COE prices for small and large cars hit record highs as other categories end mixed

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SINGAPORE — Certificate of Entitlement (COE) prices for both small and large cars reached new record highs in the latest bidding exercise that closed on Wednesday (March 22).

Premiums for small cars or fully electric cars with output of up to 110kW went up by 6.25 per cent to S$93,503. The previous record high of S$92,100 was set more than a decade ago in January 2013.

Large cars or fully electric cars with output over 110kW saw premiums went up from the latest record high of S$115,501 in the previous bidding exercise to S$116,201.In the motorcycle category, premiums fell to S$12,001, compared to S$12,390 in the previous bidding exercise. Finally, in the open category, which can be used for any type of vehicle except motorcycles, premiums rose 0.02 per cent to S$116,020.Category D : S$12,001

 

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sad ..should ban car dealers

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COE premiums for cars hit all-time highCOE premium for small cars goes up to $93,503, while the price for big car COE is $116,201. Read more at straitstimes.com. The time is sweet for the GE, I guess. Lmao nothing can surprise me anymore. I have already given up on the hopes of owning a car
Source: straits_times - 🏆 5. / 69 Read more »