Economy
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EconomyProposed COE changes could erode resale values of rebate-eligible mass-market cars, dealers say
Some Singapore car dealers say mass-market models eligible for rebates could lose resale value if the proposed merger of COE Categories A and B goes ahead. Proposed surcharges on higher-end cars may instead push more buyers toward used premium models. An industry association says dealers’ existing stock could also take a hit as the market adjusts.