COE Renewal for Commercial Vehicles: A Complete Guide
Commercial vehicle owners face unique considerations when it comes to COE renewal. Whether you own a single delivery van or a fleet of trucks, understanding the COE renewal process for commercial vehicles is essential for business continuity.
Commercial Vehicle COE Categories
Commercial vehicles in Singapore fall under two COE categories:
- Category C: Goods vehicles and buses. Current PQP: approximately $81,200.
- Category D: Motorcycles. Current PQP: approximately $9,100.
Key Differences from Private Car Renewal
- Commercial vehicles can only be renewed for 5 years (not 10 years)
- The renewal cost is 50% of the current PQP
- Business owners may be able to claim the renewal cost as a business expense (consult your accountant)
Fleet Renewal Planning
For businesses with multiple commercial vehicles, staggering COE renewals can help manage cash flow. COE Plus can help you plan and coordinate fleet renewals, potentially securing better financing rates for bulk applications.
Financing Options for Commercial Vehicles
Commercial vehicle COE renewal loans are available from most major banks and finance companies. The terms are similar to private car loans, with loan amounts up to 70% of the renewal cost and tenures up to 5 years.
COE Renewal Calculator
Estimate your renewal cost & monthly repayments
Over 5,000 satisfied customers have renewed their COE through COEPLUS.COM — completely free of charge. "COEPLUS.COM made my renewal process so smooth. They handled everything and I got a great rate from DBS. Best of all, it was completely free!" "I renewed 2 motorcycles through COEPLUS and both times the service was excellent. Fast, professional, and genuinely free. No hidden charges at all." "Perkhidmatan yang sangat baik! COEPLUS helped me renew my COE at the best rate. The process was simple and the team was very helpful throughout." "Excellent service! They compared rates from multiple banks and saved me thousands in interest. Highly recommend to all car owners." "Outstanding service! COEPLUS compared rates from 6 banks and found me the lowest interest rate. The entire process took less than a week. Absolutely brilliant!" "As an expat, I was completely lost with the COE renewal process. COEPLUS explained everything clearly and handled all the paperwork. Fantastic service!" "As a business owner with 3 commercial vehicles, COEPLUS saved me a lot of time and money. Their team understands commercial vehicle needs." "Very professional team at COEPLUS. They secured a better financing rate than my own bank offered. The online calculator is also very useful for planning ahead." "Great service from COEPLUS. They were patient in explaining all the options and found me a competitive rate for my commercial van. Will use again."
What Our Customers Say
Live from LTA — updated 5 hours ago. Change shown is versus the previous bidding exercise. Join 5,000+ satisfied customers who renewed their COE through COEPLUS — completely free of charge. Get your personalised quote in minutes.Latest COE Prices
Ready to Renew Your COE?
