November 2021 COE results 1st bidding: Premiums rise even further for consecutive exercises
PHOTO: Motorist
PUBLISHED ONNovember 05, 2021 4:27 AMByThomas Agustinus
In the 1st COE bidding exercise for November 2021, Cat A closed at $53,709, Cat B at $82,801, Cat C at $42,001, Cat D at $9,381, and Cat E at $88,000.
Cat A (cars up to 1600CC & 97KW) received 834 bids and saw a $1,000 increase from the previous exercise. It closed at $53,709.
Cat B (cars above 1600CC or 97KW) saw 839 bids and went up by $2,591. It closed at $82,801.
Cat C (goods vehicle & bus) received 173 bids and went up by $1,500. It closed at $42,001.
Cat D (motorcycles) had 543 bids in total and saw an increase of $71. It closed today at $9,381.
Lastly, Cat E (open category) received 257 bids and shot up by $3,000. It closed at $88,000.
Here's a summary of the 1st bidding exercise for November 2021:
| Category | Category | Previous COE premium | Difference |
|---|---|---|---|
| A – car up to 1600CC & 97KW | $53,709 | $52,709 | +$1,000 |
| B – car above 1600CC or 97KW | $82,801 | $80,210 | +$2,591 |
| C – goods vehicle & bus | $42,001 | $40,501 | +$1,500 |
| D – motorcycle | $9,381 | $9,310 | +$71 |
| E – open | $88,000 | $85,000 | +$7,000 |
ALSO READ: COE premiums rise across the board; Cat B and Cat E COE climb above $80k
This article was first published in Motorist.