THE certificate of entitlement (COE) premiums for passenger cars slipped but those for the other three categories rose in the second bidding exercise for May.
Category A - for cars below 1,600 cc or 130 hp - fell S$869 to S$47,020; while Cat B - for cars above 1,600 cc and 130 hp - was S$1,854 lower at S$49,156.
But Cat C - for goods vehicles - was up S$700 to S$43,002; and Cat D - for motorcycles - was just S$1 higher at S$6,303.
Cat E - the open category which currently tracks Cat B - climbed S$700 to S$49,700.
Some car dealers said that the dip was not unexpected, and pointed out that if not for the strong bidding of a well-known ride-booking company, COE premiums would have fallen further.