September 2018 COE Results: Premiums Fall for All Categories

Car News    Motorist Pte Ltd

Motorist Coe Results September 2018

In the 1st COE bidding exercise for September 2018, COE premiums fell across all categories. COE Premiums for Cat A, B, and E closed at $30,209, $32,001, and $31,801 respectively.

At the close of the 1st bidding exercise for September 2018, the COE premiums for Cat A (Cars up to 1600CC & 97KW) vehicles took a turn and drop by $1,788 – from $31, 997 to $30,209.

Similarly, Cat B (Cars above 1600CC or 97KW) COE prices also went down, from $32,429 to $32,001 – a difference of $428.

As for Cat C (Goods vehicles & buses) and Cat D (Motorcycles) vehicles, premiums for both categories continue to fall. Cat C closed at $27,001, from $29,902, while Cat D finished at $4,390, from $4,889 earlier this month.

Lastly, for the Open category, which can be used for all types of vehicles except motorcycles, COE prices went down by $510, from $32,311 to $31,801.

Here’s a summary of the 1st bidding exercise for September 2018.

Category

Current COE premium
(September 2018 – 1st Bidding)

Previous COE premium
(August 2018 – 2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$30,209

$31, 997

$1,788 (-5.5%)

B – Car above 1600CC or 97KW

$32,001

$32,429

$428 (-1.3%)

C – Goods Vehicle & Bus

$27,001

$29,902

$2901 (-9.7%)

D - Motorcycle

$4,390

$4,889

$499 (-10.2%)

E - Open

$31,801

$32,311

$510 (-1.6%)


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Read more: August 2018 COE Results 2nd Bidding: Premiums Fall Across All Categories


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