And the news for COE prices gets better! Results for July 2007 1st Open Bidding Exercise were released on 04 July 2007 at 1600hrs. COE Prices for almost all categories, seem to be steadily dropping. The last results at the end of June showcased an average drop of about $850 among all categories. This month is no different as from the last open bidding exercise at the end of June 2007, prices for vehicles in Cat A have dropped further by almost $800. Prices for vehicles in Cat B and Cat E have dropped by more than $1000. Vehicles in Cat C experienced the lowest drop by only $592. The only increase in prices is in Cat D where prices went up by $29. Full results can be viewed in the table below.