This Week In Cars #18: COE Rises Yet Again, ERP Prices Rise and Skoda Octavia RS Launches

(Photo Credit: Skoda)

To the moon - though perhaps not in the way most are hoping for. This week, both COE and ERP prices continue to rise, we explore cost savings if you go electric, and Skoda launches the new Octavia RS!

In short, if you're looking for a condensed list of our weekly round-up, we have:

1. February COE Results 1st Bidding: Premiums Rise Again Across All Categories
2. ERP Prices To Increase At Certain Gantries From 14th February 2022
3.  Can You Really Save Money If You Switch to an Electric Vehicle?
4. Skoda Launches All-New Octavia RS In Singapore; Priced At S$199,900 Incl. COE
5. Video: The 2021 MITSUBISHI ECLIPSE CROSS is not a bad car! | mReview
6. Motorist mBassador Talent Search 2022 : Be the New Face of Motorist

Continue scrolling to read a condensed version of the articles! Otherwise, you can click on the links above to bring you to the respective article or video!

February COE Results 1st Bidding: Premiums Rise Again Across All Categories

In the 1st COE bidding exercise for February 2022, Cat A closed at $60,761, Cat B at $86,102, Cat C at $44,001 Cat D at $10,010 and Cat E at $87,000

Cat A (Cars up to 1600CC & 97KW) received 819 bids and saw a $2,863 increase from the previous exercise. It closed at $60,761

Cat B (Cars above 1600CC or 97KW) saw 865 bids and increased by $4,101. It closed at $86,102.

Cat C (Goods Vehicle & Bus) received 149 bids and increased by $1,000. It closed at $44,001

Cat D (Motorcycles) had 555 bids in total and saw an increase of $10. It closed today at $10,010.

Lastly, Cat E (Open Category) received 269 bids and saw an increase of $3,089. It closed at $87,000.

For a full rundown of the COE results proceed here

ERP Prices To Increase At Certain Gantries From 14th February 2022

(Photo Credit: TODAYonline)

The LTA has completed its latest ERP review, and will raise ERP prices at certain gantries to better 'manage congestion'.

These adjustments are based off of data gathered in January 2022. With the gradual easing of COVID restrictions, the LTA has stated that traffic has built up at certain stretches on the Ayer Rajah Expressway (AYE) and Central Expressway (CTE). 

Click here to find which ERP gantries have adjusted rates

Can You Really Save Money If You Switch to an Electric Vehicle?

Utilising renewable energy for propulsion is not only good for the environment, it also yields the end consumer a fairly decent saving over the current convention. 

Undoubtly, the future of the automobile is electric - as the technology matures and advances, expect range and power figures of the EV to match, or surpass the fossil-fueled establishment. In fact, this change is already happening. 

Range anxiety and charging woes have long been a glaring issue for those on the fence. But as it evolves to become the new norm, you'd expect solutions to these issues to fall into place naturally - think a rapid maturation of the charging infrastructure!

But this article isn't about the pros and the cons of EV ownership; all we really care about in this piece is - just how much dosh can one save by going electric? Click here to find out?

Skoda Launches All-New Octavia RS In Singapore; Priced At S$199,900 Incl. COE

Photo Credit: Skoda

Skoda launched the all-new Octavia RS in Singapore today, with prices set to start from S$199,900 including COE. The new Octavia RS has been given a refresh both inside and out with an updated design and added assistance systems, comfort and connectivity features.

Skoda has retained the 2.0 TSI and 7-speed DSG engine and gearbox combo in the Octavia RS that still produces 245PS and 370Nm of torque, but now with an added focus on efficiency. This means the Octavia RS will go from 0-100km/h in just 6.7s and on to a top speed of 250km/h. 

Click here to find out more about the Octavia RS!

Video: The 2021 MITSUBISHI ECLIPSE CROSS is not a bad car! | mReview

Offered in two trim levels, Classic and Style, the differences lie in the additional safety features and cool stuff like the 18-inch rims and 8-inch infotainment screen! Just got your driving licence? This car is definitely not a problem for you! 

Read more about the 2021 Mitsubishi Eclipse Cross here

Motorist mBassador Talent Search 2022 : Be the New Face of Motorist

If you are an aspiring influencer, model, or up-and-coming automotive host, the mBassador Talent Search by Motorist might be just for you!

From 15 January 2022 to 28 February 2022, Motorist will be accepting participants for our first-ever Motorist mBassador Talent Search to be the new face of Motorist!

Not only will you become the host and face of our upcoming YouTube video series, but you will also walk away with a one-year talent contract with Motorist, $10,000 in cash and other attractive prizes (to be announced).

Proceed here for more information!

Read More: This Week In Cars #17: Eclipse Cross mReview, One-off Rolls-Royce and Subaru BRZ Unveiled

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