Will the Early Turnover Scheme (ETS) affect the COE quota and price?

General 11/12/2017 9 Views

1 Answer

Admin

Vehicle owners who take up the Early Turnover Scheme (ETS) will not have to bid for a new COE. ETS replacements are deducted from the total number of deregistrations. While this leaves fewer Category C COEs available for bidding, demand for Category C COEs would also have decreased correspondingly by the number of replacement vehicles.

Source: LTA

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