COE prices higher across all categories
Published on Feb 19, 2014 4:19 PM
Certificates of entitlement (COE) prices ended higher across the board at the latest tender on Wednesday.
COE for cars up to 1,600cc and 130bhp climbed the most to reach $77,201 - up from $71,564 two weeks ago - despite steps to remove luxury models from the category. COE for cars above 1,600cc and 130bhp ended at $78,604, up from $75,300.
Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, finished at $79,000, up from $77,003.
Motorcycle COE posted its seventh consecutive increase to reach $3,501, its highest since 1997. Commercial vehicle premium ended at $52,890, up from $51,002.