The COE ups and downs are euphoria for some, scary for others, depending on which side of the COE fence you are on!

We have been saying it was exciting times for COE bids and renewals – and of course it is! Especially when we see a large drop in COE prices in the first bid exercise of February 2020, there is always worry on one side (dealers looking to sell their used cars fearful their prices have to be slashed), and gleeful hand-rubbing on the other side (those looking to purchase a new car soon). So of these different groups, who will stand to benefit and who loses out? Let’s find out!

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