COE Renewal Loan

Secure Financing for Your COE Renewal with our fuss-free COE Renewal Loan

Owning a car in Singapore requires a Certificate of Entitlement (COE), which grants you permission to own and use the vehicle for a specific period (typically 10 years). When your COE nears its expiry date, you have two options: deregister your car or renew the COE.

A COE Renewal Loan helps you finance the cost of renewing your COE, known as the Prevailing Quota Premium (PQP). This premium fluctuates based on market demand for COEs in your vehicle category.

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Contact us to learn more about our seamless COE Renewal proces.

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    Benefits of COE Renewal Loan

    Keep your existing car on the road without a large upfront payment.

    Choose a loan term that fits your budget, typically ranging from 1 to 7 years.

    Minimise the overall cost of COE renewal by potentially securing a lower interest rate than other financing options.

    Focus on the paperwork while the loan helps cover the COE renewal cost.

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