February COE results 2nd bidding: Premiums rise across all categories again
PUBLISHED ONFebruary 24, 2022 2:25 AMByThomas Agustinus
In the 2nd COE bidding exercise for February 2022, Cat A closed at $63,000, Cat B at $93,590, Cat C at $46,501 Cat D at $10,589 and Cat E at $93,102.
Cat A (Cars up to 1600CC & 97KW) received 876 bids and saw a $2,239 increase from the previous exercise. It closed at $63,000
Cat B (Cars above 1600CC or 97KW) saw 939 bids and increased by $7,488. It closed at $93,590.
Cat C (Goods Vehicle & Bus) received 194 bids and increased by $2,500. It closed at $46,501
Cat D (Motorcycles) had 521 bids in total and saw an increase of $579. It closed today at $10,589.
Lastly, Cat E (Open Category) received 300 bids and saw an increase of $6,102. It closed at $93,102.
Here's a summary of the 1st bidding exercise for February 2022:
| Category | Current COE | Previous COE | Difference |
|---|---|---|---|
| A – Car up to 1600CC & 97KW | $63,000 | $60,761 |
+$2,239 |
| B – Car above 1600CC or 97KW | $94,590 | $86,102 |
+$7,488 |
| C – Goods Vehicle & Bus | $46,501 | $44,001 | +$2,500 |
| D – Motorcycle | $10,589 | $10,010 | +$579 |
| E – Open | $93,102 | $87,000 | +$6,102 |
ALSO READ: January COE results 2nd bidding: Premiums rise across all categories
This article was first published in Motorist.