Hurry hurry – coe prices had dropped

[Froggy]

COE premiums fall across the board in latest exercise as buyers stay away
Published on Oct 23, 2013
4:16 PM

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COE for cars up to 1,600cc finished at $76,889 - down from $85,000 two weeks ago but still among the highest levels this year.

COE for cars above 1,600cc closed at $87,910 - down from $93,500 previously. Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, ended at $92,289 - down from $93,889.

Commercial vehicle COE fell from its all-time high of $76,310 to close at $68,002. Motorcycle premium slipped from $1,961 to finish at $1,804.

The industry expects prices to climb back up in the coming tenders as dealers rush to clear stock before new regulations kick in next year. From Jan 1, all new diesel vehicles have to meet the more stringent Euro 5 emission standard. And from February, cars belonging to Category A must not have more than 130bhp in engine power in addition to having a displacement of no more than 1,600cc.


[TABLE="width: 100, align: center"]
<tbody>[TR]
[TD]Category
[/TD]
[TD]Current COE premium ($)
[/TD]
[TD]Previous COE premium ($)
[/TD]
[/TR]
[TR]
[TD]A - Car (1600cc & below)
[/TD]
[TD]76,889
[/TD]
[TD]85,000
[/TD]
[/TR]
[TR]
[TD]B - Car (above 1600cc)
[/TD]
[TD]87,910
[/TD]
[TD]93,500
[/TD]
[/TR]
[TR]
[TD]C - Goods vehicle & bus
[/TD]
[TD]68,002
[/TD]
[TD]76,310
[/TD]
[/TR]
[TR]
[TD]D - Motorcycle
[/TD]
[TD]1,804
[/TD]
[TD]1,961
[/TD]
[/TR]
[TR]
[TD]E - Open
[/TD]
[TD]92,289
[/TD]
[TD]93,889
[/TD]
[/TR]
</tbody>[/TABLE]

 

[Jlokta]

Bro, this is a temp reprieve.

Trust fuck yew and his porlumpar to tweak the system to make sure the 超级白 continue to bleed the sinkies dry.

 

[SlickJon]

it will go up soon with the festive period coming up...

 

[laksaboy]

High COE, low COE, you will still feed the PAP govt.

 

[Cestbon]

Not much different unless drop below $50k.
Very soon will hit $100k. More and more rich migrate to SG.
COE will not drop unless more car on the road are scrap.

 

[STUCK_HERE]

I bought my COE 10 years ago for $28, 000 and considered it very expensive. I haven't changed. Why should I? Are u mad?

 

[laksaboy]

I bought my COE 10 years ago for $28, 000 and considered it very expensive. I haven't changed. Why should I? Are u mad?

I bet things were much cheaper in 2003.

 

[Cestbon]

Havent expired? Should be