07 Dec '11, 8am

COE prices soften for small and big cars, dips in 4 out of 5 categories

Certificate of entitlement (COE) prices softened at the latest tender on Wednesday, but not by much. COE prices for cars up to 1,600cc ended at $52,392, down from $54,887 two weeks ago. COE for cars above 1,600cc finished at $72,350, down from $77,340. -- ST PHOTO: CAROLINE CHIA By Christopher Tan Certificate of entitlement (COE) prices softened at the latest tender on Wednesday, but not by much. COE prices for cars up to 1,600cc ended at $52,392, down from $54,887 two weeks ago. COE for cars above 1,600cc finished at $72,350, down from $77,340. Open COE, which can be used to register any type of vehicle but ends up mainly for bigger cars, fell from $75,889 to $74,340. The rate for commercial vehicles dipped slightly from $40,189 to $40,009. Motorcycle premiums bucked the trend by rising from $1,889 to close at $1,902.

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