In the 2nd COE bidding exercise for February 2022, Cat A closed at $63,000, Cat B at $93,590, Cat C at $46,501 Cat D at $10,589 and Cat E at $93,102.
Cat A (Cars up to 1600CC & 97KW) received 876 bids and saw a $2,239 increase from the previous exercise. It closed at $63,000
Cat B (Cars above 1600CC or 97KW) saw 939 bids and increased by $7,488. It closed at $93,590.
Cat C (Goods Vehicle & Bus) received 194 bids and increased by $2,500. It closed at $46,501
Cat D (Motorcycles) had 521 bids in total and saw an increase of $579. It closed today at $10,589.
Lastly, Cat E (Open Category) received 300 bids and saw an increase of $6,102. It closed at $93,102.
Here’s a summary of the 1st bidding exercise for February 2022:
|Category||Current COE||Previous COE||Difference|
|A – Car up to 1600CC & 97KW||$63,000||$60,761
|B – Car above 1600CC or 97KW||$94,590||$86,102
|C – Goods Vehicle & Bus||$46,501||$44,001
|D – Motorcycle||$10,589||$10,010
|E – Open||$93,102||$87,000
Thinking about upgrading your car after seeing the latest COE results? Motorist can help you sell your vehicle at the highest possible price. Simply click on the button below to receive an online car valuation today. This service is completely free, with zero obligations.
For those looking to renew their COE, Motorist also provides free COE renewal advice. That way, you can decide if it's a better option to scrap your vehicle or extend its life.
COE Hike: Why Now Is the Best Time to Purchase a Used Car
COE Hike: Why It's A Good Time To Sell Your Current Car Now
COE Quota To Decrease Further From February 2022 to April 2022
Join our COE Live Results & Speculations Telegram Group
Schedule a free COE renewal consultation session!
Download the Motorist App now. Designed by drivers for drivers, this all-in-one app lets you receive the latest traffic updates, gives you access to live traffic cameras, and helps you manage LTA and vehicle matters
Did you know we have a Motorist Telegram Channel? Created exclusively for drivers and car owners in Singapore, you can get instant info about our latest promotions, articles, tips & hacks, or simply chat with the Motorist Team and fellow drivers.