Category A And B COE Premiums Take Another Dip
Category A Premiums take a $2,309 dip during November’s first 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 1,043 @ $30,000, down from $32,309,
Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,017 @ $40,009, down from $41,805,
Commercial Vehicle Category C,
Quota of 318 @ $25,392, down from $26,001,
Motorcycle Category D,
Quota of 693 @ $4,100, up from $3,889
Open Category E (All but motorcycles),
Quota of 383 @ $40,101, down from $42,020,
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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