COE premiums for cars hit all-time high for second time in a row
The COE premium for smaller cars up to 1,600cc and 130bhp, as well as for electric vehicles with up to 110 kilowatts of power, finished at $96,501.
PHOTO: The Straits Times
PUBLISHED ONApril 05, 2023 9:12 AMByLee Nian Tjoe
In the 1st COE bidding exercise for April 2023, Cat A closed at $96,501, Cat B at $118,501, Cat C at $76,801, Cat D at $12,001, and Cat E at $118,990.
Cat A (Cars up to 1600CC & 97KW) received 749 bids and and increased by $2,998. It closed at $96,501.
Cat B (Cars above 1600CC or 97KW) saw 566 bids and increased by $2,300. It closed at $118,501.
Cat C (Goods Vehicle & Bus) received 103 bids and decreased by $8,588. It closed at $76,801.
Cat D (Motorcycles) received 529 bids in total with no changes. It closed at $12,001.
Lastly, Cat E (Open Category) received 252 bids and saw an increase of $2,970. It closed at $118,990.
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Here’s a summary of the 1st bidding exercise for April 2023:
