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The price of a Category B COE for larger cars dropped by 4 per cent while that for a Category A COE – for smaller and less powerful cars and EVs – dipped 0.1 per cent.Certificate of entitlement prices dropped across all categories on Jan 22, with the premium for motorcycles recording the biggest decrease of 14.2 per cent to $7,721.
The Jan 22 exercise is the last for the three-month COE quota period from November 2024 to January 2025. For the next quota period from February to April, the supply of COEs will rise by 8.2 per cent. The price of a Category B COE, used to register larger and more powerful cars and EVs, decreased by 4 per cent to $116,625. It was $121,501 at the previous exercise – the highest since December 2023.
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