{"id":10389,"date":"2020-08-05T16:18:33","date_gmt":"2020-08-05T08:18:33","guid":{"rendered":"https:\/\/blog.carro.sg\/?p=10389"},"modified":"2025-11-05T17:56:38","modified_gmt":"2025-11-05T09:56:38","slug":"coe-bidding-results-5-august-2020","status":"publish","type":"post","link":"https:\/\/carro.co\/sg\/blog\/coe-bidding-results-5-august-2020\/","title":{"rendered":"COE Bidding Results (5 August 2020)"},"content":{"rendered":"<header class=\"entry-header\">\r\n<p class=\"entry-title\"><span style=\"font-size: 16px;\">As the COE quota for August to October shrinks from 19,055 COEs to 18,626 COEs, there's a good chance that COE prices will continue to soar. And this was evident in the latest COE Bidding Results (5 August 2020) where COE premiums closed higher across the board. Check out where the premiums closed at below!<\/span><\/p>\r\n\r\n<\/header>\r\n<div class=\"entry-content\">\r\n<h3>COE Bidding Results (5 August 2020)<\/h3>\r\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10396\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x.png\" alt=\"\" width=\"2160\" height=\"1313\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x.png 2160w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x-300x182.png 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x-1024x622.png 1024w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x-768x467.png 768w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x-1536x934.png 1536w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2020\/08\/5-Aug@2x-2048x1245.png 2048w\" sizes=\"auto, (max-width: 2160px) 100vw, 2160px\" \/>\r\n\r\nCOE premiums in Category A, which are meant for cars with 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at $33,000, up by $301 from the last exercise.\r\n\r\nPremiums for larger and more powerful cars in Category B increased the most, from $35,001 to $37,102.\r\n\r\nCOEs for commercial vehicles, which include goods vehicles and buses, rose by $212 to $24,100.\r\n\r\nAlso seeing a significant jump were COE premiums in the Open category. Premiums in this category rose to $36,502 from $35,001, seeing a $1,501 jump. These premiums are used for any vehicle type but end up being used mainly for large cars\r\n\r\nThere were a total of 6,194 bids but with a quota of only 3,287 COEs available.\r\n\r\nView results on OneMotoring\u00a0<a href=\"https:\/\/www.onemotoring.com.sg\/content\/onemotoring\/home\/buying\/coe-open-bidding.html\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.\r\n\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>As the COE quota for August to October shrinks from 19,055 COEs to 18,626 COEs, there&#8217;s a good chance that COE prices will continue to soar. And this was evident in the latest COE Bidding Results (5 August 2020) where COE premiums closed higher across the board. Check out where the premiums closed at below! &hellip;<\/p>\n","protected":false},"author":44,"featured_media":10390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[727],"tags":[],"class_list":["post-10389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-announcements"],"_links":{"self":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/10389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/comments?post=10389"}],"version-history":[{"count":1,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/10389\/revisions"}],"predecessor-version":[{"id":16604,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/10389\/revisions\/16604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/media\/10390"}],"wp:attachment":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/media?parent=10389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/categories?post=10389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/tags?post=10389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}