S1E17: Has pricey car ownership killed youths' desire for cars?

A university professor says his students are not keen on owning a car, while a motor industry expert says that they would, if cars were affordable.  Synopsis: Every third Tuesday of the month, The Straits Times offers expert insights on new vehicles or transportation trends. In this episode, COE Watch host Lee Nian Tjoe invites Associate Professor Raymond Ong from the National University of Singapore, who wrote an opinion piece published in The Straits Times in August which said that the current price of certificate of entitlement (COE) needed to register a mass-market car is more affordable to households in Singapore today than it was in 2013. His other guest is motor trader-turned-consultant Say Kwee Neng. Highlights (click/tap above): 6:15 The reality at the showrooms, where the age of car buyers has changed from 10 years ago  12:05 Car-leasing firms for private hire have changed the game in the demand for COEs 26:20 The danger of the sense of defeatism in youths when cost of a car has reached far beyond their means 35:00 COE and car taxes in deterring ownership "have past a use-by date" 42:00 How much to pay under a distance-based road pricing system or a satellite-based system? Read Assoc Prof Ong's article for ST: https://str.sg/yKAg Read Lee Nian Tjoe's articles: https://str.sg/wt8G Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ Read more COE articles: https://str.sg/iGKC Produced by: Lee Nian Tjoe ([email protected]), Ernest Luis and Teo Tong Kai Edited by: Teo Tong Kai Follow COE Watch Podcast here and get notified for new episode drops: Channel: https://str.sg/iTtE Apple Podcasts: https://str.sg/iqW2 Spotify: https://str.sg/iqgB Feedback to: [email protected] --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 ST Podcast website: http://str.sg/stpodcasts ST Podcasts YouTube: https://str.sg/4Vwsa --- Get The Straits Times' app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX #coewatchSee omnystudio.com/listener for privacy information.