August 2022 COE Results 1st Bidding: Premiums See A Mix Of Increases and Decreases Across All Categories

Published by on
Editors%2 Fimages%2 F1659513884234 Coe+August Feature
In the 1st COE bidding exercise for August 2022, Cat A closed at $80,000, Cat B at $107,001, Cat C at $56,089, Cat D at $11,000 and Cat E at $113,000.

Cat A (Cars up to 1600CC & 97KW) received 689 bids and saw a $1,101 increase from the previous exercise. It closed at $80,000.

Cat B (Cars above 1600CC or 97KW) saw 612 bids and decreased by $3,002. It closed at $107,001.

Cat C (Goods Vehicle & Bus) received 168 bids and increased by $1,200. It closed at $56,089.

Cat D (Motorcycles) had 696 bids in total and saw a $90 increase. It closed today at $11,000.

Lastly, Cat E (Open Category) received 293 bids and saw an decrease of $1,001. It closed at $113,000.

Here’s a summary of the 2nd bidding exercise for July 2022:

Category
Current COE
Previous COE
Difference
PQP
A – Car up to 1600CC & 97KW

$80,000

$78,899



+ $1,101
$74,009 (Jul) 
B – Car above 1600CC or 97KW
$107,001

$110,003


- $3,002
$102,078 (Jul)
C – Goods Vehicle & Bus
$56,089

$54,889

+ $1,200
$52,883 (Jul) 
D – Motorcycle
$11,000

$10,910

+ $90
$10,180 (Jul) 
E – Open
$113,000

$114,001

- $1,001
-

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.

Claim your free car valuation today!

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.

Here are some other resources that might be of interest:

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!

Read More: July 2022 COE Results 2nd Bidding: Premiums See Increases Across All Categories Again


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.

0 Comments