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Category A COEs Slip by $7k

Climbing COE prices take a pause in May’s second COE bidding exercise. Category A tumbles by $7k 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 May 2021

Quota of 835 @ $41,801, down from $48,002,

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

Quota of 817 @ $58,809, down from $60,001,

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

Quota of 164 @ $42,702, down from $43,001,

Commercial Vehicle Category C,

Quota of 628 @ $8,701 up from 8,011,

Motorcycle Category D,

Quota of 266 @ $62,000, down from $63,002,

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.

Credits:

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William Teng
2 weeks ago
The quote for my car was fast, responsive and the highest. The transaction was fast and explanation was clear. The person who inspected my car was friendly and professional. It was a good experience with OneShift.
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William Chan
3 weeks ago
The transaction was very smooth from the minute I get on to their website trying to sell my car till the car ownership transferred and have the money paid by Pay Now into my account. It only takes less than 3 days. The person attending to me are very professional, Jon at the phone in their office and Sean Tan who came down to view and test the car. I am very happy to have decided to sell my car through "One Shift By Carousell"