November 2022 COE results second bidding: Cat A and C continue their rise, while Cat B, D, E drop in price
Cat A (Cars up to 1600CC and 97KW) received 622 bids and saw a $3,354 increase from the previous exercise. It closed at $90,589.
Cat B (Cars above 1600CC or 97KW) saw 568 bids and decreased by $1,507. It closed at $113,881.
Cat C (Goods Vehicle and Bus) received 122 bids and increased by $5,500. It closed at $81,802.
Cat D (Motorcycles) had 594 bids in total and saw a $600 decrease. It closed at $12,589.
Lastly, Cat E (Open Category) received 283 bids and saw a decrease of $2,568. It closed at $114,009.
Here's a summary of the second bidding exercise for November 2022:
| Category | Current COE | Previous COE | Difference | PQP | ||
|---|---|---|---|---|---|---|
| A – Car up to 1600CC & 97KW | $90,589 | $87,235 | + $3,354 | $84,903 (Dec) | ||
| B – Car above 1600CC or 97KW | $113,881 | $115,388 | - $1,507 |
$109,363 (Dec) |
||
| C – Goods Vehicle & Bus | $81,802 | $76,302 | + $5,500 | $71,048 (Dec) | ||
|
$12,589 | $13,189 | - $600 | $12,204 (Dec) | ||
|
$114,009 | $116,577 | - $2,568 | - |
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This article was first published in Motorist.
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