CNA Explains: How will the new COE quota counting method affect you if you want to buy a new car? - CNA


7/25/2022 12:00:00 AM2 years 9 months ago

The recent record-high Certificate of Entitlement (COE) premium for the Open Category and the general rise in prices across the board has also been a cause for concern among potential new car buyers.

Under the new rules, the available COEs will be based on the average of deregistrations from the preceding six-month (two-quarter) period. This is unlike the current counting method, which simply tak… [+1515 chars]

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