{
  "id": 14620782,
  "title": "Proposed COE changes could reshape Singapore’s used car market, say dealers",
  "url": "https://urgent.news/2026/10/15/proposed-coe-changes-could-reshape-singapores-used-car-market-say",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T05:24:33.000Z",
  "source": {
    "name": "CNA - Singapore",
    "slug": "cna-singapore",
    "url": "https://www.channelnewsasia.com/singapore/coe-premiums-second-hand-used-cars-resale-value-dealers-6461331"
  },
  "original_language": "en",
  "account": null,
  "summary": "Singapore's proposed Certificate of Entitlement (COE) system changes could significantly reshape the used car market, according to dealers and analysts. The Land Transport Authority (LTA) has proposed merging categories A and B, which classify cars by engine size and power, into a single COE category. This change, along with introducing fees and rebates for different car models based on their open market value (OMV), could alter the price gap between new and second-hand vehicles. Mass-market vehicles may lose resale value if cheaper new cars put downward pressure on used-car prices, while pre-owned luxury cars could become more attractive to buyers if proposed surcharges make new luxury models significantly more expensive.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Proposed COE changes could reshape Singapore’s used car market, say dealers",
        "url": "https://urgent.news/2026/10/15/proposed-coe-changes-could-reshape-singapores-used-car-market-say-14624451",
        "published": "2026-10-15T05:24:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}