S1E10: The story behind the 312 “redistributed” motorcycle COEs

The Straits Times Podcasts

The head of the industry body for motorcycle sellers and workshops recounts how the association has been pushing for change, from COEs to rules on safety equipment

Synopsis: The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

With all the attention on certificate of entitlement (COEs) for cars, it is easy to forget about the motorcycles, which are the smallest of all vehicle types on the road.

But as this conversation with Mr Rex Tan, president of the Singapore Motor Cycle Trade Association reveals, the industry body has a big voice, and the Government is listening, from asking for reviews to the COE supply to rules on safety equipment.

Highlights (click/tap above):

4:10 The price is right! If you are talking about motorcycle COE premiums.

15:25 Why the motorcycle insurance premium seems so high

20:40 The practice of penalties for paying back loans early

25:00 What consumers have to do to avoid getting a bad financing deal

26:15 The saying about the rider protecting the motorcycle

27:30 An ongoing push to review motorcycle helmet safety standards

Produced by: Lee Nian Tjoe ([e-mail]), Ernest Luis and Teo Tong Kai

Edited by: Teo Tong Kai

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Special edition series:

True Crimes Of Asia (6 eps): https://str.sg/i44T

The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

Invisible Asia (9 eps): https://str.sg/wuZn

Stop Scams (10 eps): https://str.sg/wuZB

Singapore's War On Covid (5 eps): https://str.sg/wuJa

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Chapters

1. The story behind the 312 “redistributed” motorcycle COEs (00:00:00)

2. Is now a good time to buy a motorcycle? (00:04:10)

3. Why are motorcycle insurance premiums so high? (00:15:24)

4. What is an "early settlement" penalty? (00:20:40)

5. How to avoid getting a bad financing deal? (00:25:00)

6. The rider protecting the motorcycle? (00:26:14)

7. Reviewing motorcycle helmet safety standards (00:27:30)