In the latest COE Bidding Results (22 July 2020), COE premiums closed mostly lower across the board. Check out where the premiums closed at below!
COE Bidding Results (22 July 2020)
COE premiums in Category A, which are meant for cars with 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $32,699, down from $33,520 in the last exercise.
Premiums for larger and more powerful cars in Category B fell to $35,001 from $35,889.
COEs for commercial vehicles, which include goods vehicles and buses, fell to $23,888 from $24,502 in the previous bidding exercise.
However, Open category COEs saw a slight increase in premium prices. Premiums in this category rose to $35,001 from $34,989. These premiums are used for any vehicle type but end up being used mainly for large cars
There were a total of 7,810 bids but with a quota of only 4,449 COEs available.
View results on OneMotoring here.