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COE premiums soften in second bidding exercise in September

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CERTIFICATE of Entitlement (COE) premiums for passenger cars were all lower for the second bidding exercise in September, as the gloomy economy weighed on new-vehicle purchases.

CERTIFICATE of Entitlement (COE) premiums for passenger cars were all lower for the second bidding exercise in September, as the gloomy economy weighed on new-vehicle purchases.

Category A - for cars below 1,600 cc or 130 hp - fell S$1,506 to S$50,000, while Cat B - for cars above 1,600cc and 130 hp - dipped S$1,501 to S$55,501.

Cat E - the open category which currently tracks Cat B - slumped S$1,688 to S$55,201.

But both Cat C - for goods vehicles - and Cat D - for motorcycles - were slightly higher, climbing S$89 to S$49,890, and S$49 to S$6,501 respectively.

Analyse historical COE data with the Business Times interactive tool

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