COE prices close higher except for small cars
Published on Sep 19, 2012 4:15 PM
All but one certificate of entitlement (COE) category ended higher at the latest tender out on Wednesday.
COE for cars up to 1,600cc slid from $68,000 two weeks ago to land at $63,000 - its lowest level in five exercises.
COE for cars above 1,600cc finished at $88,500, up from $80,191. Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, crept up from $87,999 to hit $89,990.
COE for commercial vehicles was slightly higher at $57,809, from $57,334 previously. Motorcycle premium, which stayed at $1 right up to the final minutes of bidding, ended at $1,852 - up from $1,801 a fortnight ago.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here