Category A COE Premiums Dip Slightly
Category A Premiums take a slight dip during October’s second COE bidding exercise. Some good news for those who plan to make a purchase of cars which fall within this price-sensitive category. For those who are keen to do a COE renewal, click here for an affordable repayment scheme for your COE loan.
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,060 @ $32,309, down from $34,001,
Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,044 @ $41,805, up from $41,361,
Commercial Vehicle Category C,
Quota of 284 @ $26,001, down from $26,509,
Motorcycle Category D,
Quota of 753 @ $3,889, up from $3,800,
Open Category E (All but motorcycles),
Quota of 369 @ $42,020, up from $41,001,
Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank, do ensure that you have bank accounts with these participating banks.
The bid deposit for COEs in Categories A, B, C and E is $10,000 per bid while that for Category D is $200 per bid.
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