May 2022 COE results 1st bidding: Cat E sees further price drops, slight increases across some categories
PHOTO: Unsplash
PUBLISHED ONMay 06, 2022 10:15 AM
In the 1st COE bidding exercise for May 2022, Cat A closed at $70,901, Cat B at $92,090, Cat C at $50,890, Cat D at $9,489 and Cat E at $91,112.
Cat A (Cars up to 1600CC & 97KW) received 804 bids and saw a $2,202 increase from the previous exercise. It closed at $70,901.
Cat B (Cars above 1600CC or 97KW) saw 699 bids and increased by $2,088. It closed at $92,090
Cat C (Goods Vehicle & Bus) received 184 bids and decreased by $1,112. It closed at $50,890.
Cat D (Motorcycles) had 773 bids in total and saw a $312 decrease. It closed today at $9,489.
Lastly, Cat E (Open Category) received 283 bids and saw a decrease of $4,689. It closed at $91,112.
Here's a summary of the 1st bidding exercise for May 2022:
| A – Car up to 1600CC & 97KW |
$70,901 |
$68,699
|
+ $2,202
|
$67,586 (May) |
| B – Car above 1600CC or 97KW |
$92,090
|
$90,002
|
+ $2,088
|
$93,644 (May) |
| C – Goods Vehicle & Bus |
$50,890
|
$52,002
|
- $1,112
|
$49,633 (May) |
| D – Motorcycle |
$9,489
|
$9,801
|
- $312
|
$10,468 (May) |
| E – Open |
$91,112
|
$95,801
|
- $4,689
|
- |
This article was first published in Motorist.