10 Nov '11, 8am

COE prices end mostly higher, those for big cars highest in 2011

COE prices end mostly higher, those for big cars highest in 2011

The rush to meet annual sales targets and anticipation of fewer certificates of entitlement (COE) next year conspired to send most COE prices higher in the latest tender on Thursday. -- ST PHOTO: LAU FOOK KONG By Christopher Tan The rush to meet annual sales targets and anticipation of fewer certificates of entitlement (COE) next year conspired to send most COE prices higher in the latest tender on Thursday. COE prices for cars up to 1,600cc ended at $55,997, down slightly from $56,112 three weeks ago. COE prices for cars above 1,600cc finished at $77,000, up from $75,889. The COE prices for cars more than 1,600cc and in the Open category are the highest in 2011. Open COE, which can be used to register any type of vehicle but ends up mainly for cars, shot up to $78,001 - from $73,600 previously. The rate for commercial vehicles shot up to post a new record of $40,803, from...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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