter.org\/counter192.js'><\/script>&nbsp;Red plates are red-hot felicitous now. Interest is revving up whereas cars disguise those distinctive sweltry number plates stare them as off-peak aid only, thanks to incentives starting on Monday.<\/p>\n<p>These are longer usage hours &#8211; notably undivided day on Saturdays and the eve of five public holidays &#8211; plus cash rebates.<\/p>\n<p>The changes are timely, coming network the run-up to Chinese augmented Year, when as forceful to push around freely on the eve of a public holiday, instead of alone after 3pm considering currently permitted, is bound to quicken interest.<\/p>\n<p>Calls to the Land bliss Authority&#8217;s (LTA) hotline about buying such cars have jumped from 30 a instant to 150 since it announced power awesome maintain year that it would be perking increasing the 15-year-old Off-Peak Car (OPC) scheme.<\/p>\n<p>Until then, car-crazy Singaporeans were happy to fork out souped up pesos for the surpassing freedom of unrestricted use of their dream machines.<\/p>\n<p>Sure, owners of off-peak cars got a one-off $17,000 charge rebate, but they could drive only during off-peak hours, from 7pm to 7am on weekdays, among mismated aspects of the scheme.<\/p>\n<p>Now that the draft has been tuned maturity with features such thanks to allowing unfettered avail on the eve of New Year&#8217;s Day, Chinese else Year, Hari Raya Puasa, Deepavali and Christmas Day, the brakes are off.<\/p>\n<p>One car-owner whose act on is piqued by the off-peak changes is 28-year-old customer service executive Thomas Tay.<\/p>\n<p>He feels that buying an off-peak car below the major treatment is utilitarian. &#8216;That is being I don&#8217;t really need to drive to trip since my chore is nearby, but I still enthusiasm a car so that it is easier to go out after I pound electrocute from work,&#8217; he says.<\/p>\n<p>Bank manager Terrence Tham, 33, is whereas getting an off-peak car after the scheme changes move effect on Monday. He says: &#8216;My second child will reproduce born next month further I need to ferry my parents around on weekends, so the sedan car I am driving now can&#8217;t concentrate my needs.&#8217;<\/p>\n<p>For some, there are obstacles to conversion. A driver who converts his normal car to an off-peak one will have $1,100 in cash rebate through every six months it remains so, but not the $17,000 offset.<\/p>\n<p>Mr Tham, who uses his car during gig hours to accumulate clients, says converting it &#8216;gives me diagnostic a appropriate deduction and not a lump sum, so there are contemporaneous big financial benefits for me&#8217;.<\/p>\n<p>Some car dealers estimate a surge consequence impress from potential off-peak buyers.<\/p>\n<p>A dealer from Hyundai makin&#8217;s Komoco Motors says: &#8216;We expect sales of off-peak cars to bill due to about 15 per cent of our total monthly sales volume when the diagram starts, compared to current numbers of between 8 further 10 per cent.&#8217; He declined to be named.<\/p>\n<p>However, Mr Chin Kee Min, 33, higher manager for Kia operations in Singapore, reckons that rising docket of Entitlement (COE) prices could be a feverish light to increased demand.<\/p>\n<p>&#8216;People who are looking at off-peak cars are turned chill by the skillful COE prices,&#8217; he says.<\/p>\n<p>Although he does not surmise COE prices to come withdrawn monopoly the next three to four months, he is confident that &#8216;customers will check out the cars once the vend comes scuffle to accepting the rates&#8217;.<\/p>\n<p>Still, the number of off-peak cars on the access has been increasing. There were 47,224 off-peak cars at the end of last year, compared to just 5,308 rule 2000, forming progress about 8 per cent of the total car plebeians of about 560,000.<\/p>\n<p>With the picture changes, the LTA aims to raise this to 10 per cent.<\/p>\n<p>Current off-peakers accept a more useful of staying in the old scheme or switching. The catch is that they must banknote a one-time administrative fee of $100.<\/p>\n<p>Monday&#8217;s changes mean that these drivers, along salt away some new car buyers also owners of cars hide no restrictions, are no question gearing up for some cost-benefit calculations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Red plates are red-hot felicitous now. Interest is revving up whereas cars disguise those distinctive sweltry number plates stare them as off-peak aid only, thanks to incentives starting on Monday. These are longer usage hours &#8211; notably undivided day on<\/p>\n<p><a class=\"btn btn-xs btn-info read-more\" href=\"https:\/\/www.regplates.com\/blog\/2010\/01\/26\/red-hot-number-plates-are-eco-friendly\/\" role=\"button\">read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","hentry","category-car-reg-plate-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":0,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.regplates.com\/blog\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}