New ERP gantries catch some motorists by surprise

I was browsing through website of channelnewasia when I saw this piece of article "New ERP gantries catch some motorists by surprise". Apparently, 5 new ERP gantries were activated on Monday and there were some motorists who were not aware of it.

So what they did was to stop in the middle of the road to insert their CashCards while other got off the car. Can you imagine how dangerous it is going to be especially for the cars behind them. It could have caused a major chain accident. Anyway, apart from that, I realized it is getting more and more expensive to drive in Singapore. For the past 6 months, we have seen the increase of petrol prices, the no. of COEs being cut down and now the gradual introduction of ERPs into the heartlands. All these contribute to the high cost of maintaining a car. So do you really know what are the costs involved to maintain your dream Ferrari and Porsche? Let me show you =)

• Road Tax (Close to $1000 every 6 months)
  
• Radio Licence Fee (Unless you don't want to have a radio in your car)
• Petrol (Average $90 for full tank)
  
• Parking (Season Parking at HDB is about $65 per month while CBD is $250 per month)
  
• Insurance
• Maintenance (Your car needs to see a doctor once in a while as well)
• ERP (More gantries and higher rates. You definitely won't miss it. haha)

Please be mindful that all these costs are recurring which means you will need to pay again as long as you keep driving your car. As for the detailed calculation, it really depends on your usage because many listed here are variable costs. So better think twice before you buy a car!

Before I go, here are some pictures of my dream car =)