Certificate of Entitlement (COE)
A COE represents the right to vehicle ownership and is one of the many prerequisites to owning and operating a vehicle in Singapore. Upon successful bidding, a COE is valid for a period of 10 years. Subsequently, owners have the option to renew it for another 5 or 10 years, depending on their vehicle category and statutory lifespan.
The 5 COE Categories
Category A
Cars with engine capacity up to 1,600cc and power output of 97kW.
Category B
Cars with engine capacity above 1,600cc and power output of 97kW.
Category C
Goods vehicles and buses.
Category D
Motorcycles.
Category E
Open category for any vehicle type. Except motorcycles.
How Does COE Bidding Work?
COEs for each individual category are bid separately in an open bidding system. However, not every bid will go through successfully.
Submit Bid Amount
You will submit the bid amount that you're willing to pay in the system. This is also known as the reserve price.
Submitting System
The bidding system will raise the current price of COE by $1. If the current price of COE exceeds your bid, you are out of the running.
COE Prices Rise
The current price of COE will continue to rise. It stops when the number of bidders are equivalent to the number of COEs available.
COE Terms
Ask us anything - Vincar is here for you.
The VQS is a system that limits the number of vehicles that can be used in Singapore at any given time. This is achieved by restricting the available supply of COEs. Since each COE can only be held for a maximum of ten years, you will haveto either pay to upgrade your COE in order to continue using your car or deregister and scrap it.