So what does that mean for those shopping for cars now? Considering that Category E and Category B COEs are mainly used by big cars only, the actual change in the number of monthly quotas for these group of buyers is very minimal. Hence, we doubt there will be much of a change in the COE prices for bigger cars. However, those shopping for smaller cars (Category A) may see a little drop.
That said, with the hungry ghost period coming up, the demand for cars may be weak overall so for those that aren't superstitious, the time to buy your dream wheels is about ripe now!