In Jan 2013, Cat A and Cat B
COE was in the $90k+ range. Now in Nov 2014 (2nd bidding), Cat A is about $68k and Cat B is about $70k. So today's
COE prices still considered cheap in comparison.
COE prices still have room to rise by $20k+ from today's prices to reach back to the $90k+ range. You will witness prices continue to rise. By end 2015, Cat A will reach $85k while Cat B will reach $95k AT LEAST. If you need to change your car, best is to buy now.