First Post-COVID19 COE Results - Prices Spike Across The Board

Posted by clifford chow
8 Jul 2020

COE bidding has finally resumed, since it was halted in March after the second bidding exercise. Similarly, due to the “Circuit Breaker” measures put in-place, car sales initially came to a halt. Dealerships made up for this by allowing buyers who were still interested making a purchase to book their cars online. Virtual showrooms have been a norm during this unprecedented pandemic, with many dealerships offering even buyers attractive deals.

While LTA has announced that there will be 30-percent more passenger car COEs distributed during the July-September period, to make up for COEs not distributed during the “Circuit Breaker”, results today show a spike in COE prices for all categories.

For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,289 @ $33,250, up from $31,210,

Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 1,291 @ $35,889, up from $30,012,

Commercial Vehicle Category C,
Quota of 489 @ $24,502, up from $22,002,

Motorcycle Category D,
Quota of 869 @ $7,702, up from $4,489,

Open Category E (All but motorcycles),
Quota of 31 @ $34,989, up from 32,500

Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank, 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.


Sell Fast With Ease - SwiftQuote

With SwiftQuote, you get:
  Best value for your car    A peace of mind when selling    Fast sale from start to end

HIGHEST PRICE FOR YOUR CAR

Best offer with no obligations.
Start Now!

I agree to the collection, use and disclosure of my personal data by Carousell and/or such other third party (as may be necessary) and to be contacted (via email, phone call and/or text message) for any purposes in connection with the application of and transaction of the vehicle, in accordance with the Personal Data Protection Act 2012 and Carousell's Privacy Policy.

The buyer view well explain and friendly. Fast deal with quite reason offer price.

Kelvin - 4 days ago

Very helpful support from Angie, prompt communications and arranging with the other party. Just like any other Carousell deal! Recommended 200%! A+++.

Wong Sze Cheong - 1 week ago

Sold my Hyundai Avante 1.6A with ease and thru their friendly personnel.

Afdal Amin - 1 week ago

A great platform to sell ur car!!!Thumbs up for swiftQuote!!!!

Muhammad Fadhli Bin Johari - 2 weeks ago

Fast and efficiency. thank you.

Teo Siong Hee - 3 weeks ago

Very prompt response and the whole transaction was done fuss free.

Richard Koh Chor Kiat - 3 weeks ago

Very prompt and well managed service. I got offers within the time scale that SwiftQuote indicated, and was happy with the quotes and final price made by the dealer.

Elson Andrew - 3 weeks ago

Thank you SwiftQuote for getting the good price from group of dealers for my Honda Accord in just few days time. $1-2k higher than dealers that I hv approached.

Johnson Lim - 1 month ago

Very quick and competitive quotation provided. Thank you for the help!

Priscilla - 1 month ago
News
173
173
9 Jun 2021
Posted in News
News
440
440
19 May 2021
Posted in News
News
1,020
1,020
3 May 2021
Posted in News
News
859
859
29 Apr 2021
Posted in News
News
806
806
26 Apr 2021
Posted in News
News
554
554
21 Apr 2021
Posted in News
News
936
936
17 Mar 2021
Posted in News
News
999
999
3 Mar 2021
Posted in News
News
1,876
1,876
25 Jan 2021
Posted in News

Picture Gallery