COE Bidding Results (5 August 2020)
COE premiums in Category A, which are meant for cars with 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $33,000, up by $301 from the last exercise.
Premiums for larger and more powerful cars in Category B increased the most, from $35,001 to $37,102.
COEs for commercial vehicles, which include goods vehicles and buses, rose by $212 to $24,100.
Also seeing a significant jump were COE premiums in the Open category. Premiums in this category rose to $36,502 from $35,001, seeing a $1,501 jump. These premiums are used for any vehicle type but end up being used mainly for large cars
There were a total of 6,194 bids but with a quota of only 3,287 COEs available.
View results on OneMotoring here.