Less Available COEs Come November
Some bad news if you are looking for a new car. In a move that may see COE prices rising for cat A, B and E, LTA has announced that the COE quota will be reduced by about 6% in the following month.
OneShift Editorial Team
12 Oct 2016
In a statement release by LTA, this was based on three components of the COE quota.
- A 0.25 percent per annum growth, based on the population of vehicles as at the end of last year.
- Replacement COEs from vehicles which have been deregistered from the period of July to September this year.
- The replacing of commercial vehicles under the Early Turnover Scheme, changes in the taxi population and lastly, expired COEs.
LTA also mentioned that there will be another quota announcement for the bidding period of February to April 2017 in the month of January.
Credits:
Sell your car at the highest price in Singapore
Get the Best Price for your used car
from 500+ dealers in 24 hours
Other Articles
Explore more
Catch The Tesla Cybercab Before It Leaves Singapore
The steering-wheel-free, pedal-free robotaxi is on display at Toa Payoh.
Mercedes-Benz Adds Rear-Wheel Drive GLC 250 To Its EV Range
Premium SUV comfort meets electric performance in Mercedes-Benz's latest GLC 250, with 354 hp on tap, charging speeds of up to 320 kW and a starting price of S$350,888.
CHANGAN Q05 Brings New Cat A EV Option To Singapore
The latest addition to CHANGAN's Singapore range is a Cat A SUV with up to 566 km of WLTP city range and a launch price of S$174,999.
Zeekr 7X Adds Cat A Model To Singapore Line-up, Flagship Gets 500 kW
From a 598 km city-range entry model to a 3.7-second performance flagship, the refreshed 7X caters to different budgets and driving needs.
Toyota's bZ4X Touring Adds An Adventure Twist To Electric Driving
Rugged styling, roof rails and AWD capability set the Touring apart, while its larger boot makes room for family holidays and outdoor equipment.
BYD Seal 6 DM-i (Premium) Review: Properly Impressive
BYD's plug-in hybrid family sedan delivers surprising refinement, impressive composure and enough performance to challenge established rivals.
Catch The Tesla Cybercab Before It Leaves Singapore
The steering-wheel-free, pedal-free robotaxi is on display at Toa Payoh.
Mercedes-Benz Adds Rear-Wheel Drive GLC 250 To Its EV Range
Premium SUV comfort meets electric performance in Mercedes-Benz's latest GLC 250, with 354 hp on tap, charging speeds of up to 320 kW and a starting price of S$350,888.
CHANGAN Q05 Brings New Cat A EV Option To Singapore
The latest addition to CHANGAN's Singapore range is a Cat A SUV with up to 566 km of WLTP city range and a launch price of S$174,999.
Sell your car at the highest price in Singapore
Convenient and Hassle-Free- Consumer Protection
Transparent Process
With No Obligation
Related Articles
Porsche Panamera Turbo S E-Hybrid And Panamera GTS Revealed
Deliveries in Singapore will commence towards the end of 2024.
Local News
4-Seater Lexus LM 500h Launched In Singapore
Occupants get to enjoy noise reduction technology and a retractable glass partition with dimming function - now that’s ultra luxury.
Local News
All-New Skoda Kodiaq Is More Spacious Than Ever
Flagship SUV is also sleeker, more efficient and better equipped than its predecessor.
Local News
