COE Prices in First December 2024 Bidding Exercise

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The first Certificate of Entitlement (COE) Open Bidding Exercise of December 2024 concluded on 4 December at 16:00

Category A and Category C has increased by up to $4,111, while the other categories have dropped by up to $3,500

COE Price Changes

Category		Previous COE ($)	New COE ($)	Difference ($)
A	(Cars up to 1,600cc & below 97kW)	89,889	94,000	+4,111
B	(Cars above 1,600cc & above 97kW)	105,081	103,010	-2,071
C	Goods Vehicle & Bus	69,000	70,289	+1,289
D	Motorcycle	8,669	7,878	-791
E	Open – All Except Motorcycle	107,501	104,001	-3,500

Category A consists of non-fully electric cars with engines up to 1,600cc and a Maximum Power Output not exceeding 97kW (130bhp). Additionally, fully electric vehicles with a Maximum Power Output of up to 110kW (147bhp) also fall under this category.

Category B, on the other hand, includes non-fully electric cars that exceed 1,600cc or have a Maximum Power Output above 97kW (130bhp). Fully electric vehicles exceeding a Maximum Power Output of 110kW (147bhp) are classified under this category as well.

Additional Resources

For a deeper dive into COE trends and bidding information, visit the Land Transport Authority (LTA) or consult the One Motoring COE page.

As COE prices continue to fluctuate, aspiring vehicle owners should weigh their options carefully.

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