COE supplies for the 1,600cc car and motorcyle categories are bigger for the August-January period. -- ST PHOTO: BRYAN VAN DER BEEK
THOSE shopping for a 1,600cc car or a motorcycle in the next six months can breathe a bit easier - COE supplies for the two vehicle categories are bigger for the August-January period.
Those who are in the market for bigger cars or commercial vehicles on the other hand should brace themselves for higher prices on the back of an even tighter COE supply.
Car buyers on the whole however, will see a 2.5 per cent dip in quota, from 2,526 certificates a month to 2,463. This includes the number of Open COEs, which is used predominantly by car buyers.
Overall, COE supply for the next six months remains pretty flat (at 3,721 per month, from 3,728), as the slide in supply for bigger cars and commercial vehicles is offset by bigger quotas elsewhere.