COE prices dip across the board except for smaller cars
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PUBLISHED ONJuly 05, 2023 9:20 AM
In the 1st COE bidding exercise for July 2023, Cat A closed at $97,000, Cat B at $118,002, Cat C at $82,223, Cat D at $10,090, and Cat E at $121,000.
Cat A (Cars up to 1600CC & 97KW) received 756 bids and increased by $794. It closed at $97,000.
Cat B (Cars above 1600CC or 97KW) saw 594 bids and decreased by $2,998. It closed at $118,002.
Cat C (Goods Vehicle & Bus) received 147 bids and decreased by $917. It closed at $82,223.
Cat D (Motorcycles) received 846 bids in total with a decrease of $619. It closed at $10,090.
Lastly, Cat E (Open Category) received 217 bids and saw a decrease of $2,000. It closed at $121,000.
Here's a summary of the 1st bidding exercise for July 2023:
| Category | Current COE | Previous COE | Difference | PQP |
| A – Car up to 1600CC & 97KW | $97,000 | $96,206 | + $794 | $97,905 (July) |
| B – Car above 1600CC or 97KW | $118,002 | $121,000 | - $2,998 | $118,921 (July) |
| C – Goods Vehicle & Bus | $82,223 | $83,140 | - $917 | $78,361 (July) |
| D – Motorcycle | $10,090 | $10,709 | - $619 | $10,249 (July) |
| E – Open | $121,000 | $123,000 | - $2,000 | - |
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