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Big drop in COEs ahead
FROM next month, there will be a bigger-than-expected cut in certificates of entitlement (COEs) needed to buy vehicles. With almost 30 per cent fewer COEs available each month, car traders foresee premiums rising soon to between $30,000 and $35,000, from around $25,000 now.
FROM next month, there will be a bigger-than-expected cut in certificates of entitlement (COEs) needed to buy vehicles. With almost 30 per cent fewer COEs available each month, car traders foresee premiums rising soon to between $30,000 and $35,000, from around $25,000 now.