COE prices mostly down in new tender
CERTIFICATES of entitlement (COEs) ended mostly lower in the latest tender yesterday.
COEs for cars up to 1,600cc and 130bhp closed at $55,889, down from $58,700 previously. COEs for cars above 1,600cc or 130bhp finished at $58,109, down from $65,501.
Open COEs, which can be used for any vehicle type but end up mainly for bigger cars, fell from $69,001 to end at $60,101.
Motorbike COEs also ended lower at $6,312 - down from $6,508.
Commercial vehicle COEs were the only category to rise: $50,002, up from $50,001.
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