COE Results Mar 2026 2nd Bidding: Still climbing up!

Those expecting the recent jump in petrol prices to put downward pressure on new car purchases must be feeling rather disappointed.

COE premiums have continued to climb across all private car categories through this second COE bidding session for the month of March. This continued climb in premiums this session could be due to the fact that this week is likely to be the last for the dealers that offered customers at the 2026 Singapore Motor Show a three-month guaranteed COE package.

Whether COE premiums will continue to climb with high petrol prices and the threat of a looming economic downturn from the war in the Middle East is anyone's guess. But if you're not that forward looking (or already need to secure a car in the coming weeks), at least there's our very own Beyond Motion event to visit - where you should be able to shop from a wide selection of electrified vehicles, and hopefully keep that bill at the pumps under control.

Get data on past COE bidding exercises at our COE bidding results page.

Cat A COE - Headed upwards

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, or electric vehicles with a power output of up to 110kW, climbed this session by $3,670 (3.4%) to reach $111,890.

The current premium now stands at 5.5% above the 12-month trailing average. The total number of bids submitted exceeded the number of successful bids this round by 50%, lower than the 12-month average of 54% for the category.

Cat B COE - Making gains

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, or electric vehicles with a power output of more than 110kW, jumped this session by a total of $1,566 (1.4%) to reach $115,568, even after the last session saw premiums for the category rising by a total of $9,001.

This jump means the current premium for the category is now 4.3% below the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 46%, on par with the 12-month average figure for the category of 46%.

Cat C COE - Also climbing along

Premiums for Cat C, for goods vehicles and buses, climbed this session by $2,000 (2.6%) to close at $78,000. The number of unsuccessful bids this round exceeded the available quota by 51%, just a touch higher than the 12-month average for this category of 50%.

Cat E COE - Also headed upwards

Premiums for Cat E, the open category, also climbed this session. This session saw premiums for the category climb by $3,229 (2.8%), bringing the final premium for the category to $118,119. 

The current premium for the category is now 3.1% below the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 72%, lower than the 12-month average figure for the category of 84%.

Prevailing Quota Premium

The Prevailing Quota Premium is the amount to be paid for COE renewal, and is computed from the moving average of the previous three months of COE prices. Those looking to renew the COE on their vehicles will thus have to pay the following prices for the respective categories.

If you're looking for a fuss-free option to renew your car's COE, Sgcarmart Connect provides free COE renewal advice, which includes loan sourcing and all paperwork.

✅ Advice and tips on COE renewal 
✅ Complimentary Pre-COE Car Inspection 
✅ COE renewal loan quote comparisons 
✅ Interest Rate typically starts from 2.88% 
✅ 100% PQP Financing 
✅ Settlement of entire COE renewal paperwork