In the latest COE bidding results (8 November 2018), the closing prices of COE premiums produced a mixed bag of results. But Category A and B premiums certainly caught our eyes. COE premiums in these categories closed higher than the last exercise.
Check out the closing prices below.
COE Bidding Results (8 November 2018)
Cars in Category A, which are cars 1,600cc and below, closed at $28,199. The premiums closed almost $3,000 higher as compared to the last exercise. But Category A premiums aren’t the only ones that rose.
In the last exercise, Category B premiums closed at $31,302. However, in the COE Bidding Results (8 November 2018), premiums closed a full $1,000 more. COE premiums in this category can be used for any vehicle type but end being used mainly for larger cars.
Open Category premiums closed $900 lower from last week’s $32,900, at $32,000. Premiums in this category are meant for larger and more powerful cars.
There were a total of 7,856 bids received but only 5,094 COEs were available.
So what do you think will happen next? Tell us below.
See full results here.