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Dec 3, 2008
COEs for small cars surge
By Maria Almenoar
CERTIFICATE of Entitlements (COE) for small cars went from an all-time low of $2 two weeks ago to the highest of all categories when the first bidding for December closed on Wednesday.

COEs for cars below 1,600cc ended at $7,721.

COEs for passenger cars 1,600cc and above also ended higher at $6,501, up from $4,889.

Motorcycle COEs ended slightly highter at $1,102 compared to $1,012 while Open category COEs, which can be used for any vehicle ended at $7,589, up from $6,889.

Only COEs for goods vehicles ended slightly lower at $5,212, compared to $6,189 previously

A total of 6,911 bids were received, up from 4,940 in the last round.

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