COE prices for cars inch back upwards; Open category, commercial vehicle premiums down

The COE price for smaller, less powerful cars and electric vehicles in Category A rose by the biggest margin, ending at $90,889.

SINGAPORE - Certificate of entitlement prices ended mixed at the close of the latest tender exercise on June 20, with the premiums for cars inching back upwards after falling in the previous round. The COE price for smaller, less powerful cars and electric vehicles in Category A rose by the biggest margin, ending at $90,889.The premium for COEs in Category B, meant for larger, more powerful cars and EVs, also climbed to $102,334 – a 1.7 per cent increase from $100,607 two weeks ago.For the Open category COE , which can be used to register any vehicle type other than motorcycles but is almost always used for bigger, more powerful cars, the premium fell to $100,000 – a 1.

Commercial vehicle COE premiums also ended lower, closing at $69,900, compared with $70,589 previously.Please verify your e-mail to read this subscriber-only article in full

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COE prices fall across the board for all categoriesIn the first Certificate of Entitlement (COE) bidding exercise for June 2024, premiums fell across the board in all categories, with both Category A and B car COEs seeing the biggest drops. Cat A COEs, which are used for cars with internal combustion engines (ICEs) of up to 1,600cc in capacity and have a power output of less than 130hp,...
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