COE Renewal Solutions by NHL Capital Pte Ltd
COE Expiring Soon? Let Us Help You with
Interest from 2.48%!
Is your COE about to expire? NB Auto offers affordable COE financing with low interest rates to make your renewal process seamless. Let us help you stay on the road with easy, affordable solutions. Apply now and get the support you need!
Low Interest
Up to 100% Financing
Instant Loan Approval
Up to 7 Years Loan Tenure
COE LOAN RENEWAL OPTIONS
Category A
Car ≤ 1600cc & 130bhp, or 110kW
July PQP: $123,315
Interest Rate: 2.48%
5 Years – $2,310/month
6 Years – $1,968/month
7 Years – $1,723/month
Category B
Car > 1600cc & 130bhp, or 110kW
July PQP: $124,705
Interest Rate: 2.48%
5 Years – $2,337/month
6 Years – $1,990/month
7 Years – $1,743/month
Category C
Goods vehicle & bus
July PQP: $88,368
Interest Rate: 3.48%
5 Years – $1,730/month
REQUIREMENTS
Documents Required for Personal Application
- NOA 2025
- CPF Contribution Statement 2025
- Credit Bureau Report
- Last 3 Months’ Payslips
- Vehicle Number Plate & Access Code
- NRIC Copy
Additional Documents Required for Applications Under Company
- ACRA Profile (For Company)
- Financial Report (For Company)
What is the Certificate of Entitlement (COE) and Prevailing Quota Premium (PQP)?
The Certificate of Entitlement (COE) grants the right to own a vehicle and use it on the road for a period of 10 years. After this period, vehicle owners have the option to either scrap their car or renew their COE for an additional 5 or 10 years by paying a premium, known as the Prevailing Quota Premium (PQP).
The PQP fluctuates based on the average COE prices over a 3-month period. It applies across various car classification categories, including A, B, C, D, and E. The premium varies monthly, with the most current premium being published by the Land Transport Authority (LTA) at the end of each COE Bidding Exercise.
What are the key considerations for COE Renewal?
If you wish to renew your car’s COE, there’s no need to bid for a new one. You simply need to pay the Prevailing Quota Premium (PQP), and we can assist you with securing a 100% loan at an interest rate as low as 2.48%.
Please note that once you renew your car’s COE, you will forfeit the PARF rebate.
It’s important to renew your COE before it expires. We recommend submitting your loan application at least 4-6 weeks before the expiry date. Although you can still renew your COE up to 1 month after it expires, a late renewal fee will apply.
