
Potential car buyers at the Audi showroom at Alexandra Road.
Certificate of Entitlement (COE) prices finished mixed in the first round of bidding in January on Thursday (January 5).
Premiums for Category A – cars up to 1600cc and 130bhp – went up from $49,751 to $50,101.
COE prices for Cat B – cars above 1600cc or 130bhp – also saw an increase from $51,109 to $53,106.
For the open category, Cat E, which can be used for any vehicle type but ends up mainly being used for bigger cars, COE prices rose, from $50,389 to $53,001.
Motorcycle premiums ended lower, going from $6101 to $6053.
COE premiums for goods vehicles and buses also went down, from $49,500 to $46,302.
Related story: More motorists opting to renew their COEs
Related story: Big-car prices won’t fall in tandem with COE