COE Premiums Increase Across All 5 Categories Again In Second Bidding Exercise Of July 2022

COE Premiums Increase Across All 5 Categories Again In Second Bidding Exercise Of July 2022

OneShift Editorial Team
OneShift Editorial Team
20 Jul 2022

The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$78,899, an increase of S$898.

Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$110,003, an increase of S$2,203 from the previous tender.

COEs for commercial vehicles, including goods vehicles and buses, increased by S$888 to S$54,889.

In the motorcycle category, premiums went up by S$21, to S$10,910.

In the open category (Category E), which can be used for any type of vehicles but often end up being used for big cars, premiums increased by S$3,477, to S$114,001.

Credits:

Local News
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