March 2020 COE Results 2nd Bidding: Quota Premiums Dip for Categories A, B and C

Published by on . Updated on 18 May 2020
Screenshot 103
In the 2nd COE exercise for March 2020, prices dipped for Categories A, B and C. Cat A closed at $31,210, Cat B at $30,012, and Cat E remained unchanged at $32,500.

With 1,421 bids received, Cat A (Cars up to 1600CC & 97KW) closed $1,489 lower from the previous exercise, at $31,210.

For Cat B (Cars above 1600CC or 97KW), it closed at $30,021, $2,789 lower than last month. It received 1,366 bids in total.

Cat C (Goods Vehicle & Bus) closed at $22,002; $2,200 lower from the previous exercise. It received 708 bids in total.

For Cat D (Motorcycles), it is the only category that went up. It went up by $179, and closed at $4,489. It received 757 bids in total.

Lastly, for Cat E (Open category), it received 503 bids and remain unchanged at $32,500.

Here’s a summary of the 2nd bidding exercise for March 2020:


Current COE premium
(March 2020 - 2nd Bidding)

Previous COE premium
(March 2020 - 1st Bidding)


A – Car up to 1600CC & 97KW



$ 1,489


B – Car above 1600CC or 97KW





C – Goods Vehicle & Bus





D Motorcycle





E Open




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, with zero obligations.

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: March 2020 COE Results: Premiums End Lower for Most CategoriesMarch 2020 COE Results: Premiums End Lower for Most Categories