Certificates of entitlement premiums ended lower across the board for the second consecutive tender on Wednesday.
COE for cars up to 1,600cc fell to $72,609, from $76,889 two weeks ago. COE for cars above 1,600cc slid from $87,910 to end at $84,578. Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, fell to $89,001, from $92,289.
Commercial vehicle COE plunged to $55,503, from $68,002. Motorcycle premium finished at $1,710, down from $1,804.
With the latest results, premiums for smaller cars and commercial vehicles have fallen the most - chalking losses of more than $10,000 and $20,000 respectively.