The cost of the Certificate of Entitlement (COE) in Singapore has remained at record highs in recent years. This situation has made many potential car owners more cautious in choosing their next vehicle. The big question is: could a hybrid car be the best option to deal with soaring COE costs? Why Are High COE Prices a Challenge? COE is the single largest component in the overall cost of owning a car in Singapore. When COE prices climb, the total cost of both new cars and pre-owned cars inevitably rises. As a result, buyers are increasingly looking for vehicles that...