COE prices may fall even before the injections starting February 2025, as dealers may bid lower in anticipation of falling prices, they say. SINGAPORE: The planned injection of up to 20,000 Certificates of Entitlement (COEs) could hurt their business in the short term as customers adopt a wait-and-see attitude with their purchases, car dealers said. The dealers said customers are anticipating car prices to fall with the additional COEs, which will be spread across all vehicle categories over