Deciding whether to renew your COE or sell your car is a big decision. Here's what you need to know.
01 When to Consider Renewal
Renew your COE if you love your current car and want to keep driving. Cars with 5-10 years remaining are good candidates for renewal.
02 The Costs Involved
COE renewal costs vary with bidding results. Check LTA's Q1/Q2/Q3 data before deciding. Sometimes it's cheaper to sell and buy a newer car.
03 Sell vs Renew
Compare: (Cost to renew + remaining car value) vs (Sell current car + buy new). Get a quote to make the right decision.
04 Get Professional Help
We can help you evaluate whether renewal makes sense for your situation - completely free.