COE Prices Singapore
Latest Certificate of Entitlement Quota Premiums, price trends and everything EV buyers need to know.
Prices reflect the most recent bidding exercise. Always verify on LTA's official website before making decisions.
Latest COE Prices
Updated 6 Jul 2026
Car ≤ 1600cc & 130bhp, or 110kW
$129,000
Quota Premium (QP)
+$5,153 vs prevSmaller EVs (e.g. BYD Atto 3, MG 4, Nissan Leaf)
Car > 1600cc & 130bhp, or 110kW
$130,889
Quota Premium (QP)
+$7,387 vs prevHigh-power EVs (e.g. Tesla Model 3, Porsche Taycan)
Goods vehicles & buses
$95,000
Motorcycles
$10,201
Open - all except motorcycle
$129,801
Price Trends
COE Quota Premium by category over recent bidding exercises.
What is a COE?
A Certificate of Entitlement (COE) is a permit that gives you the right to own and use a vehicle on Singapore's roads for 10 years. Introduced in 1990 as part of Singapore's vehicle population control system, COE is obtained through an open bidding exercise held twice a month by the Land Transport Authority (LTA).
The COE cost is typically included in the OTR (On-The-Road) price quoted by dealers and forms a significant portion of a car's total cost — often $80,000–$130,000 for passenger cars.
Category A vs B — Which for Your EV?
- BYD Atto 3 (150 kW — Cat B)
- MG 4 (150 kW — Cat B)
- Nissan Leaf (110 kW — Cat B)
- Volvo EX30 (200 kW — Cat B)
Most EVs exceed the Cat A threshold — very few passenger EVs qualify for Cat A. Confirm with your dealer.
- BYD Atto 3 — 150 kW
- Tesla Model 3 — 208–358 kW
- Hyundai Ioniq 5 — 125–225 kW
- Kia EV6 — 168–239 kW
- Porsche Taycan — 300–560 kW
The vast majority of passenger EVs in Singapore are Category B.
How the COE Bidding Process Works
Dealer submits bid
Your authorised dealer places a COE bid on your behalf through LTA's bidding system during the exercise window.
Bidding window opens
Each exercise runs for 3 days (typically Monday–Wednesday), held twice a month.
Quota Premium (QP) set
The QP is the lowest successful bid. Every successful bidder pays the QP, not their individual bid.
COE granted
If your bid ≥ QP, the COE is granted. Your dealer registers the vehicle and the 10-year clock starts.
Bidding exercises are held twice a month — usually on the 1st and 3rd Monday, running for 3 days. Your dealer handles the bidding on your behalf.
COE Renewal at 10 Years
When your COE expires, you can deregister the vehicle (and receive a PARF/COE rebate) or renew the COE by paying the Prevailing Quota Premium (PQP).
5-Year Renewal
- Pay 50% of the prevailing PQP
- Lower upfront cost
- Good if upgrading soon
10-Year Renewal
- Pay 100% of the prevailing PQP
- Better value if keeping the car longer
- Fixed cost vs bidding uncertainty
Frequently Asked Questions
How long is a COE valid?
A COE is valid for 10 years from registration. After 10 years, you can renew for 5 or 10 years by paying the Prevailing Quota Premium (PQP) at the time of renewal.
Do EVs qualify for any COE rebates?
EVs don't get COE rebates directly, but benefit from the VES (Vehicle Emissions Scheme) rebate — up to $25,000 off the ARF for Band A1 vehicles, effectively reducing the total OTR price.
What category does my EV fall under?
Category A covers car ≤ 1600cc & 130bhp, or 110kw. Category B covers car > 1600cc & 130bhp, or 110kw. Most passenger EVs in Singapore are Cat B. Confirm with your dealer.
Can I transfer a COE to another car?
No — a COE is tied to a specific vehicle and cannot be transferred. When a vehicle is deregistered, any remaining COE value may be returned as a PARF/COE rebate.
What is the PQP used for renewals?
The Prevailing Quota Premium (PQP) is the 3-month moving average of the QP for the relevant category. It is used when renewing a COE instead of going through a fresh bid.
Is COE included in the advertised car price?
Almost always — car prices in Singapore are quoted 'OTR' (On-The-Road), which includes COE, ARF, registration fee, and first-year road tax. Always confirm with your dealer.
Ready to find your EV?
Browse EV models available in Singapore with OTR pricing (COE included), range, specs and VES rebate details.