Local News: COE Results for November Round 2
COE prices climb higher for all categories except in category D
Certificates of Entitlement (COE) have closed higher in all categories except category D following this round of bidding.
Category A (Cars under 1,600cc) segment COEs closed $90 higher this round at $77,291.
Elsewhere across the board, prices climbed upwards with Category B (cars over 1,600cc) COEs rising by $604 to close at $93,004.
Prices in the Category E (Open Category) have also increased by $1,890 to finish at $93,990.
The full results are as follows:
Category A (Cars below 1,600cc) : $77,291 (+0.1%)
Category B (Cars above1,600cc) : $93,004 (+0.6%)
Category C (Commercial Vehicles) :$60,235 (+1.9%)
Category D (Motorcycles) : $1,689 (-13.8%)
Category E (Open) : $93,990 (+2.0%)
A total of 985 Cat A, B and E certificates were awarded in this round’s bidding exercise compared to 984 in the last round. A total of 1,603 COEs were awarded
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