High COEs: Can families do without a car?

With premiums on Certificate of Entitlement (COE) soaring to over $140,000 for larger cars, should people simply give up on the idea of owning cars? What about those who need the convenience of having a vehicle to ferry their children and the elderly? What other options do they have? Steven Chia gets answers from Julian Kho, general manager of Sgcarmart, Toh Ting Feng, CEO and founder of GetGo, and Lim Chong Tee, co-founder of a start-up and father of a four-month old baby.See omnystudio.com/listener for privacy information.