Most COE Premiums Rise In Second COE Bidding Exercise of April 2024
Cat B and E COEs hover at six figures, while Cat A climbs to 94 grand.
The latest premium for Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp closed at S$94,010, an increase of S$5,010 from the previous tender.
Premiums for large cars in Category B (above 1,600cc or 97kW) ended higher at S$102,001, an increase of S$667 from the previous result.
COEs for commercial vehicles, including goods vehicles and buses, increased by S$1,001 to S$68,502.
In the motorcycle category, the premium experienced a decrease of S$10, to S$9,990.
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$2,247, to S$103,249.
---
Purchase your next car seamlessly with Carousell Certified.
Convenient and Hassle-Free- Consumer Protection
Transparent Process
With No Obligation
Get the Best Price for your used car
from 500+ dealers in 24 hours
