Commercial vehicles and motorcycles, whose prices vary significantly within their categories, merit a closer look
[SINGAPORE] The Republic is considering measures to preserve the Certificate of Entitlement (COE) differentiation between mainstream and luxury cars, maintaining one of the key principles of the system.
However, Singapore should also begin to seriously think about similar moves for commercial vehicles (CVs) and motorcycles – as vehicle prices within these respective categories can vary significantly.
Announced on Oct 8, the Land Transport Authority’s (LTA) possible changes include combining the current mainstream and luxury-car COE categories: A and B, respectively.