COE-exempt registration plates for school buses sell for up to $30k in resale market

Jeffrey Foo , a 70-year-old school bus driver with the "CB" registration plate, pictured with his bus, on Jan 31, 2023. ST PHOTO: MARK CHEONG
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SINGAPORE – In the past year, second-generation school bus operator Chris Yip, 45, has sold some older school buses from his family business.

These buses are registered under licences that exempt the vehicle from needing a certificate of entitlement (COE), which makes them attractive to some bus companies due to the significant cost savings. But the strict regulations around their use reduce their appeal to other operators.

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