COE Results May 2026 2nd Bidding: Cat B continues to rise!

The latest bidding session sees premiums for Cat A falling slightly after climbing for five consecutive bidding sessions, while all other categories continue to rise once again.

This change in premiums may be attributed to the conclusion of the first iteration of 2026's The Car Expo, which took place on the weekend of 9 to 10 May 2026. This event could have spurred an increase in new car purchases over the last week. This could also explain why the number of bids received this session has gone up as compared to the last session.

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

Cat A COE - Down for the first time in six sessions

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, went down by $561 (0.5%) to reach a value of $124,229.

The current premium now stands at 13.5% above the 12-month trailing average. The total number of bids submitted exceeded the available quota for this round by 84%, far higher than the 12-month average of 53% for the category.

Cat B COE - Still rising

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, rose by $3,265 (2.6%) this session to reach $129,501. This is also the sixth consecutive session in which premiums for the category have risen.

This latest climb means the current premium for the category is now 6.9% above the 12-month trailing average. The total number of bids submitted exceeded the available quota for this round by 69%, far higher than the 12-month average of 46% for the category.

Cat C COE - Also going up

Premiums for Cat C, for goods vehicles and buses, climbed this session by $4,744 (5.4%) to close at $92,223. The total number of bids submitted exceeded the available quota for this round by 60%, far higher than the 12-month average of 53% for the category.

Cat E COE - Also rising

Premiums for Cat E, the open category, also climbed this session. This session saw premiums for the category climb by $2,300 (1.8%), bringing the final premium for the category to $130,000.

This latest climb means the current premium for the category is now 5.9% above the 12-month trailing average. The total number of bids submitted exceeded the available quota for this round by 70%, lower than the 12-month average of 86% for the category.

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