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September 2026 1st COE Bidding Results: All Categories Rise — Is COE Heading Higher Again?

24 hours ago
5 min read

The September 2026 1st COE bidding results are out, and this time, there is one clear message from the market:

All four COE categories increased. 

After a period of ups and downs from June through August, the latest bidding saw a broad-based rebound across CAT A, CAT B, CAT C and CAT E.

So, is the COE market entering another upward trend? Should you sell your car while prices are high, or wait? And is it still a good time to buy?

Let's take a closer look.



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

Category

August 2026 2nd Bidding

September 2026 1st Bidding

Change

CAT A

$128,501

$133,009

+$4,508

CAT B

$131,001

$135,001

+$4,000

CAT C

$90,002

$93,101

+$3,099

CAT E

$135,000

$137,890

+$2,890

Key Takeaways

The latest result is notable because every category moved upwards.

  • CAT A increased by $4,508 to $133,009.

  • CAT B rose by $4,000 to $135,001.

  • CAT C climbed by $3,099 to $93,101.

  • CAT E increased by $2,890 to $137,890.

CAT E remains the highest-priced category, while CAT C continues to sit below the $100,000 mark.

More importantly, the increase was broad-based, rather than limited to just one category.


From Volatility to a Broad-Based Rebound

The COE market has been anything but straightforward over the past few months.

From March through May, most categories generally moved higher. June then brought the first noticeable correction, followed by further fluctuations in July and August.

The recent pattern looked like:

Rise → Correction → Rebound → Pullback → Rebound

Now, September's latest result adds another upward move across all categories.

This is an important development.

While one bidding result is not enough to confirm a long-term trend, having CAT A, B, C and E all increase at the same time suggests that demand may have strengthened across multiple segments.


Should You Sell Your Car Now?

For Sellers: This Could Be a Good Opportunity

If you've been thinking about selling your car, the latest COE result is certainly worth paying attention to.

With all four categories increasing, COE premiums remain at elevated levels. Higher COE premiums can support stronger used-car prices, although your actual car valuation also depends on factors such as model, age, condition, mileage and market demand.

If you're planning to sell, don't simply wait for COE to go even higher.

The market has already shown that prices can reverse quickly.

A better approach is to get an updated valuation and see what dealers are willing to offer right now.

Why Sell While the Market Is Strong?

  • COE prices remain high

  • All categories increased in the latest bidding

  • Market sentiment appears stronger

  • Used-car demand can change quickly

  • A future COE correction could affect resale values

If you've been considering selling, now is a good time to check your car's market value.

At SGCARDEALS, you can get a FREE car valuation and explore competitive offers from our network of 300+ verified dealers.


What About Buyers? Should You Buy Now?

For buyers, the latest result presents a different picture.

With all four categories rising, waiting for a major COE drop may not necessarily pay off.

If COE continues climbing, the cost of getting a new car could become more expensive.

However, that doesn't mean buyers should rush into any car simply because COE has increased.

Our advice for buyers:

Buy based on the total value of the car, not COE alone.

Consider:

  • The car's selling price

  • Remaining COE

  • Depreciation

  • Vehicle condition

  • Mileage

  • Financing costs

  • Your intended ownership period

If you've already found the right car at a reasonable price, it may make sense to secure it rather than trying to perfectly time the COE market.


What Can We Expect in the Next COE Bidding?

The big question now is:

Will the September rebound continue?

There are several possible scenarios.

Scenario 1: COE Continues Rising 📈

If demand remains strong, the next bidding could see another increase.

The latest result is encouraging for this scenario because all four categories rose together.

Scenario 2: Short-Term Correction 📉

After a broad increase, some buyers may become more cautious at higher prices.

We could therefore see one or more categories pull back in the next round.

Remember, the market already demonstrated this behaviour in June and July.

Scenario 3: Prices Stabilise 📊

Another possibility is that COE prices settle around current levels.

After several months of volatility, buyers and dealers may become more comfortable with the current price range.

Our Outlook

The September 1st result is a positive signal for the COE market, but it is still too early to call this the start of another sustained rally.

The next one or two bidding exercises will be particularly important.

If multiple categories rise again, the case for a renewed uptrend becomes stronger.


How to Stay Updated and Predict COE Trends

Nobody can accurately predict every COE bidding result, but you can improve your decision-making by watching the right signals.

1. Don't Look at Only One Result

A single increase or decrease doesn't necessarily indicate a trend.

Track several consecutive bidding exercises to see whether the movement is consistent.

2. Watch All Four Categories

September's result is significant because CAT A, B, C and E all increased.

When several categories move in the same direction, it can provide a stronger indication of overall market sentiment.

3. Look for Back-to-Back Increases

If the next bidding also shows broad increases, the recent rebound could be developing into a stronger upward trend.

On the other hand, another broad decline could signal renewed cooling.

4. Keep an Eye on COE Quota

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

More available COEs can potentially ease price pressure, while tighter supply may contribute to stronger competition.

5. Check Your Car's Value Regularly

Don't wait until you urgently need to sell before finding out what your car is worth.

COE can change significantly within just a few bidding exercises.

A regular valuation helps you understand whether you're currently sitting on a strong selling opportunity.


Final Verdict: Is COE Heading Up Again?

The September 2026 1st bidding results have certainly caught attention.

After recent volatility, all four categories bounced higher:

📈 CAT A: $133,009📈 CAT B: $135,001📈 CAT C: $93,101📈 CAT E: $137,890

The broad-based increase suggests that demand remains strong, but it's still too early to say whether this is the beginning of another sustained COE rally.

For sellers, the combination of high COE premiums and a broad-based increase makes this a good time to check your car's current market value.

For buyers, the latest rebound is a reminder that waiting for a big COE drop can be risky. If you find the right car at the right price, don't assume the next bidding will automatically be cheaper.

The next COE result could be the one that tells us whether September's rebound is the start of a new upward trend — or simply another short-term fluctuation.


Thinking of Selling Your Car?

Don't wait for the next COE result to decide what your car is worth.

Get a FREE car valuation from SGCARDEALS and find out what you could get for your car in today's market.

Sell smart. Sell at the right time.



 
 
 

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