E-tolls will cost many people over R500 per month, says economist

[rpm]

E-tolls will cost many people over R500 per month: economist

Prominent economist says that 83% of road users might incur a cost of over R500 per month, which will consume people’s disposable income

 

[LazyLion]

Well Duh!

 

[SonnyK]

Which is why DSTV got scared and made THAT advert

 

[techead]

Which is why DSTV got scared and made THAT advert

?

 

[SonnyK]

"Rather stay at home and watch DSTV"....meaning don't register for etollie
What is the first thing people will cancel to free up some disposable cash for e-toll bills??

 

[skimread]

Even if u r a good environmental person and have a car pool everyone in the car pool will pay R500 per month. that is why the system is broken.

 

[elp]

Far more likely is that Steven and 95% of people like him will choose option "C", Don't register and don't pay ... ever.

The government is unlikely to arrest a few million people for not paying.

 

[Allin]

Mr Roux*, like everyone else, also has the option not to register or to pay. The ANC has perfected the dark art of civil disobedience, so let us learn a lesson or two!
* Not his real name

 

[House]

What Schüssler just wrote here is an intimate warning of what will happen, eventually, to 83% of people who did not get an e-Tag and registered it. But, it will be much worse than the article is showing at this stage.

 

[LazyLion]

What Schüssler just wrote here is an intimate warning of what will happen, eventually, to 83% of people who did not get an e-Tag and registered it. But, it will be much worse than the article is showing at this stage.

Not me!

 

[House]

Not me!

Just keep that top right section of your windscreen clean. You'll soon need to stick something up there

 

[greg0205]

Wait, what? SANRAL said it would be capped at R500,00 per month and people actually believed them??

 

[House]

Wait, what? SANRAL said it would be capped at R500,00 per month and people actually believed them??

You should first read the article.

The cap is there and it is in place for those registered users. Not for users who have not registered.

 

[didodido]

But that's not all. Indirectly we are paying for the etoll through companies delivering goods and most of these companies have registered and paying for eToll. Mr Roux will find out that the pap is more expensive and I have not even thought about his dog food.

P.S. From the 1st January the fuel levy will be increased by almost 11c/l. More increases for our travel and food. I would like to know why they increase the fuel levy right after the etoll implementation.

 

[greg0205]

You should first read the article.

The cap is there and it is in place for those registered users. Not for users who have not registered.

You're presuming none of those registered users will get bills exceeding R500,00... Lets wait and see shall we.

 

[House]

You're presuming none of those registered users will get bills exceeding R500,00... Lets wait and see shall we.

The law governs the cap. You cannot be billed more than the cap per vehicle. If any registered e-Tag user receives an invoice for more than R450, the amount will simply be corrected.

 

[biometrics]

*cough* minion *cough*

 

[dawbomb]

Even if you can "afford" to pay for e tolls now, that money has to come from somewhere. Maybe savings for retirement?

Let's assume that as a working person, you pay R500 a month to sanral. That goes up by 8.5% a year, and the interest on your retirement savings is also 8.5% a year.

Over 20 years, with compound interest on your R500 a month contributions (increasing at 8.5% a year), by paying e tolls you end up with just shy of R600k less in your retirement savings. If your savings are in unit trusts, that figure will be significantly higher.

 

[biometrics]

The law governs the cap. You cannot be billed more than the cap per vehicle. If any registered e-Tag user receives an invoice for more than R450, the amount will simply be corrected.

You mean after they overcharged you, took too much from your bank account, causing debit orders to bounce at a charge of R100+ each ...

Talk radio callers that are registered and prepaid have already called in to say they have been overcharged.

And "simply" it isn't.

 

[TheGuy]

This system seems to only benefit the rich. So if you get upwards of 30k a month then R500 is a minor charge but you get the benefit of a less stressful and busy commute to work.

On the flip side if you are poor it might actually cause you to fall below what's affordable to you as a lot of people I know live right on the border line with no savings so any increases will literally kill them.