No, I am not talking of COE or ERP but another cockamamie scheme by the transport authorities that causing lots of anguish for owners of heavy vehicles.
I am referring to another 3 letter acronym, the VPC.
The VPC or Vehicle Parking Certificate affects owners of heavy vehicles like prime movers, buses, lorry-cranes and trailers. It came about in 1994 as a result of 'complaints' about irresponsible parking by the heavy vehicle owners. So the wise sages came up with this scheme that sounds very nice on paper.
Every heavy vehicle must have a VPC which proves that you have an allocated parking lot reserved for your vehicle. You can get a VPC from URA or HDB for one of their lots at only $6. Sounds like a real bargain. $6 is not the season parking fee , its just for the piece of paper, like the COE.
You need a new VPC to renew your road tax every six months.
The catch here is that there are only 9,097 URA/HDB lots available (according to the LTA Onemotoring website).
HDB will issue only to drivers who live in the vicinity and URA issues on a first come first served basis. Practically all lots have been taken and the waiting list is 5 years!
According to LTA's published 2011 figures, there are 176,814 heavy vehicles in Singapore.
So how do you fit 176,814 into 9,097 lots?
You don't! You outsource the parking to private operators.
And here's where the money making machinery kicks into high gear!
Private operators will sell you VPCs for you to renew your vehicle road tax BUT they may not need to give you a parking space! Huh? The VPC doesn't come with a parking space? Yup that's right.
The $6 VPC will cost you between $500 - $800 (13,000% profit!) for only 6 months validity.
So where do I park? If the private operators have the space, they may rent you a heavy vehicle parking lot and that'll cost you at least another $600 per month! If not, good luck to you.
What I am incensed about is that the private operators are getting away with murder and the authorities won't do anything about it!
|My vehicles are parked at my clients factory but I am still strangled by the VPC.|