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COE results for JUNE 2007 2nd Open Bidding Exercise

Thursday, June 21st, 2007 Tags: ,
Posted in News

COE results for June 2007 2nd Open Bidding Exercise were released on 20 June 2007. COE Prices for all categories, have dropped significantly in comparison to the last couple of months. From the last open bidding exercise at the start of June 2007, prices for vehicles in Cat A have dropped further by almost $600. Prices for vehicles in Cat D have dropped by a further $199. Vehicles in Cats C and E enjoyed the biggest drop for a few months as prices plunged by more than $1000 and more than $800 respectively. But the the best news would be for vehicles in Cat B. For the first time since the start of the year, prices have dropped by more than $900 in comparison to the last results. Full results can be viewed in the table below.

Category Quota QP($) PQP($)
A
Car (1600cc & below) & Taxi
2,169 15,591
15,591
B
Car (Above 1600 cc)
1,146 18,891
17,725
C
Goods Vehicle & Bus
447 5,501
6,430
D
Motorcycle
518 1,053
1,200
E
Open
1,089 18,539
QP: Quota Premium
PQP: Prevailing Quota Premium

Source: ONE.MOTORING



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