Cat A COE premiums hit a new low since November 2010
06 Sep 2017|7,841 views
In the first COE bidding exercise for September, COE premiums see a decrease for Cat A, B and E.
Premiums for Cat B, larger cars with more than 130bhp or engine displacements larger than 1,600cc, went down by $2,000 (3.9 percent) and ended at $49,000.
In Cat E, the open category, prices also fell by $1,995 (4.0 percent), with premiums closing at $48,005.
Cat A prices have hit a new low since they last dropped to $34,001 in November 2010. This significant drop could have been caused by several factors such as popular car models not being able to meet the Euro 6 emissions standard. These include the Honda Accord, Toyota Camry and the Toyota Vios.
Additionally, private-hire giants Uber and Grab have slowed down their mass buying of new cars, which could have also contributed to the decrease in COE prices.
In the first COE bidding exercise for September, COE premiums see a decrease for Cat A, B and E.
Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, decreased by $6,899 (16.1 percent) and ended at $36,001.
Premiums for Cat B, larger cars with more than 130bhp or engine displacements larger than 1,600cc, went down by $2,000 (3.9 percent) and ended at $49,000.
In Cat E, the open category, prices also fell by $1,995 (4.0 percent), with premiums closing at $48,005.
Cat A prices have hit a new low since they last dropped to $34,001 in November 2010. This significant drop could have been caused by several factors such as popular car models not being able to meet the Euro 6 emissions standard. These include the Honda Accord, Toyota Camry and the Toyota Vios.
Additionally, private-hire giants Uber and Grab have slowed down their mass buying of new cars, which could have also contributed to the decrease in COE prices.
Latest COE Prices
April 2025 | 2nd BIDDING
NEXT TENDER: 07 May 2025
CAT A$99,500
CAT B$117,003
CAT C$65,001
CAT E$118,001
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