In the latest bidding exercise (June 6), Certificate of Entitlement (COE) premiums closed lower across all categories but one.
Closing about $1,500 lower, Category A cars closed at $36,426. Cars in this category have a horsepower not exceeding 130bhp or 1,600cc and below.
Category B premiums, which are meant for cars that are larger and more powerful, fell the most and closed at $36,000.
There were a total of 4,290 COEs available but 5,863 bids were received.