More revalidations, lower-than-expected deregistrations mean significant lowering of premiums could be years away
DESPITE an increasing Certificate of Entitlement (COE) supply, industry observers expect premiums for passenger cars and commercial vehicles to remain elevated at least until 2026.
After falling since 2016 to a low in 2023, COE quotas for Category A, B and C – which cover mainstream passenger cars, larger passenger cars and commercial vehicles, respectively – have now risen back to levels similar to 2021.
Yet their premiums remain far above 2021 levels, as the increase in supply is outpaced by rising demand.
