Updated: 08/21/2014 00:19

COEs for cars go up in latest bidding exercise



COEs for cars go up in latest bidding exercise

Certificate of Entitlement premiums increased in almost all categories in the latest bidding exercise 

The biggest increase was in Category B, for cars above 1,600cc or 130 brake horsepower. 

The COEs for these cars increased by about $4,300, to nearly $73,000. 

COEs for smaller cars in Category A rose by $1,100, to $65,700. 

In the Open Category, premiums closed higher at about $72,600, an increase of about $3,600.

Premiums for commercial vehicles dipped by about $1,600, to close at nearly $52,400. 

And COEs for motorcycles effectively stayed the same, going up just $1 to $4,354.

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