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Why I renewed my COE for five years

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Last month, the 10-year COE for my Category B car expired. I was faced with four options: buy a new car; renew the COE for 10 years; renew for five years or do without a car.

LAST month, the 10-year COE for my Category B car expired. I was faced with four options: buy a new car; renew the COE for 10 years; renew for five years or do without a car.

Buying a new car was a tempting option. COE prices had fallen from their peak (although they are now rising again...

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