COE News: COE prices remain on a roller coaster ride
COE results ended mixed today after the latest round of bidding that ended today.
COE prices for Cat A for cars below 1600cc fell to $32,104 after reaching a high of more than $36k two weeks ago.
Demand for Cat B COEs still seem to be high as prices in this category are up from $42,889 two weeks ago to $43,339 this time round.Open cat Coes though, see a marginal drop of just over $600, ending at $42,901 after hitting $43,565 the last round.
With lower Cat A COE prices, expect some price cuts for smaller cars from this week. Look out for our fortnightly price drop guide at the end of this week for the biggest savings after this COE round.
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