In the latest COE Bidding Results (20 Nov 2019), COE premiums closed mixed. The biggest change came in premiums for Category A! Check them out below.
COE Bidding Results (20 Nov 2019)
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $32,000, seeing a $2,000 increase as compared to the last exercise.
However, COE premiums for larger and more powerful cars in Category B fell to $39,700 from $40,009.
Also falling were COE premiums for commercial vehicles, which include goods vehicles and buses. Premiums in this category fell by $890, closing at $24,502, from $25,392 in the previous bidding exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to $40,889 from $40,101.
There were a total of 4,808 bids received, but a quota of only 3,452 COEs available.