COE Bidding Results (23 September 2020)
For COE premiums in Category A, which are meant for cars with 1,600cc and below and with horsepower not exceeding 130bhp, premiums saw the biggest jump, closing at $38,504, climbing up by $738.
Surprisingly, premiums for larger and more powerful cars in Category B dropped for the first time in months, falling from $41,510 to $40,989.
COEs for commercial vehicles, which include goods vehicles and buses, rose the most in this round of bidding. Premiums in this category went up by $1,945 to $28,589.
Also seeing a jump were COE premiums in the Open category. Premiums in this category rose to $41,001, seeing a $211 jump. These premiums are used for any vehicle type but end up being used mainly for larger cars
There were a total of 4,941 bids but with a quota of only 3,262 COEs available.
View results on OneMotoring here.