COE is a certificate that gives you the right to register and use a vehicle in Singapore for 10 years, obtained through a competitive bidding system managed by the Land Transport Authority (LTA). Once your COE expires, you can renew it, deregister the vehicle, or export it.

Yes! COE renewal is our specialty, but we are equally expert in car and vehicle loans — comparing offers from the same panel of premier banks and finance companies, at no cost to you. Whatever you're financing — a car or any other vehicle, or renewing your COE — the comparison process works the same way. Just let us know what you need.

A car loan finances a car or vehicle purchase whereas a COE renewal loan finances the Prevailing Quota Premium (PQP) to renew an existing vehicle's COE. All are compared through the same free COEPLUS process.

You can renew your COE entirely online through COEPLUS in three steps: get an instant quote using our free calculator, submit your application with your NRIC and income documents, and we handle the LTA paperwork and bank financing on your behalf. Most renewals are approved within 3 to 5 working days.

Your COE renewal cost is based on the Prevailing Quota Premium (PQP) for your vehicle's category, the 3-month moving average of COE bidding prices. A 10-year renewal costs the full PQP, while a 5-year renewal costs 50% of the PQP. Use our free calculator for an instant estimate based on current rates.

It depends on your plans. A 10-year renewal costs the full PQP but spreads the cost over a longer period, while a 5-year renewal costs only 50% of the PQP upfront. Note that after a 5-year renewal, you cannot renew again — the vehicle must eventually be deregistered. Use our free calculator to compare both options for your vehicle.

It depends on your vehicle's condition, your budget, and current COE prices versus a new car's total cost. Renewing is usually cheaper upfront and avoids losing your existing vehicle's value, while buying new resets your warranty and gives you the latest features. Our free calculator can help you compare both options side by side.

COEPLUS displays live COE prices across all categories on our homepage ticker, updated after every LTA bidding exercise, as well as in our COE Live Results page. You can also use our calculator to see how current prices translate into your actual renewal cost.