Certificate of entitlement prices ended lower for all five categories at the first tender exercise of 2023 that closed on Thursday afternoon.
The COE price for cars with engines up to 1,600cc and 130bhp, as well as electric vehicles with up to 110 kilowatts of power, ended at $80,000, which is 9.1 per cent belowFor larger cars and more powerful EVs, the COE premium fell from $108,006 to $102,002, a drop of 5.6 per cent.Motorcycle COE premiums also ended lower by 6.8 per cent from $11,690 to $10,890.
The price of open category COEs, which can be used to register any type of vehicle other than motorcycles, was cheaper than the last round’s $109,600 by 1.6 per cent to end at $107,889.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: