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February 2026 COE Results (1st Bidding): New Year Adjustments and What Lies Ahead

The first Certificate of Entitlement (COE) bidding exercise of February 2026 offers fresh insight into how the market is adjusting after the New Year momentum seen in January. Following a relatively active start to 2026, buyers and sellers are now reassessing their next moves as COE prices show signs of recalibration.


In this article, we compare February 2026 1st bidding results with January 2026 1st and 2nd bidding, analyse whether it is a better time to buy or sell, and share what to expect for the upcoming bidding exercises.



Latest COE Results: January vs February 2026

Below is a comparison of the January 2026 2nd bidding and February 2026 1st bidding, which reflects the most recent market movement.

COE Category

Jan 2026 – 2nd Bidding

Feb 2026 – 1st Bidding

Movement

CAT A

$109,501

$106,320

▼ -$3,181

CAT B

$121,634

$110,890

▼ -$10,744

CAT C

$75,202

$74,801

▼ -$401

CAT E

$120,891

$116,000

▼ -$4,891

How Does This Compare With January 2026?

January 2026 began with renewed optimism, supported by:

  • New Year demand returning after year-end pauses

  • Buyers entering the market early to secure vehicles

  • Dealers restocking inventory

However, the February 1st bidding shows a clear cooling across all categories, particularly in CAT B and CAT E, which experienced the largest corrections. This suggests that the initial New Year surge may have peaked, with buyers becoming more price-sensitive.


Is It a Good Time to Sell Your Car?

Sellers: Still Attractive, but Timing Matters

Although COE prices have dipped in February, overall levels remain historically high, especially compared to mid-2025 figures.

For sellers:

  • Trade-in and resale values are still strong, particularly for CAT B and CAT E cars

  • Dealers remain active, but negotiations may become tighter if prices continue to soften

  • Selling earlier allows owners to lock in value before further potential corrections

If you are planning to sell, acting sooner rather than later may help secure a better price.


Is It a Good Time to Buy a Car?

Buyers: More Breathing Room After January

The broad-based decline in February provides buyers with:

  • Slightly lower entry costs compared to January

  • Reduced bidding pressure, especially in CAT B and CAT E

  • Better opportunities to negotiate vehicle prices

For first-time buyers, CAT A remains relatively stable and may offer a reasonable entry point. Existing car owners looking to upgrade should consider selling first, then re-entering the market to maximise value.


What to Expect in the Next COE Bidding?

Looking ahead to the next bidding exercise:

  • COE prices may stabilise in the short term after February’s correction

  • Further softening is possible if demand continues to cool

  • Any sudden rebound may be driven by renewed buying confidence or supply expectations

As we move deeper into Q1 2026, the market is likely to remain volatile, making timing and preparation increasingly important.


Tips to Stay Updated and Predict COE Trends

  1. Monitor at least the last two bidding results, not just one-off changes

  2. Pay close attention to CAT B and CAT E, as they often signal broader market direction

  3. Watch seasonal demand patterns, especially post-festive slowdowns

  4. Get regular car valuations to understand your selling position

  5. Plan your buy or sell decision with flexibility, as short-term movements can be sharp


The February 2026 1st COE bidding marks a shift from January’s New Year optimism to a more measured market. While prices have softened across all categories, they remain elevated by historical standards, presenting both opportunities and risks for buyers and sellers.


Those considering selling may still find this a favourable window, while buyers can benefit from reduced pressure and improved negotiating conditions. Staying informed and acting decisively will be key in navigating the coming bids.


If you’ve been considering a car upgrade, now is the time to unlock the value of your current vehicle and plan your next move with confidence. Our team provides free, no-obligation car valuation, seamless trade-in support, and access to a wide range of vehicles to suit your needs.


Start the year right — maximise your car’s value, upgrade smart, and drive into CNY with peace of mind.


Proudly recognised as one of The Straits Times & Statista’s Top 100 Fastest-Growing Companies 2026, a milestone that reflects the trust and support of our customers.



 
 
 

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