COE premiums for cars down in mid-September bid

Goods vehicle & bus, as well as open car premiums, inched up.

Certificate of entitlements (COE) premiums for small cars with up to 1600cc and 130bhp fell by $2,209 or 7.31% to $28,000.

Meanwhile, cars above 1600cc saw COE premiums down by $694 to $31,307.

For goods vehicle & buses, COE premiums inched up by $103 to $27,104 whilst open COE premiums rose $199 to $32,000.

A total of 5,767 bids were received with small CAR COE bids recording the highest bids which reached 2,059.

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