March 2020 COE Results: Premiums End Lower for Most Categories

Motorist Coe Results March 2020
The first COE exercise for March 2020 closed mostly lower across the board. Cat A closed at $32,699, Cat B at $32,801, and Cat E at $32,500.

With 1,436 bids received, Cat A (Cars up to 1600CC & 97KW) closed $300 lower from the previous exercise, at $32,666.

For Cat B (Cars above 1600CC or 97KW), it closed at $32,801, $88 lower than last month. It received 1,347 bids in total.

Cat C (Goods Vehicle & Bus) closed at $24,202; $799 lower from the previous exercise.

For Cat D (Motorcycles), it is the only category that went up. However, it only went up by $1! It closed at $4,310.

Lastly, for Cat E (Open category), it received 512 bids and closed at $32,500, a decrease of $801.

Here’s a summary of the 1st bidding exercise for March 2020:

Category

Current COE premium
(March 2020 - 1st Bidding)

Previous COE premium
(Feb 2020 - 2nd Bidding)

Difference

A – Car up to 1600CC & 97KW

$32,666

$32,999

$300 (-1%)

B – Car above 1600CC or 97KW

$32,801

$32,889

$88 (-0.2%)

C – Goods Vehicle & Bus

$24,202

$25,001

$799 (-3.2%)

D Motorcycle

$4,310

$4,309

$1 (+0.02%)

E Open

$32,500

$33,301

$801 (-2.4%)

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Read More: February 2020 COE Results 2nd Bidding: Quota Premiums Rise for Categories A and B


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