Uber’s Unhired Fleet Floods the Used Car Market

The recent announcement of Uber’s car rental firm (Lion City Rentals) selling their un-hired fleet of cars after the American ride-hailing app service ceased operation in South-East Asia has disrupted the used car market. Most of the cars are very new with mileage of less than 50km. The cars (mainly Mazda 3 sedan and Honda […]

COE Results May 2018, 2nd Tender

May 2018, 2nd Tender   CAT A   Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $38,001 $940 $38,214 1,434 1,805     CAT B   Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $37,989 $512 $37,906 1,283 1,915     CAT C   Goods Vehicle & Bus Quota Premium Change […]

COE Results May 2018, 1st Tender

May 2018, 1st Tender   CAT A   Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $38,941 $431 $38,192 1,435 1,836     CAT B   Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $38,501 $1,171 $38,712 1,280 2,155     CAT C   Goods Vehicle & Bus Quota Premium Change […]

Factors Affecting Insurance Premium

Ever wondered why your car insurance premium is so much higher than your peer’s insurance premium? Well, the cost of insurance premium is affected not only by the type of insurance coverage, but also other factors as listed below: 1. Type and model of vehicle The type of vehicle will affect your insurance premium. Insurance […]

Types of Car Insurances in Singapore

All car owners should know that it is mandatory to get a car insurance in Singapore. There are 3 different types of insurance coverage available – “Third Party Cover”, “Third Party, Fire and Theft” and “Comprehensive Cover”.   Third Party Cover Third Party Cover is the entry-level policy that provides the least coverage. It covers […]

All about NCD, Insurance Excess and Named Driver

Car insurance is compulsory for cars to be driven on the road in Singapore. The insurance cover the car owner and named drivers (if any). When an accident happens, a car owner would be able to make a claim to avoid spending huge amount of money on repairs. Most insurance would require car owner to […]

COE Results April 2018, 2nd Tender

April 2018, 2nd Tender   CAT A   Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $38,510 $1,510 $38,192 1,566 2,027     CAT B   Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $37,330 $275 $38,712 1,417 1,919     CAT C   Goods Vehicle & Bus Quota Premium Change […]

Downward Trend for COE Premium – April 2018, 1st Tender

COE premium ($) Changes since the last bid (%) Changes since start of the year (%) Cat A $37,000 -2.63% -10.63% Cat B $37,605 +1.6% -16.97% Cat C $34,001 -2.86% -15.21% Cat E $38,039 +0.1% -19.73% The table above shows the COE bidding result for April 2018, 1st tender and the percentage change in COE […]

COE Results April 2018, 1st Tender

April 2018, 1st Tender   CAT A   Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $37,000 $1,000 $38,655 1,566 1,888     CAT B   Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $37,605 $595 $40,881 1,389 1,689     CAT C   Goods Vehicle & Bus Quota Premium Change […]

COE Results March 2018, 2nd Tender

March 2018, 2nd Tender   CAT A   Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $38,000 $830 $38,655 1,559 2,117     CAT B   Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $37,010 $1,991 $40,881 1,402 1,639     CAT C   Goods Vehicle & Bus Quota Premium Change […]