SINGAPORE - COE for cars up to 1,600cc and 130bhp closed at $46,651 in the latest tender on Wednesday (Feb 3), down from $51,301 two weeks ago.
COE for cars above 1,600cc or 130bhp finished at a six-year low of $38,610, down from $50,089 last fortnight.
Open COE, which can be used for any vehicle type but ends up almost exclusively for bigger cars, tumbled by nearly as much to end at $44,001, down from $51,000 previously.
Commercial vehicle COE dipped from $46,502 to end at $45,036 - making this COE for vans and trucks significantly costlier than the certificate for Mercedes-Benz S-class and BMW 7-series limousines.
Motorcycle premium slid from $6,512 to $6,503.
Latest COE results:
| Category | Current COE premium ($) | Previous COE premium ($) |
| A - Car (1600cc & below) | 46,651 | 51,301 |
| B - Car (above 1600cc) | 38,610 | 50,089 |
| C - Goods vehicle & bus | 45,306 | 46,502 |
| D - Motorcycle | 6,503 | 6,512 |
| E - Open | 44,001 | 51,000 |
Source: Land Transport Authority
