Certificate of entitlement premiums reached new highs for the two car categories and the Open category at the latest tender exercise on Wednesday.
The premium for the Open Category – which can be used for any vehicle type except motorcycles, but ends up being used mostly for bigger cars – ended at $158,004, up 3.95 per cent over the $152,000 record set at the previous tender. The COE premium for smaller cars and EVs climbed 1.92 per cent to $106,000 from $104,000 set two weeks ago. The previous record of $105,000 was set just two tender exercises ago, in September.
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: