COE Bidding Exercise - Dip In First Round Of November COEs Will Ring In More Affordable Prices, Especially For Category A Car Buyers

Posted by clifford chow
4 Nov 2020

COE bidding has closed with lower premiums for both Category A and B cars, during November’s first bidding exercise. Part of this is attributed to an increase in the number of certificates released for the months of November to January next year. We would believe that prices will still eventually be on the uptrend over the next few months.

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 967 @ $35,990, down from $37,334,

Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 1,013 @ $39,000, down from $40,990, 

Commercial Vehicle Category C,
Quota of 370 @ $31,502, down from $33,778,

Motorcycle Category D,
Quota of 533 @ $7,251, down from $7,300,

Open Category E (All but motorcycles),
Quota of 464 @ $39,500, down 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?
Get the best loan arrangement for your needs today. Quick response time with friendly and knowledgeable customer support.

COE Renewal Loan Singapore

Most Affordable Monthly Repayment.
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.

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
News
327
327
22 Sep 2021
Posted in News
News
230
230
8 Sep 2021
Posted in News
News
594
594
18 Aug 2021
Posted in News
News
900
900
16 Aug 2021
Posted in News
News
661
661
4 Aug 2021
Posted in News
News
939
939
22 Jul 2021
Posted in News
News
1,059
1,059
12 Jul 2021
Posted in News
News
1,462
1,462
8 Jul 2021
Posted in News
News
1,415
1,415
14 Jun 2021
Posted in News
News
1,433
1,433
9 Jun 2021
Posted in News
News
1,779
1,779
19 May 2021
Posted in News
News
1,027
1,027
14 May 2021
Posted in News
News
2,559
2,559
5 May 2021
Posted in News

Picture Gallery