July 2019 COE Results 2nd Bidding: Premiums for Cars End Mostly Higher

Motorist Coe Results July 2019 2nd Bidding Exercise2
The 2nd COE bidding exercise for July 2019 ended mostly higher for cars. Cat A closed at $26,667, Cat B at $39,406, and Cat E at $39,889.

Cat A (Cars up to 1600CC & 97KW) closed lower from the previous exercise. It received 1,902 bids in total and went down by $1,922, closing at $26,667.

As for Cat B (Cars above 1600CC or 97KW), it received 1,677 bids and ended at $39,406—$5,406 higher than the previous exercise.

Cat C (Goods Vehicle & Bus) saw a drop of $490, going from $25,089 in the previous exercise to $24,599.

On the other hand, premiums for Cat D (Motorcycles) rose by $473, from $3,081 to $3,554.

Lastly, Cat E (Open category) received 751 bids and went up by $2,988 from the last exercise. It closed at $39,889.

Here’s a summary of the 2nd bidding exercise for July 2019.

Category

Current COE premium
(July 2019 2nd Bidding)

Previous COE premium
(July 2019 1st Bidding)

Difference

A – Car up to 1600CC & 97KW

$26,667

$28,859

$1,922 (-7.59%)

B – Car above 1600CC or 97KW

$39,406

$34,000

$5,406 (+15.89%)

C – Goods Vehicle & Bus

$24,599

$25,089

$490 (-1.95%)

D Motorcycle

$3,554

$3,081

$473 (+15.35%)

E Open

$39,889

$36,901

$2,988 (+8.09%)

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Read more: July 2019 COE Results: Premiums End Mostly Lower in Latest Exercise


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