Category A COEs Jump in First Bidding Exercise for August

Posted by clifford chow
7 Aug 2019
Category A COEs Jump in First Bidding Exercise for August

Category A COEs experience a $6,000 jump during the First Bidding Exercise for August. Prices are expected to remain high, since most price sensitive cars will fall in this category, and certificates issued is set to contract by 25.8%.  

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 1,059@ $32,725, up from $26,667

Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,047 @ $40,001, up from $39,406,

Commercial Vehicle Category C,                          
Quota of 292 @ $27,800, up from $24,599,

Motorcycle Category D,
Quota of 751 @ $4,400, up from $3,554,

Open Category E (All but motorcycles),
Quota of 357 @ $40,512 up from $39,889,

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.


Looking to renew your COE to extend the ownership of your car?
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Pleasantly surprised how smooth the process took. Alex is a joy to work with. I got my COE loan renewed within a week.
Tan Eu Gin
The Oneshift team is knowledgeable and was able to advise on the renewal procedure in a simple way that I can understand! Thumbs up
Evelyn Lim
Thanks for Charlie for advising me on the monthly loan breakdown amount and repayment periods. The low interest rate helps! Will recommend to friends.
James Lee
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