COEs Rise in Second Bidding Exercise of February

COEs Rise in Second Bidding Exercise of February

COE prices for both category A and B cars rise again. The impact of the COV-19 virus had left some showrooms initially with less footfall earlier this month, but buyers are beginning to pour in again. Rest-assured, all showrooms are taking their measures to safeguard against the virus. 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
19 Feb 2020

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 982 @ $32,999, up from $30,010,

Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 984 @ $32,889, up from $30,890,

Commercial Vehicle Category C,
Quota of 314 @ $25,001, down from $25,013,

Motorcycle Category D,
Quota of 578 @ $4,309, down from $4,401,

Open Category E (All but motorcycles),
Quota of 335 @ $33,031, down from $34,900,

Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank, 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.

Credits:

Local News
get quote bg
Sell your car at the highest price in Singapore
  • pros
    Convenient and Hassle-Free
  • pros
    Consumer Protection
  • pros

    Transparent Process
    With No Obligation

Other Articles
Explore moreright arrow
Nissan Ariya Review: Soothing Calmness
BYD Atto 3 Facelift Review: Sharpening the Good
Kia Sorento Hybrid SX Tech Pack Facelift Review: Seven To Go