Premiums for small cars or fully electric cars with output of up to 110kW went down by 2.3 per cent to S$88,503.
Large cars or fully electric cars with output over 110kW saw premiums fall from S$113,881 in the previous bidding exercise to S$105,501. This is the second consecutive decrease in prices for Category B cars, after peaking at S$115,388 on Nov 9.The motorcycle category saw premiums fall to S$12,100 from S$12,589 in the previous bidding exercise.
Finally, in the open category, which can be used for any types of vehicles except motorcycles, premiums dropped by 3.06 per cent to S$110,524.Cat E : S$110,524
recession coming lah ..small rental companies already cannot tahan
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