Frequently Asked Questions

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 15+ 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.

Yes, COEPLUS handles COE renewal for both private cars and commercial vehicles, including Category C (goods vehicles and buses) and Category D (motorcycles). Commercial vehicles can only renew for 5 years, and our team includes specialists for commercial vehicle COE renewal.

Yes, our service covers COE renewal for all vehicle makes and categories registered in Singapore, including continental and imported cars. The renewal process and PQP cost are based on your vehicle's COE category, not its brand.

Typically 3 to 5 working days from submission to approval. We handle all the paperwork.

You'll typically need your NRIC, vehicle log card, and either 3 months of pay slips (if employed) or 2 years of Notice of Assessment (if self-employed), along with your CPF contribution history. Our team guides you through the exact requirements based on your situation.

Yes, you can renew up to 3 months before your COE expires. We recommend starting at least 6 weeks before expiry to allow enough time for processing and approval.

PQP stands for Prevailing Quota Premium, the 3-month moving average of COE bidding prices for each vehicle category. This is the amount you pay when renewing your COE. The latest PQP is published on the LTA OneMotoring website and reflected in our live price ticker.

Your vehicle cannot be legally driven once its COE lapses. We recommend starting your renewal at least 6 weeks before expiry to avoid this situation entirely.

Yes, if you decide not to renew before your COE expires, you must deregister the vehicle. If it's less than 10 years old, you'll receive a PARF (Preferential Additional Registration Fee) rebate, which can be used towards your next vehicle.

Yes, our service is completely free for vehicle owners. We earn a referral fee from partner banks and finance companies, so you never pay any extra fees or commission.

COEPLUS earns a referral fee from our partner banks and finance companies when we successfully match a customer with financing, similar to how an insurance or mortgage broker works. This lets us offer the renewal service to you at no cost.

We compare COE renewal loan rates from over 15 banks and financial institutions, including DBS, OCBC, UOB, Maybank, and Standard Chartered, to help you find the best deal.

Yes, once you renew your COE, the PARF rebate for that vehicle is permanently forfeited. This is worth factoring in if you're also considering scrapping your vehicle instead of renewing.

In many cases yes, though eligibility depends on your income and existing financial commitments. Our partner banks and financial institutions assess this during your application at no cost to you.

Cat A applies to cars up to 1,600cc and 130bhp, while Cat B applies to cars above either limit. Your COE category directly affects your PQP cost and renewal price.

Yes, COEPLUS also offers motor insurance comparison alongside your COE renewal, working with major Singapore insurers. You can get a competitive insurance quote at the same time as your renewal financing.

Yes. Your data is encrypted and used only to process your COE renewal application, in line with our Privacy Policy and Singapore's Personal Data Protection Act (PDPA).

Yes — our application form is fully integrated with SingPass MyInfo, so your personal and income details are pre-filled automatically, saving you time and reducing errors. Prefer not to use SingPass? You're welcome to fill in the form manually instead — it just takes a few extra minutes.

Yes — please turn off any VPN, proxy, or similar network tool before logging in with SingPass. SingPass requires a direct connection to verify your identity securely, and a VPN or proxy will cause the login or MyInfo retrieval to fail. If you run into an error, disable your VPN completely, refresh the page, and try again. This is a SingPass requirement that applies across all SingPass-enabled services, not something specific to COEPLUS.

COE PLUS PTE. LTD. was incorporated in June 2026 as the company behind this platform, but our team brings over 10 years of hands-on experience in COE renewal and vehicle financing. COEPLUS.COM is a newly built platform bringing that experience into one dedicated, AI-powered service.

Our service — advice, eligibility checks, PQP quotation, and loan matching — is completely free, with no hidden admin fees. However, the official Prevailing Quota Premium (PQP) is set by LTA and must always be paid to renew your COE; no service, including ours, can make that go away. What we do is help you get the best financing for that PQP cost, at zero charge to you.