The March 2022 COE Bidding Showdown
It’s that time of year again when the COE market flips like a coin, but without the cheesy “flip‑and‑win” TV show feel. In the first COE auction of March 2022, buyers and sellers clinked up and priced out a variety of vehicles. Let’s dive into the numbers, sprinkle a bit of humor, and see who walked away with the sweet deal.
Car Category A – “Small‑Engine, Big Heart”
- Final Price: $68,501
- Bids Received: 962
- Change: +$5,501 from last round
- Think of it like a garage sale that suddenly threw a bonus gift at everyone.
Car Category B – “Big‑Engine, Brisk”
- Final Price: $94,889
- Bids Received: 860
- Change: +$1,299
- Small bump, but the big‑engine crowd sure knows how to show off.
Car Category C – “Goods & Bus”
- Final Price: $48,889
- Bids Received: 199
- Change: +$2,388
- Fewer bids, but a respectable boost – every rider and delivery guy gets a laugh.
Car Category D – “Motorcycles”
- Final Price: $11,400
- Bids Received: 602
- Change: +$811
- Not blowing up prices, but they’re now a bit healthier than last time.
Car Category E – “Open”
- Final Price: $98,890
- Bids Received: 318
- Change: +$5,788
- Open category – the wild card that knows how to wrap up a heavyweight champion.
Quick Reference Table
| Category | Current COE | Previous COE | Difference |
|---|---|---|---|
| Category A | $68,501 | $60,761 | +$5,501 |
| Category B | $94,889 | $86,102 | +$1,299 |
| Category C | $48,889 | $44,001 | +$2,388 |
| Category D | $11,400 | $10,010 | +$811 |
| Category E | $98,890 | $87,000 | +$5,788 |
Source: Motorist
