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COE Rising? Learn How That Affects Current Car Owners And New Buyers

COE Rising? Learn How That Affects Current Car Owners And New Buyers

Submitted by • June 27, 2020 otua.sg

Certificate of entitlement (COE) premiums have continued their upward trend for the 5th
consecutive time (as of 17th April 2019). Can we expect COE Premiums to continue the
climb up? How will this affect you as a car owner? Is this the right time to get a new car?
Should I consider this when looking for ways to sell my car or scrap my car for higher? Let
us explore these topics below.
2018 had been a great year for car buyers with regards to COE premiums. Car buyers
enjoyed a year-long period of relatively low COE prices with Category A (aka CAT A)
premiums floating at $23,000 to $33,000. What was most surprising was that Category B
(aka CAT B) premiums (which are traditionally higher than CAT A) have seen lower prices
than CAT A COE premiums, on an average.

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Voted by jamesroy

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