Certificate of Entitlement (COE) prices finished mostly lower in the first round of bidding in December 2016.
Premiums for Category A – cars up to 1,600cc and 130bhp – went down from $50,951 to $48,000.
COE prices for Cat B – cars above 1,600cc or 130bhp – decreased, from $53,001 to $46,229.
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 also fell, from $54,901 to $50,010.
Motorcycle premiums ended lower, going from $6,212 to $6,113.
COE premiums for goods vehicles and buses was the only that went up, from $49,002 to $51,209.
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