COE is a certificate that gives you the right to own and use a vehicle in Singapore for 10 years. It is obtained through a bidding system managed by the Land Transport Authority (LTA). After 10 years, you must either renew the COE, deregister the vehicle, or export it.

COE renewal cost is based on the Prevailing Quota Premium (PQP), which is the moving average of COE prices in the last 3 months. For a 10-year renewal, you pay the full PQP. For a 5-year renewal, you pay 50% of the PQP. Current PQP rates: Cat A $119,432, Cat B $118,956, Cat C $81,200, Cat D $9,100, Cat E $122,100.

Yes, you can choose to renew for either 5 years (paying 50% of PQP) or 10 years (paying full PQP). The 5-year option is available for all vehicle categories. Note that after a 5-year renewal, you cannot renew again — the vehicle must be deregistered.

Yes, COEPLUS is completely free for customers. We earn through partnerships with banks and finance companies who pay us a referral fee. You pay nothing extra — in fact, we often secure better rates than what banks offer directly, saving you money.

COEPLUS earns referral fees from our partner banks and finance companies when we successfully match customers with financing. This is similar to how insurance brokers work. Our partners pay us because we bring them quality customers — you benefit from our negotiating power and wide network.

We recommend starting the COE renewal process at least 3 months before your COE expiry date. This gives you enough time to compare financing options, complete paperwork, and ensure a smooth renewal. You can check your COE expiry date on the LTA OneMotoring website.

Typically you will need: NRIC/Passport, vehicle log card, latest 3 months payslips (for employed) or 2 years NOA (for self-employed), and CPF contribution history. Our team will guide you through the exact requirements based on your situation.

Yes, COEPLUS handles both private cars and commercial vehicles (Category C for goods vehicles and buses, Category D for motorcycles). Commercial vehicle owners can only renew for 5 years. We have specialist advisors for commercial vehicle COE renewal.