August 2026 2nd COE Bidding Results: COE Bounces Back — Is the Uptrend Returning?

The August 2026 2nd COE bidding results are out, and the market has shown another interesting shift. After COE prices softened in the previous rounds, CAT A, CAT B and CAT E have bounced back, while CAT C continued to decline slightly. This mixed movement suggests that the COE market remains volatile, with demand still strong in several categories.

After the strong increases seen from March to May, followed by the June and July fluctuations, the latest result shows that one dip does not necessarily mean the start of a sustained downtrend.

COE Results: July 2026 2nd vs August 2026 1st Bidding

As requested, the table below shows only the July 2026 2nd Bidding and August 2026 1st Bidding results.

Category	July 2026 2nd Bidding	August 2026 1st Bidding	Change
CAT A	$126,000	$123,890	⬇ $2,110
CAT B	$129,890	$129,910	⬆ $20
CAT C	$93,889	$91,545	⬇ $2,344
CAT E	$129,971	$131,000	⬆ $1,029

The comparison shows that August's first bidding was already a mixed result, with CAT A and CAT C falling while CAT B and CAT E remained firm.

August 2026 2nd Bidding: The Market Bounces Back

Compared with the August 2026 1st Bidding, the latest result shows:

• CAT A: $123,890 → $128,501, up $4,611

• CAT B: $129,910 → $131,001, up $1,091

• CAT C: $91,545 → $90,002, down $1,543

• CAT E: $131,000 → $135,000, up $4,000

The biggest rebound came from CAT A and CAT E, with CAT E reaching $135,000.

This is significant because the previous bidding rounds had raised questions about whether COE prices were entering a longer cooling phase. The latest results suggest that demand has not disappeared.

From Rising Market to Volatility

Looking at the COE movement throughout 2026, the overall pattern is quite clear.

From March through May, COE prices generally moved upwards across the categories. By June, however, the market started showing signs of volatility.

The pattern then became:

Rise → dip → rebound → dip → rebound

This means the market is no longer moving in one consistent direction. The August 2nd result is particularly interesting because three out of four categories increased, reversing some of the weakness seen in the previous bidding. However, CAT C continued to fall, showing that the market should not be viewed as one single trend.

Should You Buy or Sell a Car Now?

For Sellers: Still a Good Time to Consider Selling

If you have been thinking about selling your car, the latest result gives you another reason to check your car's current market value. COE prices remain at relatively high levels, and CAT A, CAT B and CAT E have all rebounded in the latest bidding.

For sellers, the key is not simply waiting for the highest possible COE. A market that moves up and down can change quickly. If you are planning to sell, consider getting a valuation now and see what your car is actually worth in today's market.

At SGCARDEALS, sellers can get a free car valuation and compare their car against current market demand.

For Buyers: Is It Still a Good Time?

For buyers, the latest rebound means waiting for a large COE drop may not necessarily work out. The August 1st bidding showed some weakness, but the August 2nd result quickly reversed part of that movement. If you have already found your desired car at a reasonable price, waiting purely for COE to fall could be risky.

Our advice: compare the total car price, remaining COE, depreciation and financing cost instead of looking at COE alone.

If prices continue to rise, buying earlier could protect you from paying more later.

What Can We Expect From the Next COE Bidding?

The latest results make the next bidding particularly interesting.

Scenario 1: Another Increase

If demand remains strong, CAT A, CAT B and CAT E could continue moving upwards.

The latest rebound shows that buyers are still willing to bid aggressively despite already-high COE prices.

Scenario 2: Another Pullback

The market could also cool again after the latest rebound.

CAT C's decline shows that not every category is experiencing the same level of demand.

Scenario 3: Sideways Movement

After several months of volatility, the market could settle into a range, with different categories moving in different directions.

The latest result does not yet confirm a new sustained uptrend, but it does show that the recent decline has not developed into a clear broad-based downtrend.

For now, the better description is:

High COE + strong demand + increased volatility.

How to Stay Updated and Predict COE Trends

While nobody can accurately predict every COE result, you can watch several indicators to better understand where the market may be heading.

1. Look at Multiple Bidding Results

Don't make a decision based on just one result.

Look at the direction over 3–5 consecutive bidding exercises to identify whether a real trend is forming.

2. Watch CAT A, B and E Together

If multiple categories rise at the same time, it can indicate stronger overall demand.

The latest result is interesting because CAT A, CAT B and CAT E all increased together.

3. Pay Attention to Sudden Reversals

A pattern such as:

Increase → increase → drop → rebound

could indicate a volatile market rather than a confirmed downtrend.

4. Monitor COE Quota Announcements

Changes in COE supply can have a major impact on future bidding prices.

More available COEs could put downward pressure on prices, while tighter supply could support higher premiums.

5. Check Your Car's Value Regularly

COE is only one factor affecting your car's selling price.

Used-car demand, vehicle age, model popularity, remaining COE and dealer demand also matter.

Getting an updated valuation can help you decide whether now is the right time to sell or upgrade.

Final Thoughts: Is the COE Uptrend Back?

The August 2026 2nd bidding results have certainly made the COE market more interesting.

After the market softened, CAT A, CAT B and CAT E bounced back, with CAT E climbing to $135,000. But with CAT C moving lower and recent bidding results showing significant fluctuations, it is still too early to say that COE prices are firmly back on a sustained upward trend.

For sellers, the current high COE environment remains an opportunity to check your car's value and consider locking in a strong offer. For buyers, don't assume that a recent dip means prices will continue falling. The latest rebound shows how quickly the market can change.

The next COE bidding could be another important indicator of where the market is heading.

Thinking of Selling Your Car?

Don't wait for the next COE movement to decide your car's value.

Get a FREE car valuation from SGCARDEALS and find out how much your car could be worth in today's market.

Sell smart. Sell at the right time.