COE news: No let up in rising prices

Posted by Raymond Lai
7 Apr 2010
COE news: No let up in rising prices
As expected, COE prices hit skywards once again after the first bidding exercise for April ended today. The biggest increase was in Cat B for big cars, where the premium jumped $9,412 to $45,501. The COE for small cars meanwhile rose $5,612 to $34,001.

In the Open Category, where the COEs can be used for any vehicle type, the premium climbed $6,999 to $49,000.

Thinking of buying a commercial vehicle instead to avoid the high passenger car COEs? No chance of much savings eother - COEs for commercial vehicles rose S3,621 to $36,511.

The recent wave of increments show no signs of waning yet according to industry experts. Car traders are having as hard a time as those needing to buy a car - those who have promised buyers guaranteed for their earlier orders face topping up millions of dollars for more expensive COEs for these buyers. This might have an adverse effect on the car industry as a whole when cost cutting measures and job losses may come into effect to cover the losses.

Sell Fast With Ease - SwiftQuote

With SwiftQuote, you get:
  Best value for your car    A peace of mind when selling    Fast sale from start to end

HIGHEST PRICE FOR YOUR CAR

Best offer with no obligations.
Start Now!

I agree to the collection, use and disclosure of my personal data by Carousell and/or such other third party (as may be necessary) and to be contacted (via email, phone call and/or text message) for any purposes in connection with the application of and transaction of the vehicle, in accordance with the Personal Data Protection Act 2012 and Carousell's Privacy Policy.

Hassle free. Just indicate your car status and get reply within 1 day. Receive good quote.

Mohamed Nassir Bin Mohamed Kassim - 20 hours ago

It was such a relaxed transaction from start to finish. Thanks to the team for making it so easy!

Sandesh C Arora - 1 day ago

Fast and good qoutation by dealers

James - 2 days ago

Angie attended to me. And was very conscious on following up with different buyers for my car. No hassle and no pushy sales for my car.

ONG WEI KOK - 2 days ago

Quick and no fuss service. Received the best quote within my asking price in less than 3 days. Swiftquote dealer is professional and all transactions were hassle free. Highly recommended!

Jimmy Lee - 3 days ago

Excellent and prompt services from SwiftQuote. I have never thought that selling my vehicle will be such a breeze.... With the professionalism of SwiftQuote, all potential sellers should have no issue getting the right buyers.... Kudos.....

Allen Tay - 6 days ago

Justin was super helpful and helped me really pushed for a better price. His hardwork, prompt replies and dedication was ultimately what pushed me over to swiftquote compared to other bidding websites.

Gabriel Tang - 1 week ago

Super fast transaction and Angie has done a good job in knowing what I want and checking this out with her dealer.

Lynn - 1 week ago
News
146
146
Yesterday
Posted in News
News
296
296
5 Aug 2020
Posted in News
News
533
533
17 Jul 2020
Posted in News
News
582
582
13 Jul 2020
Posted in News
News
648
648
25 Jun 2020
Posted in News
News
554
554
19 Jun 2020
Posted in News
News
832
832
19 Jun 2020
Posted in News
News
870
870
16 Jun 2020
Posted in News
News
942
942
9 Jun 2020
Posted in News