In the 2nd COE bidding exercise for August 2021, Cat A closed at $46,689, Cat B at $61,001, Cat C at $40,010, Cat D at $9,500 and Cat E at $64,901.
With 1,021 bids received, Cat A (Cars up to 1600CC & 97KW) closed at $46,689, an increase of $1,500 from the previous exercise.
Cat B (Cars above 1600CC or 97KW) is now $5,000 higher than the last exercise. It received 1,065 bids and closed at $61,001.
Cat C (Goods Vehicle & Bus) went down by $2,579, closing this exercise at $40,010 and it received 220 bids in total.
Cat D (Motorcycles) saw an increase of $601. With 635 bids, it closed at $9,500.
Finally, Cat E (Open Category) is $5,302 higher than the previous exercise. It closed at $64,901 and received 198 bids in total.
Here’s a summary of the 1st bidding exercise for August 2021.
This article was first published in Motorist.