COE costs upward push at some level of the board other than Category C, Standard of living

PHOTO:

The Straits Times file

In the second COE bidding explain of March 2024, Cat A closed at $85,489; Cat B closed at $96,011; Cat C closed at $70,112; Cat D closed at $9,689; while Cat E closed at $95,856.

Cat A (car as a lot as 1600cc & 130bhp, and EV with as a lot as 110kW) got 1,922 bids for 936 COEs and its top rate climbed by $2,489. Category A COE closed at $85,489.

Cat B (car above 1600cc or 130bhp, and EV with bigger than 110kW) got 1,066 bids for 656 COEs and its top rate climbed by a single dollar. Category B COE closed at $96,011.

Cat C (goods vehicle and bus) got 313 bids for 202 COEs and its top rate lowered by $5,487 — or about 7.2 per cent. Category C COE closed at $70,112.

Cat D (motorbike) got 629 bids for 521 COEs and its top rate elevated by $289. Category D COE closed at $9,689.

Lastly, Cat E (all autos apart from motorbike) got 256 bids for 157 COEs and climbed by $846. Category E COE closed at $95,856.

Right here’s a summary of the second COE bidding explain for March 2024:

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This article used to be first printed in Motorist.