Proposed changes to the COE system are expected to have some impact on car buyers. Mass-market car buyers may see lower costs compared to those purchasing high-end models. However, it is unlikely that COE prices will decrease significantly.

The changes aim to differentiate between mass-market and high-end car buyers, potentially leading to varying costs for these groups. Further details on the proposed changes and their expected effects are available.

More information on what the proposed changes will achieve and what they will not address can be found in the COE review.