COE prices for Open category almost breach S$100,000 mark

Fit to Post Autos

Certificate of Entitlement (COE) premiums for the Open category almost touched the S$100,000 mark but the rest of the categories finished lower at the end of the latest bidding exercise at 4pm on Wednesday.

For small cars below 1600cc, the premium fell S$1,090 to S$91,010.

The premium for big cars closed down S$709 to S$95,501.

But for the Open category, which car dealers use to seal an "immediate delivery" rather than wait for a COE from the car's rightful category, finished at $97,889, up from $96,101 two weeks ago.

Check here for the latest COE prices.