Premiums also soar due to longer gap from last tender, rush to register cars before 1 Jan 2018.
Posts Tagged: certificate of entitlement
New tech allows for better ways of charging motorists for road usage, among other things.
This is because besides the allowable growth rate, COE quota is based on factors such as the number of vehicles that are scrapped and adjustments to account for past over-projections, among other considerations.
Gov’t to remove vehicle growth rate factor, citing land constraints and commitment to improve public transport.
Our consulting editor looks at the factors that are likely to influence COE premiums in the next two years.
COE prices finished mixed at the round of bidding that ended on Oct 19, 2017.
Prices slide after previous rebound, which caused buyers to stay away from showrooms.
COE prices finished higher across all categories in the round of bidding that ended on Sept 20, 2017.
Car buyers flocked to showrooms over the weekend – drawn by record-low certificate of entitlement (COE) prices announced at the last round of bidding.
COEs for smaller cars plunged to its lowest level in almost seven years after yesterday’s (Sept 6) tender as a new emission standard kicked in and bidding from private-hire firms dried up.