COE Prices For Cars Dip Slightly Despite Reduction In Available Quotas

COE Prices For Cars Dip Slightly Despite Reduction In Available Quotas

COE prices have taken a dip, despite the reduction in available quotas. The Category B COE, that breached the $50,000 mark during the last bidding exercise, has fallen the most, by $3,310.  For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.

OneShift Editorial Team
OneShift Editorial Team
03 Feb 2021

Quota of 885 @ $42,000 down from $43,501,

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),

Quota of 943 @ $46,790, down from $50,100,

Category B (cars above 1,600cc, or have more than 130bhp),

Quota of 276 @ $45,001, up from $40,999,,

Commercial Vehicle Category C,


Quota of 572 @ $7,506, down from $7,589,

Motorcycle Category D,

Quota of 300 @ $49,778, down from $51,900,

Open Category E (All but motorcycles),

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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