September 2022 COE results (2nd bidding): Categories A, B and E see a drop while Categories C and D continue their rise
In the second COE bidding exercise for September 2022, Cat A closed at $84,000, Cat B at $108,051, Cat C at $67,001, Cat D at $11,589, and Cat E at $107,201.
Cat A (Cars up to 1600CC & 97KW) received 759 bids and saw a $2,000 decrease from the previous exercise. It closed at $84,000.
Cat B (Cars above 1600CC or 97KW) saw 553 bids and decreased by $4,949. It closed at $108,051.
Cat C (Goods Vehicle & Bus) received 157 bids and increased by $2,012. It closed at $67,001.
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Cat D (Motorcycles) had 658 bids in total and saw a $288 increase. It closed at $11,589.
Lastly, Cat E (Open Category) received 297 bids and saw a decrease of $6,098. It closed at $107,201.
Here’s a summary of the 2nd bidding exercise for September 2022:
| Category | Current COE | Previous COE | Difference | PQP |
|---|---|---|---|---|
| A - Car up to 1600cc and 97kw | $84,000 | $86,000 | - $2,000 | $82,465 (Oct) |
| B - Car above 1600cc or 97kw | $108,051 | $113,000 | - $4,949 | $109,643 (Oct) |
| C - Goods vehicle and bus | $67,001 | $64,989 | + $2,012 | $59,344 (Oct) |
| D - Motorcycle | $11,589 | $11,301 | + $288 | $11,132 (Oct) |
| E - Open | $107,201 | $113,299 | - $6,098 | - |
This article was first published in Motorist.
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