Quick answer: The Toyota Alphard falls under COE Category B, reserved for cars above 1,600cc or above 130bhp. As of the second COE bidding exercise in July 2026, Category B closed at $129,890. Because COE is bid twice a month and can shift by thousands of dollars each round, the Alphard’s on-the-road price moves with it, even when the car itself hasn’t changed at all.
COE categories in Singapore are split by engine size and power output, not by brand or body type. Category A covers smaller cars up to 1,600cc and 130bhp, along with lower-powered EVs. Category B covers larger, more powerful cars, including EVs above 110kW output. The Alphard’s engine output places it squarely in Category B, alongside most other full-size luxury MPVs and executive sedans.
That matters because Category B premiums tend to run close to, and sometimes above, Category A. There’s no way to buy an Alphard into a cheaper COE category. The category is fixed by the car’s specifications, not by negotiation.
Current COE Category B Price
COE premiums move twice a month, in bidding exercises held on the first and third Wednesdays. Here’s how Category B has trended recently:
| Bidding exercise | Category B (COE price) |
|---|---|
| July 2026, 2nd bidding | $129,890 |
| July 2026, 1st bidding | $130,889 |
| May 2026, 1st bidding | $126,236 |
| April 2026, 2nd bidding | $121,001 |
Notice how much movement happens in just a few months. A swing of even $10,000 in Category B goes straight onto the price of your Alphard, on top of the car’s base value. This is why two buyers can pay noticeably different totals for what is, mechanically, the exact same car.
How COE Actually Affects Your Alphard Price
When a dealer quotes you a Toyota Alphard price in Singapore, that number is really two things bundled together: the car’s base value, and whatever Category B COE happens to cost at that moment. The base value barely changes month to month. The COE component can swing by tens of thousands of dollars within a single quarter.
That’s why it’s worth asking any dealer directly whether their quoted price reflects the current COE round or an older one. A quote that hasn’t been updated can look better on paper than what you’ll actually pay once your COE bid goes through.
Should You Wait for COE to Drop?
It’s tempting to time your purchase around COE cycles, but Category B has shown more upward movement than downward in recent bidding rounds. Waiting for a dip is a gamble, not a strategy, since nobody can reliably predict which direction the next round will move. If you’ve already decided the Alphard is the right car, locking in your COE bid at the current price removes that uncertainty rather than adding to it.
For a full breakdown of what you’ll pay beyond COE, see our Toyota Alphard price Singapore guide. If you’re still deciding between models, our Vellfire vs Alphard comparison and Alphard vs Denza D9 comparison cover the other big decisions buyers face.
For live COE bidding results, Motorist Singapore tracks every round in detail: Latest COE prices and bidding results.
Frequently Asked Questions
What COE category does the Toyota Alphard fall under?
The Alphard falls under Category B, which covers cars above 1,600cc or above 130bhp. This is determined by the car’s specifications and cannot be changed.
How much is COE for the Toyota Alphard right now?
Category B COE closed at $129,890 in the second bidding exercise of July 2026. This figure changes every two weeks, so it’s worth checking the latest result before finalising a purchase.
Why does the Alphard’s price change even though the car doesn’t?
Because a large portion of the on-the-road price is the COE component, not the car’s base value. COE is bid twice a month and can shift by thousands of dollars per round, which moves the total price even when nothing about the car itself has changed.
Is it better to wait for COE prices to drop before buying an Alphard?
Not necessarily. COE movement is difficult to predict, and recent Category B trends have shown more increases than decreases. If you’ve decided on the Alphard, locking in a bid at the current price avoids the risk of further increases.
