September 2022 COE results (first bidding): All categories increase in premiums except for Category A

In the 1st COE bidding exercise for September 2022, Cat A closed at $86,000, Cat B at $113,000, Cat C at $64,989, Cat D at $11,301, and Cat E at $113,299.

Cat A (Cars up to 1600CC & 97KW) received 723 bids and saw a $1,889 decrease from the previous exercise. It closed at $86,000.

Cat B (Cars above 1600CC or 97KW) saw 627 bids and increased by $999. It closed at $113,000.

Cat C (Goods Vehicle & Bus) received 179 bids and increased by $5,899. It closed at $64,989.

Cat D (Motorcycles) had 588 bids in total and saw a $200 increase. It closed at $11,301.

Lastly, Cat E (Open Category) received 260 bids and saw an increase of $1,298. It closed at $113,299.

Here’s a summary of the 1st bidding exercise for September 2022:

This article was first published in Motorist.