COE Bidding Results (9 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 $37,766, climbing up by $2,056.
Premiums for larger and more powerful cars in Category B rose the highest, from $38,802 to $41,510.
COEs for commercial vehicles, which include goods vehicles and buses, also increased in this round of bidding. Premiums in this category went up by $1,638 to $26,644.
Also seeing a significant jump were COE premiums in the Open category. Premiums in this category rose to $40,790 from $38,110, seeing a $2,680 jump. These premiums are used for any vehicle type but end up being used mainly for larger cars
There were a total of 5,340 bids but with a quota of only 3,259 COEs available.
View results on OneMotoring here.