COE increases across the board as supply decreases for the quarter
In the 1st bidding of November, the COE prices grow across all categories. Cat A – Increased by $1, 000 Category A (Car Up To 1600cc & 97kw) jumped by $1, 000 from $52, 709 (2nd Bidding of October) to $53, 709. The number of unsuccessful bids this round surpassed the accessible quota by 56%.…
Read MoreCOE increases across the board as supply decreases for the quarter
COE prices for Cat B and E increased by 5000+ in the 2nd tender of September 2021.
2nd Bidding of September 2021 In the 2nd Bidding of September 2021, the Quota Premium of the COE for the passenger vehicles rise while the commercial vehicles drop. The worst news is Category B and E are increased by $5000+ which makes their quota premiums to be more expensive. Cat…
Read MoreCOE prices for Cat B and E increased by 5000+ in the 2nd tender of September 2021.
Cat A and B continue increasing while Cat E decrease; Cat C maintains steady
In the first bidding for September, the COE premium for Category A and Category B kept on climbing, while the premium for Category E took a little slip. From the various National Day promotions run last month, dealers may have been bidding higher this session in order to meet expanded…
Read MoreCat A and B continue increasing while Cat E decrease; Cat C maintains steady