January COE results 2nd bidding: Premiums rise across all categories
PHOTO: Unsplash
PUBLISHED ONJanuary 20, 2022 3:56 AMByThomas Agustinus
In the 2nd COE bidding exercise for January, Cat A closed at $57,898, Cat B at $82,001, Cat C at $43,001, Cat D at $10,000 and Cat E at $83,911.
Cat A (Cars up to 1600CC & 97KW) received 711 bids and saw a $299 increase from the previous exercise. It closed at $57,898.
Cat B (Cars above 1600CC or 97KW) saw 907 bids and saw an increase of $4,301. It closed at $82,001.
Cat C (Goods Vehicle & Bus) received 149 bids and increased by $801. It closed at $43,001.
Cat D (Motorcycles) had 416 bids in total and saw an increase of $311. It closed today at $10,000.
Lastly, Cat E (Open Category) received 226 bids and saw an increase of $1,410. It closed at $83,911.
PHOTO: Motorist
Here's a summary of the second bidding exercise for December 2021:
|
Category |
Current COE |
Previous COE |
Difference |
|---|---|---|---|
|
A – Car up to 1600CC & 97KW |
$57,898 |
$57,599 |
+$299 |
|
B – Car above 1600CC or 97KW |
$82,001 |
$77,700 |
+$4,301 |
|
C – Goods, vehicle & bus |
$43,001 |
$42,200 |
+$801 |
|
D – Motorcycle |
$10,000 |
$9,689 |
+$311 |
|
E – Open |
$83,911 |
$82,501 |
+$1,410 |
ALSO READ: COE quota to decrease further from February to April
This article was first published in Motorist.