September 2018 COE Results 2nd Bidding: Cat A & B Premiums Continue to Fall

In the 2nd COE bidding exercise for September 2018, premiums for Cat A and B fell to $28,000 and $31,307 respectively. COE premiums for motorcycles also experienced a slight drop.

Closed today at 4pm, the 2nd COE bidding exercise for September 2018 saw the quota premium for Cat A (Cars up to 1600CC & 97KW) fall to a fair $28,000. This is a $2,209 difference from the bidding exercise two weeks ago.

Cat B (Cars above 1600CC or 97KW) also saw a decrease, albeit slightly lesser than Cat A. The difference is $694, dropping from $32,001 to $31,307.

For Cat C (Goods vehicles & buses), this category saw a slight increase of $103, from $27,001 in the previous exercise to $27,104.

In Cat D, premiums for Motorcycles saw a slight drop in prices, from $4,390 to $4,214 — a $176 difference.

Last but not least, Cat E (Open category) saw a small increment of $199, from $31,801 in the last exercise to $32,000.

Here’s a summary of the 2nd bidding exercise for September 2018.

Thinking about upgrading your car after seeing the latest COE results? Motorist.sg can help you transact 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.

I want to receive a free online car valuation

For those looking to renew their COE, Motorist.sg also provides free COE renewal advice. That way, you can decide if its a better option to scrap your vehicle or extend its life.

Read more: September 2018 COE Results: Premiums Fall for All Categories

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.