How much does it cost to renew my COE in September 2026?

A 10-year renewal costs the full Prevailing Quota Premium: $126,208 for Cat A cars, $128,697 for Cat B, $92,907 for Cat C and $10,366 for motorcycles. A 5-year renewal costs exactly half, but a car on a 5-year renewal cannot be renewed again.

Is it better to renew my COE for 5 or 10 years?

10 years costs double upfront but keeps the option to renew again and preserves resale value. 5 years suits owners who are sure they will stop driving the car, since the vehicle must be deregistered at the end and loses its PARF rebate eligibility either way.

Do I lose my PARF rebate if I renew my COE?

Yes. Once you renew the COE, the car permanently loses its PARF rebate. You only receive a rebate for any unused portion of the renewed COE if you deregister early.

September 2026 PQP built in · updates monthly

COE renewal calculator: what LTA will charge you.

Renewing a COE costs the Prevailing Quota Premium — a 3-month moving average of recent bidding results, not the latest headline price. Pick your category and term; the figures below use the official September 2026 PQP.

Your renewal

Vehicle category

Renewal period

PQP this month (Sep 2026)

Category	10-year	5-year

You pay LTA

$126,208

10-year renewal, Cat A, at the September 2026 PQP.

Effective cost / month	$1,052
Effective cost / day	$34.58
vs latest Cat A bidding price	$2,293 cheaper

Remember: renewing forfeits your PARF rebate permanently. If your car still holds significant PARF value, compare a sale price against the renewal cost before committing.

Renew, sell, or let it go?

Renewing makes sense when your car is mechanically sound and its PARF rebate is small — common for cars bought with high COE premiums and low OMV. Selling wins when the used market values your car above its paper value, which happens when COE prices are high, as they are now. Run the numbers in the true cost calculator, and check where premiums are heading on the trends page before you commit.

COE renewal FAQ

How much does it cost to renew my COE right now?

At the September 2026 PQP: Cat A $126,208, Cat B $128,697, Cat C $92,907, Cat D $10,366 for 10 years — or exactly half for 5 years. PQP changes on the first working day of each month.

Should I renew for 5 or 10 years?

10 years costs double upfront but keeps the option to renew again and holds resale value better. A car on a 5-year renewal must be deregistered at the end — no second renewal. Motorcycles and commercial vehicles can renew 5-year terms repeatedly.

Do I lose my PARF rebate when I renew?

Yes, permanently. That is the hidden cost of renewal — if your ARF was high, the forfeited rebate can outweigh the savings versus buying again. The calculator note above links to a valuation check before you decide.

Can I pay the PQP in instalments?

Several banks and finance companies offer COE renewal loans of up to 100% of the PQP, typically over 5–7 years at flat rates similar to used-car loans. Work out repayments in the car loan calculator.