COE premiums mostly down at latest tender, except for motorcycles
Published on Apr 23, 2014 10:17 PM
Certificate of entitlement (COE) premiums fell across the board at the latest bidding exercise on Wednesday, except in the Motorcycle category.
The largest drop came in the commercial vehicle category, where premiums plunged 33.5 per cent to $32,890.
Premiums for cars up to 1,600cc and 130bhp slid by 7.8 per cent to $71,335, while premiums for larger cars above 1,600cc or 130bhp decreased 11.2 per cent to $75,010.
The open category COE, which can be used for any vehicle but ends up mainly for cars, also fell by 12.2 per cent to $73,810.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!