In the second round of bidding for September, Certificate of Entitlement (COE) premiums slipped across all private car categories, while Cat C premiums continued to climb.

The end of various discounts offered following the Cars@Expo event could have led to lower new car buying interest and thus lower premiums this session.

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

Cat A COE - A $2,000 slip

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, continued on last session's slip this round, dropping by $2,000 (2.3%) to end at $84,000.

This slip sees premiums for the category now standing at 26.6% above the 12-month trailing average. This price is now at the 91^st percentile of prices across the last 12 months.

The total number of bids submitted this session exceeded the number of unsuccessful bids this round by 40%, just slightly lower than the 12-month average of 43% for the category.

Cat B COE - A $4,949 slip

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, also took a hit this session. Premiums in the category slipped by a total of $4,949 (4.4%) this session to reach $108,051.

This slip in premiums for the category has brought the current price to just 17.4 % above the 12-month trailing average.

The total number of unsuccessful bids this round exceed the quota available by just 17%, lower than the 12-month average figure for this category of 43%.

Cat C COE - Still going strong

Premiums for Cat C, for goods vehicles and buses, climbed this session, rising by $2,012 (3.1%), to close at $67,001.

The number of unsuccessful bids this round exceeded the available quota by 89%, lower than the 12-month average for this category of 98%.

Cat E COE - Finally easing downwards?

Cat E, the open category, also joined the rest of the private vehcile categories this session, slipping by a sizable $6,098 (5.4%), to bring the premium for the category to $107,201.

This new slip means current premiums for the category are now at 13.6% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 69%. The 12-month average for this figure for the category is 64%.

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 cars will thus have to pay the following prices for the respective months.


If you're looking for a fuss-free option to renew your car's COE, sgCarMart provides free COE renewal service which includes advice, 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 1.88% 
✅ 100% PQP Financing 
✅ Settlement of entire COE renewal paperwork