COE premiums for small cars rose 10.34% in November bid

Submitted By:  Luz Wendy Noble Case Study:  No Premium rates for large cars increased by $1,000 to $32,302. Certificate of entitlement (COE) premiums for small cars up jumped 10.34% to $28,199 in the November bidding exercise, an announcement revealed. For large cars which are above 1,600 cc, premium rates increased by $1,000 to $32,302. Open COE premiums meanwhile dipped 2.74% to $32,000 whilst motorcycle premiums slipped from $3,951 to $2,509. Meanwhile, COE premiums for goods vehicles and buses stood still at $29,501. read more