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Friday, October 7, 2022
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LATEST COE PRICES, MOTORCYCLE COE HITS NEW HIGH, SLIGHT DROP FOR CARS

With COE prices soaring for the past year, buying a car or a motorcycle has been getting more unaffordable.

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Yesterday (September 20), the latest bidding results recorded S$11,589 for motorcycles, which is a record high.

The COE for Trucks, Vans and lorrys also increased.

Compared to the last bidding, motorcycle COE increased from S$11,301 to S$11,589.

Cars that are up to 1.6CC and electric vehicles with up to 110KW (CAT A) dropped to $84,000. $2,000 lesser than the last bidding.

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For CAT B vehicles, the COE price is at $108,051, decreased from $113,000.

Commercial vehicles increased from S$64,989 to $67,001.

COE CategoryCAT A CARS ≤ 1600cc & 130bhp, or 110kWCAT B CARS > 1,600cc or 130bhp, or 110kWCAT C GOODS VEHICLE & BUSCAT D MOTORCYCLECAT E OPEN-ALL EXCEPT MOTORCYCLE
Quota Premium$84,000$108,051$67,001$11,589$107,201
Change $2,000 $4,949 $2,012 $288 $6,098
Quota54347183512176
Bids Received759553157658297
PQP$78,930 (Sep)
$82,465 (Oct)
$107,249 (Sep)
$109,643 (Oct)
$55,014 (Sep)
$59,344 (Oct)
$10,701 (Sep)
$11,132 (Oct)
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