¥ slide: No big dent on car prices
The COE premium still forms the bulk of car prices, and cars made outside Japan are often traded in US$, say dealers
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Singapore
IT WILL be difficult for buyers of Japanese-made models here to determine the exact reduction in car prices - if any - as a result of the falling yen, because of fluctuating COE (certificate of entitlement) premiums.
But more likely, dealers will use the forex savings to strengthen their COE bids.
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