COE premiums for small cars down in October bid

COE premiums for goods vehicle and buses hiked 5.15% to $28,501.

Certificate of entitlement (COE) premiums for small cars inched up 1.63% from $28,000 in the mid-September bid to $28,457 in the first October bid, the Land Transport Authority (LTA) revealed.

Meanwhile, COE premiums for cars above 1600cc dipped 0.02% to 31,301. COE premiums for motorcycles also went down 2.49% to 4,109.

For goods vehicle and buses, COE premiums hiked by 5.15% from 27,104 to 28,501. Meanwhile, open COE premiums also inched up 1.72% to $32,552.

A total of 6,673 bids were received with the 2,059 large car COE bids comprising the most bids. Only 4,598 bids were granted.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

You may also like...

Bitnami