COE News: Premiums fall by average of $3,000

COE News: Premiums fall by average of $3,000

Things look like they are cooling down for COE prices.

OneShift Editorial Team
OneShift Editorial Team
06 May 2010

In the first round of bidding For May that ended today, Cat A COE premiums fell to $26,102, down $3,898 over the last round a fortnight ago. Cat B COE prices fell to below the $40k mark to end at $38,000, a drop of just over $2,000.

The biggest drop was seen in the Open Cat - prices dropped $4,001 to closed at $39,002.This news ought to send eager buyers right back into the showrooms this weekend.

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