Car Tips: Information About COE: Trends, Prices, Bidding & More

Frequently Asked Questions on COE


By PPSL / Cars / May 25, 2016

PPSL BMW Car Tips - Certificate of Entitlement (COE) FAQs

Here are some of the most frequently asked questions (FAQs) on COE with answers to each of them. We hope that you would be able to learn a thing or two about COE, especially its implications on used vehicles after reading this post. 
 

What is COE?

COE stands for Certificate of Entitlement. It is required when you are buying a new vehicle, and a COE will grant you the ownership of a vehicle for 10 years. At the end of the 10th year, you may choose to extend the ownership for another 5 or 10 years. The latter allows you to extend the ownership further subsequently. In contrast, you would have to de-register your vehicle after extending ownership for 5 years.
 

Does a pre-owned car need COE?

Yes. In fact, the COE is already embedded into selling price when you are buying a pre-owned vehicle. This is because, the COE for the pre-owned vehicle is the same COE the first owner has paid for when purchasing it as brand new. Basically, a COE is permanently tagged onto a vehicle until it is de-registered. Just remember that every vehicle in Singapore requires a COE; new or pre-owned.
 

What is the difference between Category A and B COEs?

Category A COE is for vehicles with engine capacity up to 1,600cc and 97kW, on the other hand, for vehicles above 1,600cc or 97 kW it will require a Category B COE.  Usually, Category A COE are for smaller cars like a Hatchbacks or smaller Sedans, whereas Category B COE are for larger Sedans, SUVs, Trucks & Vans. However, measuring with plain sight is inaccurate because there are small vehicles with big engine capacity or vice versa.
 

What is a Category E COE and how is it special?

Category E is an open category. The Category E COE can be used on any vehicle regardless of its category, although it’s normally used for Category A or B vehicles. The Category E COE has the flexibility to transfer the ownership from one individual to another.
 

How do I bid a COE?

A bidder may submit and revise the bidding price via ATM or Internet Banking. However, this can only be done through banks such as DBS/ POSB, UOB and Maybank. Alternatively, car dealerships do provide package deal to customers who prefers not to bid themselves.
 

How may I check for COE results?

You may visit www.onemotoring.com.sg and click on “COE Prices”. Alternatively, you could download the MyTransport app on your smartphone for convenient access. To find out COE price for new cars, you may look for the figures under QP ($). Otherwise, you can refer to the prices under PQP*($) for renewing of COE.

 

Thank You For Reading!

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Frequently Asked Questions on COE


By PPSL / Cars / May 25, 2016


Here are some of the most frequently asked questions (FAQs) on COE with answers to each of them. We hope that you would be able to learn a thing or two about COE, especially its implications on used vehicles after reading this post. 
 

What is COE?

COE stands for Certificate of Entitlement. It is required when you are buying a new vehicle, and a COE will grant you the ownership of a vehicle for 10 years. At the end of the 10th year, you may choose to extend the ownership for another 5 or 10 years. The latter allows you to extend the ownership further subsequently. In contrast, you would have to de-register your vehicle after extending ownership for 5 years.
 

Does a pre-owned car need COE?

Yes. In fact, the COE is already embedded into selling price when you are buying a pre-owned vehicle. This is because, the COE for the pre-owned vehicle is the same COE the first owner has paid for when purchasing it as brand new. Basically, a COE is permanently tagged onto a vehicle until it is de-registered. Just remember that every vehicle in Singapore requires a COE; new or pre-owned.
 

What is the difference between Category A and B COEs?

Category A COE is for vehicles with engine capacity up to 1,600cc and 97kW, on the other hand, for vehicles above 1,600cc or 97 kW it will require a Category B COE.  Usually, Category A COE are for smaller cars like a Hatchbacks or smaller Sedans, whereas Category B COE are for larger Sedans, SUVs, Trucks & Vans. However, measuring with plain sight is inaccurate because there are small vehicles with big engine capacity or vice versa.
 

What is a Category E COE and how is it special?

Category E is an open category. The Category E COE can be used on any vehicle regardless of its category, although it’s normally used for Category A or B vehicles. The Category E COE has the flexibility to transfer the ownership from one individual to another.
 

How do I bid a COE?

A bidder may submit and revise the bidding price via ATM or Internet Banking. However, this can only be done through banks such as DBS/ POSB, UOB and Maybank. Alternatively, car dealerships do provide package deal to customers who prefers not to bid themselves.
 

How may I check for COE results?

You may visit www.onemotoring.com.sg and click on “COE Prices”. Alternatively, you could download the MyTransport app on your smartphone for convenient access. To find out COE price for new cars, you may look for the figures under QP ($). Otherwise, you can refer to the prices under PQP*($) for renewing of COE.

 

Thank You For Reading!

Follow us on Facebook, by clicking Like, for more Car Tips! 


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