Tag: COE prices
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Proposed COE changes could reshape Singapore’s used car market, say dealers
Dealers and analysts say some mass-market vehicles could lose resale value under the proposed COE changes, while demand for pre-owned luxury cars may rise.
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COE prices close mostly higher; Category A premiums rise to more than S$128,500
Category A premiums closed higher for the first time in three exercises.
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Merging COE Categories A and B among ideas raised in LTA’s transport plan consultations
Another suggestion was the introduction of a rebate and surcharge scheme based on vehicle value rather than engine capacity and power, so that owners of higher-value cars would pay more than buyers of mass-market cars.
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