askST: Should I get a new car or revalidate the COE on my existing one?

COE prices have been rising in 2022 and this is pushing up car prices. PHOTO: ST FILE
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SINGAPORE - Data from the Land Transport Authority shows that there are 11,143 cars in August 2022 that are within 12 months of the end of the 10-year lifespan of their certificates of entitlement (COEs).

If the drivers want to continue owning a vehicle, they can either revalidate the COE or buy another car.

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