Motor Mouth

Don't rush to push COE prices higher

Resist the temptation to buy a car now - doing so would cause certificate of entitlement prices to rise further

New: Gift this subscriber-only story to your friends and family

Certificate of entitlement (COE) premiums are on the rise. Compared with the start of the year, car COEs have climbed by 28 to 59 per cent to $33,199 (cars up to 1,600cc), $48,000 (cars above 1,600cc) and $52,410 (open).

Folks looking to buy a new car might be alarmed. Should they rush out to buy before prices rise further?

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on May 04, 2019, with the headline Don't rush to push COE prices higher. Subscribe