December 2019 COE Results: Premiums End Mostly Lower For Car Categories

Motorist Coe Results Dec 2019 1st Bid
COE prices for cars end mostly lower in the first bidding exercise for December 2019. In this exercise, Cat A closed at $33,009, Cat B at $37,900, and Cat E at $38,889.

With 1,386 received bids, Cat A (Cars up to 1600CC & 97KW) closed at $33,009 — $1,009 higher from the previous exercise.

For Cat B (Cars above 1600CC or 97KW), there was a $1,800 decrease. It received 1,265 bids in total and closed at $37,900.

Cat C (Goods Vehicle & Bus) closed $798 lower from the previous exercise at $23,704.

As for Cat D (Motorcycles), it also closed lower at $3,789.

Finally, for Cat E (Open category), it received 518 bids and closed at $38,889, a decrease of $2,000 from the previous exercise.

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

Category

Current COE premium
(Dec 2019-1st Bidding)

Previous COE premium
(Nov 2019-2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$33,009

$32,000

$1,009 (+3.2%)

B – Car above 1600CC or 97KW

$37,900

$39,700

$1,800 (-4.5%)

C – Goods Vehicle & Bus

$23,704

$24,502

$798 (-3.3%)

D Motorcycle

$3,789

$3,921

$132 (-3.4%)

E Open

$38,889

$40,889

$2,000 (-4.9%)

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


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