Viewed : 76,163 times

Recommended Articles

With the new Vehicular Emissions Scheme kicking in, here's a breakdown of how it affects the banding and pricing of some popular car models in Singapore.

Category: Car Buying Advice

The story:
With the new Vehicular Emissions Scheme (VES) kicking in on 1st January 2018, here's a list of popular car models and their respective bandings before and after the implementation of the VES.

The VES, which replaces the outgoing CEVS, will run for two years
Key facts you must know:

1. The VES has replaced the outgoing Carbon Emissions-based Vehicle Scheme and will run for two years starting from 1st January 2018.

2. The new scheme will be reviewed again before it expires.

3. Under the VES, four more pollutants will be taken into consideration on top of carbon dioxide.

Why you should care:

1. With the implementation of stricter vehicle emissions standards, some popular car models may see a significant change in their rebates or surcharges.

2. Whether you like it or not, the change in rebates and surcharges, as well as its effect on new car pricing, is here to stay for the next two years.

Editorial reaction:

Based on the popularity of these models and the fact that several of them are relatively new to the market, these are the groups of vehicle buyers that will be the most affected by the VES.

Looking at these numbers, cars in the ~$100,000 price range are considerably more affected by the VES than those sitting higher up in the price range, as the effects of the new banding will disproportionately affect cheaper cars.

Models CEVS Band Rebate/Surcharge VES Band Rebate/Surcharge
BMW 5 Series Sedan 530i B Neutral B Neutral
Honda Civic 1.6 VTI CVY B Neutral B Neutral
Honda HR-V 1.5 DX CVT A4 $5,000 Rebate B Neutral
Hyundai Elantra AD 1.6 B Neutral B Neutral
Mazda3 Sedan 1.5 A4 $5,000 Rebate B Neutral
Mercedes-Benz E-Class E200 B Neutral B Neutral
Mitsubishi Attrage 1.2 CVT A3 $10,000 Rebate A2 $10,000 Rebate
Nissan Qashqai 1.2 DIG-T CVT A4 $5,000 Rebate B Neutral
Toyota Corolla Altis 1.6 CVT A4 $5,000 Rebate B Neutral
Toyota Prius Hybrid 1.8 CVT A1 $30,000 Rebate B Neutral
Volkswagen Golf TSI A3 $10,000 Rebate B Neutral
  • Email

You may also like

1-10 of 20