With this week’s drop in COE prices, at least 10 cars have dropped below the $90,000 mark in price. Here’s what they are…

SINGAPORE — Stock markets aren’t the only thing to have tumbled in 2016. On Wednesday prices for Certificates Of Entitlement (COEs) took a big hit, too.



Except for the motorcycle COE, prices fell across the board, though the steepest drop of all was in Category A (for cars with an engine up to 1.6-litres in size and less than 130 horsepower): down $9,000 to $45,002.

That brought car prices down, too, far enough for many of them to have ended up cheaper than $90,000. In fact, we found 10 of them selling for under that threshold.

But with COEs again up for bidding in an auction that closes January 20th, there’s only a small time window of time in which to act — if the COE market rebounds, car prices will bounce back up in tandem.

And given that the Singapore Motor Show opens its doors next week, there’s every chance that car buying will be frenzied enough to reheat the market.

Till then, here are 10 cars under 90 grand to consider…

Chevrolet Spark — Current price with COE: $89,999

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This funky car had a minor starring role in a little Michael Bay movie titled Transformers. It has a 1.0-litre engine that produces 67bhp and 89Nm of torque at 3,400rpm, just enough for a runaround in the city.

Hyundai Accent — Current price with COE: $85,999

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The fourth-generation Accent lacks everything its predecessor was known for; cheap plastics, oddball styling and barebones interior. For a no-frills car, this entry-level sedan also comes with dual airbags, front and rear disc brakes and even electronic stability program or ESP.

READ MORE: Hyundai puts on posh Accent

Hyundai Elantra — Current price with COE: $85,999 with COE

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