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Soaring COE premiums cause prices of used cars to rise | Video

03:02 Min

Singapore's soaring COE premiums are not only affecting new car prices but used cars' too. Online marketplaces say the price of used cars has risen by 10 to 15 per cent in the past year. More people have turned to short-term rental cars, but that segment could soon see a price hike as well. Heidi Ng with more.

Singapore's soaring COE premiums are not only affecting new car prices but used cars' too. Online marketplaces say the price of used cars has risen by 10 to 15 per cent in the past year. More people have turned to short-term rental cars, but that segment could soon see a price hike as well. Heidi Ng with more.

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