March 2019 COE Results: Quota Premiums for Cars on the Rise

Published by on . Updated on 18 May 2020

March 2019 Coe Results 1st Bidding

The Quota Premium for cars appears to be on the rise. In the first bidding exercise for March 2019, Cat A closed at $26,309, Cat B finished at $36,961, and Cat E ended at $37,620.

With 2,213 bids received, the Quota Premium (QP) for Cat A (Cars up to 1600CC & 97KW) went up by $8, from $26,301 to $26,309.

Cat B (Cars above 1600CC or 97KW) received 1,903 bids and ended at $36,961, from $35,403 previously.

For Cat C (Goods Vehicle & Bus), the premium went up by $96, from $26,914 to $27,010.

Cat D (Motorcycles) was the only category that fell in this exercise. It dropped by $87, from $3,689 to $3,602.

Last but not least, Cat E (Open category) received 689 bids and closed $953 higher. Premiums rose by $953, from $36,667 to $37,620.

Here’s a summary of the 1st bidding exercise for March 2019.


Current COE premium
(March 2019 1st Bidding )

Previous COE premium
(February 2019 2nd Bidding )


A – Car up to 1600CC & 97KW



$8 (+0.03%)

B – Car above 1600CC or 97KW



$1,558 (+4.4%)

C – Goods Vehicle & Bus



$96 (+0.36%)

D Motorcycle



$87 (-2.36%)

E Open



$953 (+2.6%)

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Read more: February 2019 COE Results 2nd Bidding: Premiums for Cars on the Rise, End Mostly Higher

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