Motorcycle COE Prices: A Comprehensive Guide to Trends and Analysis
Motorcycle COE Price Trends Since 2002
The Certificate of Entitlement (COE) is a mandatory requirement for owning and riding a motorcycle in Singapore. COE prices have been on a steady upward trend since 2002, with occasional fluctuations. You can explore interactive charts on websites like the Land Transport Authority (LTA) to compare COE prices and quotas across different motorcycle categories.
Interactive Charts to Analyze COE Trends
The Land Transport Authority (LTA) provides interactive charts that allow you to analyze COE trends over time. You can compare prices and quotas across motorcycle categories, including:
- Category A: Cars up to 1600cc and 97kW
- Category B: Cars above 1600cc or 97kW
- Category C: Goods vehicles and buses
- Category D: Motorcycles
- Category E: Open category
Recent Motorcycle COE Bidding Results
Follow the latest motorcycle COE bidding results to stay informed about market trends. Websites like the LTA provide up-to-date information on COE prices and quotas, including the latest results from the April 3, 2024 bidding.
Renewing a Motorcycle with COE
When renewing a motorcycle's COE, you'll need to pay the prevailing Premium Quota Price (PQP) for that particular bidding period. The PQP price varies based on market demand and supply. For example, the April 2024 PQP price for renewing a 10-year-old motorcycle is 9286.
Impact of High COE Prices
Rising COE prices have had a significant impact on the motorcycle industry in Singapore. Many riders are holding on to their ageing motorcycles as new ones become increasingly expensive. This has led to an aging motorcycle fleet and concerns about safety.
Historical COE Data
If you're looking to analyze long-term COE trends, historical data is available online. You can view past COE prices and quotas all the way from 2002.
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