February 2003

2nd Bidding

COE Prices 15/02/2003
COE Category

CAT A

CAR UP TO 1600CC & 97KW

CAT B

CAR ABOVE 1600CC OR 97KW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE
Quota Premium

$29,999

$30,699

$11,201

$1

$30,100
Change

$1,004

$2,958

$1,385

-

$3,801
Quota

1,340

663

570

1,051

1,090
Bids Received

2,251

1,148

786

834

1,517
PQP

$28,101 (Feb)
$28,581 (Mar)

$26,829 (Feb)
$28,277 (Mar)

$12,725 (Feb)
$11,892 (Mar)

$3 (Feb)
$2 (Mar)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$29,999

Change

$1,004

Quota

1,340

Bids Received

2,251

PQP

$28,101 (Feb) / $28,581 (Mar)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$30,699

Change

$2,958

Quota

663

Bids Received

1,148

PQP

$26,829 (Feb) / $28,277 (Mar)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$11,201

Change

$1,385

Quota

570

Bids Received

786

PQP

$12,725 (Feb) / $11,892 (Mar)

CAT D (MOTORCYCLE)

Quota Premium

$1

Change

-

Quota

1,051

Bids Received

834

PQP

$3 (Feb) / $2 (Mar)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$30,100

Change

$3,801

Quota

1,090

Bids Received

1,517

PQP

-

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26 Comments

Prabakaran Gopalakrishnan
The Electric car is the next generation technology so the car companies want to clear the stock and make the way for electric vehicle. Example is the Blue SG Car renting services are running successfully in sg during the pandemic many people opted for safe travel purposes..
Reply

2 months ago

Azman Mohammed Noh
Yes, why are prices still increases? 💭
Reply

2 months ago

Henry Seah
COE quota will be short supply due to lower dereg vehicles. Wd expect future COE price to increase.
Reply

3 months ago

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

5 months ago

View 1 Reply
Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
Reply

7 months ago

Glossary

Quota PremiumPrice of the successful COE bid.
ChangeDifference between current price of COE and the previous price.
QuotaNumber of COE issued.
Bids ReceivedNumber of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.