October 2019 COE Results: Premiums End Higher Across the Board

Motorist Coe Results October 2019
Quota Premiums for COE ended higher across the board in the 1st bidding exercise for October 2019. The premiums are: $34,001 for Cat A, $41,361 for Cat B, and $41,001 for Cat E.

With 1,659 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $34,001. In the last bidding exercise, it closed at $31,759 — a difference of $2,242.

For Cat B (Cars above 1600CC or 97KW), it received 1,559 bids and closed at $41,361. At an increase of $4,361, this was the biggest jump in this exercise.

Cat C (Goods Vehicle & Bus) closed $953 higher than the previous exercise. It closed at $26,509.

As for Cat D (Motorcycles), it closed $199 higher at $3,800 — from $3,601 in the previous exercise.

Lastly, Cat E (Open category) received 601 bids and closed at $41,001, an increase of $1,001 for the last exercise.

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

Category

Current COE premium
(October 2019-1st Bidding)

Previous COE premium
(September 2019-2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$34,001

$31,759

$2,242 (-0.08%)

B – Car above 1600CC or 97KW

$41,361

$37,000

$4,361 (2.8%)

C – Goods Vehicle & Bus

$26,509

$25,556

$953 (0.2%)

D Motorcycle

$3,800

$3,601

$199 (-11.9%)

E Open

$41,001

$40,000

$1,001 (5.5%)

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 for customers of Motorist, with zero obligations attached.

Schedule a FREE Car Valuation

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.

Schedule a free COE renewal consultation session!

Read more: September 2019 COE Results 2nd Bidding: Premiums for Cars End Slightly Higher


Download the new 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