COE premiums for larger cars in Cat B hit record $113,000

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COE premiums for larger cars in Cat B hit record 3,000

Certificates of Entitlement for larger cars hit a new high in September’s first bidding exercise. Prices also closed higher for most categories. However, COEs fell for smaller cars and less powerful electric vehicles. Category A premiums dropped by $1,889 to close at $86,000. COEs for larger cars and more powerful electric vehicles climbed up $999 to a record $113,000. Commercial vehicle premiums went up by nearly 10% to $64,989. Motorcycle premiums rose by $200, while Open Category COEs increased to $113,299.

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