April 2019 COE Results: Quota Premiums for Cars Go up Even Further

In the first bidding of April 2019, the Quota Premium for cars continues on its rise. In the first bidding exercise for April 2019, Cat A finished at $29,159, Cat B ended at $43,102, and Cat E closed at $48,209.

With 2,338 bids received, the Quota Premium (QP) for Cat A (Cars up to 1600CC & 97KW) went up by $2,500, from $26,659 to $29,159.

Cat B (Cars above 1600CC or 97KW) got 1,782 bids and ended at $43,102, up by $3,701 from $39,401 previously.

For Cat C (Goods Vehicle & Bus), the premium went up by $568, from $27,021 to $27,589.

Cat D (Motorcycles) closed at $3,501 from $3,469 previously, an increase of $32.

Lastly, Cat E (Open category) received 648 bids and went up by $7,209, closing at $48,209 from $41,000 at the last bidding.

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

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Read more: March 2019 COE Results 2nd Bidding: Quota Premiums for Cars Continue to Rise

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