The price of motorcycle COEs (Cat D) has hit yet another historical new high at $5,800!
In the last COE open bidding in February, COE pricing for Cat D hit $5,504.
In comparison, the average price of motorcycle COEs was just $1,757 in 2013, and $4,027 in 2014. The price has tripled in over a year!
Prices of the other COE categories have fallen, but the price of a "mass-market car" COE (Cat A) is still very close to that of a luxury car COE (Cat B).
At $57,199, Cat A is 85.7% of the price of Cat B ($66,751). The difference is $9,552.
How do commercial vehicles (Cat C) compare to luxury cars (Cat B)?
At $53,202, Cat C is 79.7% of the price of Cat B ($$66,751). The difference is $13,549.