Nearly all COE premiums rise
Only Category C (Goods vehicles + buses) sees a decline, all other categories see significant rise.
It has been widely predicted that COE premiums would rise after the revisions to the OPC scheme.
[B]Category A[/B] (for cars below 1,600cc), currently stands at $18,020, after gaining $3,001. It previously stood at $15,019.
The price of [B]Category B[/B] (for cars 1,600cc and above) increased to $19,289, an increase of $2,999 from $16,290.
COE for commercial vehicles, [B]Category C[/B], was down by $1,500 and ended at $16,001.
COE for motorcycles, [B]Category D[/B], gained $169 and is now valued at $1,051.
[B]Category E[/B] (open category) is currently at $19,830, up from $17,905.
Credits: JRC
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