COE premiums for cars at all-time high as Open category, Cat B break $140k mark
PHOTO: The Straits Times file
PUBLISHED ONSeptember 20, 2023 9:01 AM
In the 2nd COE bidding exercise for September 2023, Cat A closed at $105,000, Cat B at $140,889, Cat C at $83,801, Cat D at $10,700, and Cat E at $144,640.
Cat A (Cars up to 1600CC & 97KW) received 864 bids and increased by $4,000. It closed at $105,000.
Cat B (Cars above 1600CC or 97KW) saw 735 bids and increased by $6,000. It closed at $140,889.
Cat C (Goods Vehicle & Bus) received 153 bids and increased by $912. It closed at $83,801.
Cat D (Motorcycles) received 639 bids in total with a decrease of $200. It closed at $10,700.
Lastly, Cat E (Open Category) received 282 bids and saw an increase of $7,640. It closed at $144,640.
Here's a summary of the 2nd bidding exercise for September 2023:
|
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $105,000 |
$101,000 |
$4,000 |
$97,652(Sep) $99,617(Oct) |
| B – Car above 1600CC or 97KW | $140,889 |
$134,889
|
$6,000 |
$122,414(Sep) $128,094(Oct) |
| C – Goods Vehicle & Bus | $83,801 |
$82,889 |
$912 |
$82,345(Sep) $82,636(Oct) |
| D – Motorcycle | $10,700 |
$10,901 |
-$200 |
$10,868(Sep) $10,850(Oct) |
| E – Open | $144,640 |
$137,000 |
$7,640 |
- |
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