COE News: Prices fall in Cat A and Cat B
COE prices for passenger cars fell by as much as $3,104 as demand for new cars weaken.
Cat A COE saw the biggest drop, closing at $29,000 from $32,104 the last round.The COEs for cars above 1,600cc went for $42,810, a slight drop from $43,334.
Open cat COEs, which can be used to register both Cat A and Cat B passenger cars saw a slight increase to $43,501, a rise of $600 from the last round.
With prices falling in the two passenger car categories, car buyers will certainly find more affordable deals this weekend. Look out for our buying guide this Friday for the biggest price drops this week.
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