COE Bidding Results (19 August 2020)
COE premiums in Category A, which are meant for cars with 1,600cc and below with horsepower not exceeding 130bhp, premiums saw the biggest jump, closing at $35,710, up by $2,710 from the last exercise.
Premiums for larger and more powerful cars in Category B rose from $37,102 to $38,802.
COEs for commercial vehicles, which include goods vehicles and buses, also increased in this round of bidding. Premiums in this category went up by $906 to $25,006.
Also seeing a significant jump were COE premiums in the Open category. Premiums in this category rose to $38,110 from $36,502, seeing a $1,608 jump. These premiums are used for any vehicle type but end up being used mainly for large cars
There were a total of 5,973 bids but with a quota of only 3,283 COEs available.
View results on OneMotoring here.