Fresh HIGHS FOR Vehicle COE PREMIUMS
Car COEs used to cost around S$ 25, 000 ( US$ 18, 000 ) just five years ago. & nbsp,
For less strong cars today, that value is more than four times higher. The price is around five times higher for more effective vehicles. & nbsp,
Prices for cars reached yet another great at the most recent sweet training on September 20, when prices for larger vehicles in Category B and Open Category first exceeded the S$ 140,000 level. & nbsp,
Prices ended at S$ 155,000 for Category A vehicles, or those with a power of 1, 600cc or less and no more than 130 bhp. This surpasses the earlier history of$ 103, 721 set in April and the S$ 101,000 in the most recent bid. & nbsp,
Prices for bigger, more potent vehicles in Category B increased to S$ 140, 889. Compared to S$ 134, 889 in the previous large, this is an increase of 4.4 %.
Open Category Submissions, which can be used for any kind of car but are typically used primarily for big automobiles, increased to S$ 144, 640, an increase of 5.6 % from the previous bid of$ 137,000.