COE prices and the real cost of a car in Singapore
Results of the 2nd exercise of October 2026, read from LTA open data on 24 October 2026, and a calculator that turns them into a cost per year.
- Cat A $132,004 +$2,003
- Cat B $131,901 +$1,801
- Cat C $92,200 +$311
- Cat D $10,778 −$234
- Cat E $135,790 −$1,210
Cost per year over 10 years
$21,071
$1,756 a month · Cat A COE
| OMV | $30,000 |
| Excise duty and GST | $9,240 |
| ARF after VES and EEAI | $34,000 |
| COE, October 2026 (2) | $132,004 |
| Registration fee | $350 |
| Price paid | $205,594 |
| Back at deregistration (PARF + COE rebate) | −$1,700 |
| Road tax per year | $682 |
| Depreciation per year | $20,389 |
ARF from the 2023 tiers, VES 2026, PARF for COEs from February 2026. Category A is set by your engine figures.
Method and limits · Who publishes this site · COE results read on 24 October 2026
In the 2nd exercise of October 2026 the COE premium closed at $132,004 for Category A, $131,901 for Category B, $92,200 for Category C, $10,778 for motorcycles and $135,790 for the open Category E. Against the exercise before, Category A moved by +$2,003 and Category B by +$1,801. The certificate is only one line of the price: a Category A car with an OMV of $30,000 also pays $9,240 of excise duty and GST, an ARF of $34,000 and the $350 registration fee, which puts it at $205,594 before the dealer’s margin, with the COE at 64% of it. Kept 10 years and scrapped, it costs about $21,071 a year in depreciation and road tax; kept 5 years, the larger rebates bring that to $26,560. The next exercise opens on 2 November 2026 at 12 noon and closes on 4 November 2026 at 4 pm.
One calculator runs the whole chain, from OMV and ARF tiers to the COE result of the last exercise, road tax and the rebates you get back, and it updates after every bidding exercise from the official open data.
COE results of the last 24 exercises
Quota premium of each category, the price every successful bidder pays. Category A and B prices over this year of bidding ranged from $102,009 to $133,009 (A) and $105,001 to $135,001 (B).
| Exercise | Cat A | Cat B | Cat C | Cat D | Cat E |
|---|---|---|---|---|---|
| October 2026 (2) | $132,004 | $131,901 | $92,200 | $10,778 | $135,790 |
| October 2026 (1) | $130,001 | $130,100 | $91,889 | $11,012 | $137,000 |
| September 2026 (2) | $131,890 | $133,000 | $92,144 | $12,201 | $137,000 |
| September 2026 (1) | $133,009 | $135,001 | $93,101 | $12,556 | $137,890 |
| August 2026 (2) | $128,501 | $131,001 | $90,002 | $11,301 | $135,000 |
| August 2026 (1) | $123,890 | $129,910 | $91,545 | $10,503 | $131,000 |
| July 2026 (2) | $126,000 | $129,890 | $93,889 | $10,202 | $129,971 |
| July 2026 (1) | $129,000 | $130,889 | $95,000 | $10,201 | $129,801 |
| June 2026 (2) | $123,847 | $123,502 | $93,001 | $9,989 | $129,002 |
| June 2026 (1) | $126,009 | $126,989 | $94,000 | $10,000 | $129,000 |
| May 2026 (2) | $124,229 | $129,501 | $92,223 | $9,689 | $130,000 |
| May 2026 (1) | $124,790 | $126,236 | $87,479 | $9,452 | $127,700 |
| April 2026 (2) | $123,010 | $121,001 | $83,501 | $9,290 | $125,002 |
| April 2026 (1) | $118,000 | $121,000 | $80,001 | $10,000 | $121,001 |
| March 2026 (2) | $111,890 | $115,568 | $78,000 | $9,589 | $118,119 |
| March 2026 (1) | $108,220 | $114,002 | $76,000 | $8,602 | $114,890 |
| February 2026 (2) | $106,501 | $105,001 | $74,999 | $7,989 | $112,890 |
| February 2026 (1) | $106,320 | $110,890 | $74,801 | $8,289 | $116,000 |
| January 2026 (2) | $109,501 | $121,634 | $75,202 | $8,860 | $120,891 |
| January 2026 (1) | $102,009 | $119,100 | $75,503 | $8,689 | $122,000 |
| December 2025 (2) | $109,501 | $115,102 | $77,003 | $8,081 | $119,000 |
| December 2025 (1) | $105,413 | $123,900 | $76,501 | $8,289 | $123,000 |
| November 2025 (2) | $109,000 | $129,890 | $76,389 | $8,729 | $125,001 |
| November 2025 (1) | $110,002 | $115,001 | $76,000 | $8,600 | $121,010 |
What makes up the price of a car in Singapore
A new car carries seven charges before the dealer adds anything. The base is the open market value (OMV), the price Singapore Customs assesses for the car as imported, freight and insurance included. On that base the government levies an excise duty of 20% of the OMV, then GST of 9% on the OMV plus the duty. The registration fee is a flat $350. Then come the two large items: the additional registration fee (ARF), charged in tiers on the OMV, and the certificate of entitlement (COE), bought in a bidding exercise and valid for ten years.
The ARF is where the size of the car starts to count. The first $20,000 of OMV pays 100%, and each further slice pays more, up to 320% on what lies above $80,000. A car with an OMV of $30,000 pays an ARF of $34,000; a car with twice that OMV, $60,000, pays $86,000, more than twice as much. The ARF calculator shows each slice.
The Vehicular Emissions Scheme then adjusts the ARF. Cleaner cars in band A get a rebate of $22,500 in 2026, band B pays nothing extra, and bands C1 to C3 pay a surcharge of up to $35,000. An electric car registered in 2026 also gets the EEAI, 45% of its ARF up to $7,500, until the scheme ends on 31 December 2026. The VES page shows the five bands.
ARF on your OMV
ARF before VES and EEAI
$57,500
| $0 to $20,000 at 100% | $20,000 |
| $20,000 to $40,000 at 140% | $28,000 |
| $40,000 to $60,000 at 190% | $9,500 |
| $60,000 to $80,000 at 250% | $0 |
Put together for the Category A car above: $30,000 of OMV, $9,240 of duty and GST, $34,000 of ARF in band B, the $350 fee and a COE of $132,004 give $205,594. The certificate alone is 64% of that sum. For the larger car with an OMV of $60,000 in band C1, the total reaches $304,231, of which the COE is a smaller share and the ARF a much larger one.
Why a cost per year says more than a sticker price
Two parts of that price come back. When a car is deregistered before it turns ten, the owner receives a PARF rebate, a share of the ARF actually paid, and a COE rebate for the unused part of the certificate. A car scrapped early returns more, which is why some owners sell at five or six years. Under the schedule announced in February 2026 for new COEs, the PARF share starts at 30% for a car up to five years old and falls by five points a year to 5% in the tenth year, with a cap of $30,000.
That is why the calculator at the top ends on a cost per year. The Category A example costs about $21,071 a year over ten years and $26,560 a year over five: the shorter period recovers a larger PARF rebate ($10,200 against $1,700) and half the COE ($66,002), but spreads the loss over fewer years. Road tax, $681.90 a year for this 1,496 cc engine, is added for each year kept. The cost of owning calculator lets you add insurance, parking and petrol.
How COE bidding sets the premium
LTA releases a fixed number of certificates in each category for each exercise. Bidders state the most they are willing to pay; when the exercise closes, the lowest successful bid becomes the quota premium and every successful bidder pays that amount, not their own bid. A bid deposit of $10,000 is required for cars, $1,500 for motorcycles. How COE bidding works explains the reserve price and what happens to it during the three days.
The premium rises when more people bid than there are certificates. In the 2nd exercise of October 2026, Category A received 1,574 bids for a quota of 1,191. The quota itself follows the number of vehicles deregistered in the months before, so a wave of cars reaching ten years tends to bring more certificates later. The COE results page gives quota, bids and premium for every exercise since January 2010.
COE prices by year since 2010
The average Category A premium went from $29,907 in 2019 to $120,931 so far in 2026. The highest Category A result on record is $133,009 (1st exercise of September 2026); for Category B it is $150,001 (2nd exercise of October 2023).
| Year | Cat A average | Cat B average | Cat A high | Cat B high |
|---|---|---|---|---|
| 2026 | $120,931 | $124,306 | $133,009 | $135,001 |
| 2025 | $102,912 | $120,748 | $128,105 | $141,000 |
| 2024 | $90,495 | $103,730 | $103,799 | $116,002 |
| 2023 | $94,538 | $121,801 | $106,000 | $150,001 |
| 2022 | $75,809 | $100,946 | $90,589 | $115,388 |
| 2021 | $47,425 | $61,223 | $58,801 | $82,801 |
| 2020 | $35,404 | $38,155 | $40,714 | $49,300 |
| 2019 | $29,907 | $38,815 | $36,704 | $48,010 |
| 2018 | $33,038 | $35,345 | $41,400 | $45,289 |
| 2017 | $45,991 | $51,800 | $52,000 | $57,414 |
| 2016 | $49,587 | $52,122 | $55,200 | $57,903 |
| 2015 | $60,601 | $66,851 | $68,589 | $78,001 |
| 2014 | $67,675 | $73,282 | $78,602 | $84,504 |
| 2013 | $74,690 | $78,712 | $92,100 | $96,210 |
| 2012 | $63,898 | $84,431 | $81,889 | $94,502 |
| 2011 | $48,206 | $64,938 | $56,112 | $77,340 |
| 2010 | $30,405 | $39,834 | $47,604 | $72,001 |
COE results and bidding
- COE resultsPremium, quota and bids of every exercise
- COE biddingReserve price, deposit and the 2026 dates
- COE Category AWhich cars qualify and the latest premium
- COE Category BLarger cars, Cat E and the ARF effect
- Motorcycle COE (Cat D)Cat D premium and the cost of a new bike
- PQP (prevailing quota premium)The price of renewing a COE, month by month
Buying: ARF, OMV, loan
- ARF calculatorAdditional registration fee by OMV slice
- OMV and car taxesFrom open market value to the price before COE
- VES and EEAIEmission rebates and surcharges, 2026 and 2027
- Car loan calculatorMAS limits, down payment and real rate
Owning: road tax, yearly cost
- Road tax calculatorSix monthly and yearly road tax by engine
- Road tax renewalPrerequisites, ways to pay and late fees
- EV road taxRoad tax on motor power plus the flat component
- Cost of owning a carPer month and per year, rebates counted
Year 10: renew or scrap
- COE renewalRenew for 5 or 10 years, or scrap
- COE rebateWhat the unused months of a COE return
- PARF rebateWhat you get back on the ARF, by age
- Scrap or deregister a carWhat LTA pays back and the steps
The rules behind the price, in detail
The five COE categories
Category A is for cars up to 1600 cc and 97 kW, or electric cars up to 110 kW. Category B takes every other car. Category C covers goods vehicles and buses, Category D motorcycles, and Category E is the open category: its certificate can be used for any vehicle except a motorcycle, which is why its premium usually sits a little above Category B. Off peak cars, taxis and some public service vehicles follow rules of their own and are not covered here.
Category is set by the engine, not by the price of the car. A hybrid with a 1,598 cc petrol engine and a combined power above 97 kW goes into Category B even if its OMV is modest. The Category A page and the Category B page show the results of each.
Renewing a COE instead of buying a new car
At ten years the COE expires. The owner can renew it for five or ten years by paying the prevailing quota premium (PQP), the moving average of the last three months of results for the category. For renewals in November 2026 our calculation of the Category A PQP from the open data is $129,883; renewing for five years costs half of it. Renewing gives up the PARF rebate, and a car renewed for five years cannot be renewed again. The COE renewal calculator weighs the two options.
Road tax
Road tax is paid every six or twelve months. For a petrol car it depends on engine capacity, for an electric car on motor power, plus a flat component of $350 every six months. Cars older than ten years pay a surcharge that rises each year up to 50%. A 1,496 cc car pays $681.90 a year, a 1,998 cc car $1,209.75. The road tax calculator covers petrol, hybrid and electric cars, and road tax renewal explains the late fees.
Car loans
The Monetary Authority of Singapore caps a car loan at 70% of the purchase price when the OMV is up to $20,000 and 60% above, over at most 7 years. The purchase price includes the taxes and the COE, so a Category A car at $205,594 with an OMV above $20,000 needs a cash down payment of at least $82,238. Banks quote flat rates, which hide a higher effective rate; the car loan calculator shows both.
What may change next
- LTA is consulting the public on a new way to split cars between COE categories (COE page, 6 October 2026). Nothing changes until LTA decides.
- The 2027 bidding schedule has not been published yet.
- Budget 2027 (February 2027) may change ARF, VES or road tax; VES 2027 amounts are already published, and the EEAI ends on 31 December 2026.
Each change is applied to the calculators on the day LTA or the Ministry of Finance publishes it, and the date at the top of every page tells you when the figures were last read.
Next exercise: opens 2 November 2026 at 12 noon, closes 4 November 2026 at 4 pm (LTA schedule for 2026).
Questions people ask
What is the COE price now?
In the 2nd exercise of October 2026 the premium was $132,004 for Category A, $131,901 for Category B, $92,200 for Category C, $10,778 for Category D and $135,790 for Category E. Every successful bidder in a category pays that same premium, even if the bid was higher. The figures come from LTA’s data set on data.gov.sg, read on 24 October 2026.
When is the next COE bidding exercise?
The next exercise opens on 2 November 2026 at 12 noon and closes on 4 November 2026 at 4 pm. LTA holds two exercises a month. Each one usually opens at 12 noon on the first or third Monday and lasts three working days, closing at 4 pm on the Wednesday when no public holiday falls in between. This site reads the results from the open data the same week.
How much does a car really cost in Singapore?
For a Category A car with an OMV of $30,000 the taxes and the COE add up to $205,594 before any dealer margin. Spread over 10 years and counting the PARF rebate at the end, depreciation and road tax come to about $21,071 a year. Insurance, parking, petrol and ERP come on top and depend on how you drive.
What is the difference between Category A and Category B?
Category A covers non electric cars up to 1600 cc and 97 kW, and electric cars up to 110 kW. Anything more powerful goes into Category B. The two premiums are often close: in the 2nd exercise of October 2026 they were $132,004 and $131,901, a gap of $103.
Does this site forecast COE prices?
No. Nobody publishes a forecast that LTA stands behind, and the premium depends on how many people bid in a given exercise. The site shows the results, their spread over past exercises and how often a given reserve price would have been enough. Those are facts about the past, not a prediction of the next result.
What do I get back when I scrap my car?
Two rebates: the PARF rebate, a share of the ARF you paid that falls with the age of the car, and the COE rebate for the unused months of the certificate. Under the rules for COEs obtained since February 2026, a car scrapped at 5 years returns 30% of its ARF, capped at $30,000, and nothing after 10 years.
Is COE Cost an LTA website?
No. It is published by Radif Partners, a company that builds calculators from public data. It is not linked to the Land Transport Authority, a dealer, a bank or an insurer. The COE data comes from data.gov.sg under the Singapore Open Data Licence, and every rule links to the LTA page it was read on.
Why does the dealer price differ from the calculator?
The calculator stops at what the government charges: OMV, duty, GST, ARF, VES, registration fee and COE. A dealer adds a margin, delivery, warranty, often a package of accessories, and may or may not guarantee a COE. Type the dealer price into the advanced field to see the real cost per year of the offer you received.
Official sources for this page
- data.gov.sg, COE Bidding Results / Prices (Land Transport Authority)
- data.gov.sg, Motor Vehicle Quota, Quota Premium And Prevailing Quota Premium, Monthly (Singapore Department of Statistics, source: Land Transport Authority)
- LTA OneMotoring, Certificate of Entitlement (page updated 6 October 2026), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/buying/upfront-vehicle-costs/certificate-of-entitlement--coe-.html, read on 24 October 2026
- LTA OneMotoring, Vehicle Tax Structure (page updated 14 September 2026), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/buying/upfront-vehicle-costs/tax-structure.html, read on 24 October 2026
- LTA OneMotoring, Additional Registration Fee (ARF), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/buying/upfront-vehicle-costs/additional-registration-fee--arf-.html, read on 24 October 2026
- LTA OneMotoring, Vehicle emission schemes (VES and EEAI), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/buying/upfront-vehicle-costs/emissions-charges.html, read on 24 October 2026
- LTA OneMotoring, PARF and COE rebates, address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/buying/rebates/parf-coe-rebate.html, read on 24 October 2026
- LTA news release, Revision of the PARF rebate schedule and cap (12 February 2026), address, not linked: www.lta.gov.sg/content/ltagov/en/newsroom/2026/2/news-releases/revision-parf-rebate-schedule-cap.html, read on 24 October 2026
- LTA OneMotoring, Road Tax (renewal, prerequisites, late renewal fees), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/owning/ongoing-car-costs/road-tax.html, read on 24 October 2026
- LTA OneMotoring, COE Renewal (page updated 1 September 2026), address, not linked: onemotoring.lta.gov.sg/content/onemotoring/home/owning/coe-renewal.html, read on 24 October 2026
- Monetary Authority of Singapore, Motor vehicle loans (loan and tenure limits), address, not linked: www.mas.gov.sg/regulation/explainers/motor-vehicle-loans, read on 24 October 2026
- IRAS, Current GST rates, address, not linked: www.iras.gov.sg/taxes/goods-services-tax-(gst)/basics-of-gst/current-gst-rates, read on 24 October 2026
- Singapore Open Data Licence, version 1.0
Prepared by Radif Partners
Independent publisher of car cost calculators for Singapore · COE, ARF, PARF, road tax
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Rules 2026, COE results read on