asked about COE Renewal

4 months ago

COE price low should renew first or wait?

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1 Answer

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Issac

Hi Josiah you have two options,

If your COE expires in 5 August 2021 for example

1. Renew before expiry month

If you choose to renew your COE for five years, you will have to deregister your car when it expires.

You can find out the PQP for July 2021 after the second bidding exercise in June 2021.

You can renew your COE using the July 2021 PQP on the Friday after the second bidding exercise in June 2021.

Your new COE period will start on 1 August 2021.

In this case, you have until the end of July to do this.

*Note that the unused portion of your COE will be forfeited (including COE rebates)

2. Renew in expiry month

• You can find out the PQP for August 2021 after the second bidding exercise in July 2021, and renew your COE on the Friday after the second bidding exercise in July 2021.

• Your COE period will start the day after your current COE expires (which in this case is 6 August 2021)

• You will have until the end of your COE to do this. (5 August)

You can head over to the URL below to get our friendly associates to assist you in your decision.

https://www.motorist.sg/coe-renewal

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4 months ago