COE premiums close mostly higher in latest bidding exercise

Submitted By:  Arianna Danganan Case Study:  No Open category vehicles recorded the highest price increase by $1,357. Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise, an announcement revealed. Premiums for Category A cars which are those up to 1600cc and 130bhp closed at $26,301, which is a $612 price increase from the last bidding exercise. It also received the highest number of bids at 2,261. Meanwhile, premiums for Category B vehicles, or those above 1600cc or 130bhp, recorded a $894 increase from $34,509 to $35,403. read more