SINGAPORE – With certificates of entitlement (COE) costing almost an arm and a leg, car dealers are resorting to lowering the power output of their cars so as to have them qualify for the cheaper COE Category A.
At $103,721 currently, Category A COE is about $17,000 less costly than Category B. But at this unprecedented level, no one can say with a straight face that it is a “cheap” option.
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