Proportion of New Car Purchases under Guaranteed COE Packages in Past Five Years and Average Number of Dealer Bidding Rounds

Mr Victor Lye asked the Acting Minister for Transport (a) in each of the past five years, what proportion of new car purchases were transacted under guaranteed COE packages; and (b) whether the Ministry has data on the average number of bidding rounds required for dealers to fulfil such guaranteed COE commitments.

Mr Jeffrey Siow: Vehicle sales, including car sales packages with Certificate of Entitlement, are private commercial arrangements between buyers and sellers. The Ministry of Transport does not have the information requested by the Member.