Renew your COE without emptying your savings.
COE prices are high and rising. We give Singapore vehicle owners a fast, transparent way to finance their renewal — so you keep your car without the financial strain.
Cat A, B, C
All COE categories
100%
COE cost financed
Same day
Typical approval
12–60 mo
Repayment terms
What is COE renewal and why finance it?
Every vehicle in Singapore has a 10-year Certificate of Entitlement (COE). When it expires, you pay the Prevailing Quota Premium (PQP) to keep the vehicle for another 5 or 10 years.
With COE prices regularly exceeding $90,000 for Category A, paying upfront is not always practical. A COE loan lets you spread that cost over monthly instalments — often at a lower effective rate than touching your savings or investments.
CoeLoans handles the full process: we assess your eligibility, prepare the loan agreement, and transfer funds directly to LTA on the renewal date.
Singapore citizen or PR
NRIC required. Employment pass holders may be assessed case by case.
Vehicle in your name
The vehicle must be registered to you or a related business entity.
COE expiry within 3 months
We process renewals from 3 months before the expiry date.
Proof of income
Last 3 months payslips or CPF statement. Self-employed applicants may use NOA.
Not sure if you qualify? WhatsApp or call us for a no-obligation chat. We assess quickly and will tell you honestly if a loan suits your situation.
Which category is your vehicle?
Category A
Cars up to 1,600cc & 97kW. Most common private cars.
Category B
Cars above 1,600cc or 97kW. Larger engine vehicles.
Category C
Goods vehicles & buses. Lorries, vans, and commercial fleets.
We finance all three categories. Contact us if you are unsure which applies to your vehicle.
Ready to renew your COE?
Apply takes 3 minutes. Decision the same day.