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    Aug 18, 2016

    Mixed bag for COE premiums for cars

    CERTIFICATE of Entitlement (COE) prices finished mixed in the second round of bidding in August yesterday.

    Premiums for Category A - cars up to 1,600cc and 130bhp - went up from $52,503 to $53,334.

    COE prices for Cat B - cars above 1,600cc or 130bhp - went down, however, from $57,903 to $56,500.

    For the open Category E, whose certificates can be used for any vehicle type but ends up mainly being deployed for bigger cars, prices also went down, from $58,201 to $56,956.

    Motorcycle premiums ended higher, going from $6,206 to $6,352.

    COE premiums for goods vehicles and buses decreased, from $48,302 to $48,001.