Cat A (Cars up to 1600CC and 97KW) received 622 bids and saw a $3,354 increase from the previous exercise. It closed at $90,589.
Cat B (Cars above 1600CC or 97KW) saw 568 bids and decreased by $1,507. It closed at $113,881.
Cat C (Goods Vehicle and Bus) received 122 bids and increased by $5,500. It closed at $81,802.
Cat D (Motorcycles) had 594 bids in total and saw a $600 decrease. It closed at $12,589.
Lastly, Cat E (Open Category) received 283 bids and saw a decrease of $2,568. It closed at $114,009.
Here's a summary of the second bidding exercise for November 2022:
| Category |
Current COE |
Previous COE |
Difference |
PQP |
| A – Car up to 1600CC & 97KW |
$90,589 |
$87,235 |
+ $3,354 |
$84,903 (Dec) |
| B – Car above 1600CC or 97KW |
$113,881 |
$115,388 |
- $1,507 |
$109,363 (Dec)
|
| C – Goods Vehicle & Bus |
$81,802 |
$76,302 |
+ $5,500 |
$71,048 (Dec) |
|
|
$12,589 |
$13,189 |
- $600 |
$12,204 (Dec) |
|
|
$114,009 |
$116,577 |
- $2,568 |
- |
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This article was first published in Motorist.