COE Renewal Financing · Since 2016
See what it costs to keep your car
Move the sliders for your live monthly — renew your COE with $0 downpayment, $0 fees, from ~$1,161/month. Then get your exact quote, free.
From $1,161/mth
$0 Downpayment
$2,000+ in Perks
Same-Day Processing
RTATCK+
★★★★★ 500+ renewals, rated 5 stars by Singapore drivers
Renewal Cost Estimator
Live · October 2026 PQP
1. Your COE category
2. Renew for how long?
3. Pay it off over
Your renewal works out to about
$1,333/mo
10-year renewal · paid over 10 years · $0 downpayment
Get My Exact Quote
Rough guide from live LTA PQP data · $0 downpayment. Your exact monthly depends on your car — get it free below.
500+
COE Renewals Completed
$0
Downpayment To Renew
$0
Admin, Processing & Transfer Fees
Same Day
Loan Processing
Run The Numbers
Renew vs Change Car —
The Real Comparison
Here's the honest side-by-side. $0 down, from ~$1,161/month, and a car you already know inside out.
| What You're Comparing | ✓ Renew with Meyer Motors | Changing Cars |
|---|---|---|
| Monthly Payment | From $1,161 | $1,700++ typically |
| Downpayment | $0 | $10,000–$30,000+ |
| Admin / Agent Fees | $0 — always | High (dealer margins) |
| Vehicle Condition | Familiar — you know it | Unknown history |
| Residual Value | Pro-rated unused COE refund from LTA | Subject to dealer quote |
| Interest Rate | From 2.58% over up to 10 years · $0 down | 2.38%–4.98% capped at 7 years · 30–40% down |
| Wear & Tear Cost | Known — you've managed it | Unlimited unknowns |
| Insurance Discount | 8% off — for life | None |
| Bundled Perks | $2,000+ included — health check, warranty credit, renewal discounts | None |
| ✓ The winner on almost every line |
Rates and figures are estimates for illustration. Chat with us for your personalised quote.
Why Renew
Three signs you should renew
Sign 01
The car is mechanically sound
A well-kept car has already absorbed its steepest depreciation. If it's healthy, renewing buys another decade for a fraction of starting over.
Sign 02
You don't want to tie up cash
A replacement demands a large downpayment under MAS limits. Renewal can be financed at up to 100% of the PQP — so nothing leaves your account upfront.
Sign 03
You actually like the car
You know its history, its quirks, its service record. That's worth something real — and it's the one thing a replacement can't give you.
Wait Before You Switch
Thinking of going EV
when your COE expires?
The fuel savings don't tell the full story. On a 10-year view a new EV works out to roughly $53,000 more than renewing — even after fuel savings — and it asks for tens of thousands upfront versus $0 to renew.
EVs are still very expensive to buy
The upfront cost and monthly payments on a new EV wipe out your fuel savings for years — often permanently at current prices.
Depreciation hits hard on new cars
A new EV loses significant value the moment you drive it out. Your renewed car is already past the steep depreciation curve.
Charging isn't seamless yet
HDB parking, charger availability, queue times and range are still real daily friction for many Singapore drivers.
"Wait, really?"
That's what most people say when we show them the 10-year picture:
Renew your COE
~$190k
$0 downpayment
New EV (Atto 3)
~$243k
~$74k upfront
10-year cost of ownership incl. fuel/charging, road tax & interest. The EV also asks ~$74k before you drive off.
Show Me the Real Numbers
Free, no obligation. We'll be honest even if the answer isn't us.
Everything Included
Nobody Takes Care
of You Like We Do
From the moment you enquire until you drive away — and long after. Every renewal comes with real, dollar-value perks competitors simply don't offer.
$2,000+
in bundled perks with every renewal — health check, warranty credit, renewal discounts and more.
Get My Quote
Free Vehicle Health Check
Full inspection at our partner workshop after you sign up.
Worth $150 + GST
Engine + Gearbox Warranty Credit
$200–250 credit toward a 1-year workshop warranty (U.P. $520–$750 + GST). Your biggest-ticket risks, covered.
Up to $250 credit
$1,600 Off Paint + Upholstery
Make your renewed car look and feel new again. Usual price $3,600 — you pay $2,000.
Save $1,600
This Month’s Bonus
Free oil change when you activate your warranty. A fresh bonus every month — ask us what’s on.
This month
Lifetime Insurance Discount
8% off your car insurance every year — for life. Not just the first 3 years.
Zero Fees — Ever
No admin fees, no transfer fees, no processing charges, no hidden costs. Our promise, always.
All LTA Paperwork Handled
We submit everything to LTA on your behalf. You don’t touch a single form.
Same-Day Loan Processing
We submit to the bank the same day you enquire and push for fast turnaround.
*Workshop perks fulfilled at our partner workshop. Warranty credit and monthly bonus apply on warranty activation. Terms apply — ask us for the full details.
Happy Customers
Trusted by Singapore
Car Owners Like You
"
I could not find another car I liked within my budget, so I decided to engage Meyer Motors to renew my COE. They were very fast, and gave good advice. Would recommend them.
RT
★★★★★
Ricky Tay
2015 Honda Vezel
"
Greatly appreciate Gerald's & Steve's support to attend to my COE extension process. It was a fast transaction. Indeed they are knowledgeable staffs. Highly recommended to anyone who in need of advice & support about COE extension matters. Kudos to both!
BM
★★★★★
Bala Murugan
Local Guide · Google Review
"
Had a great experience with Gerald from Meyer Motor. He provided fast and professional service from start to finish, making the whole process smooth and stress-free. He clearly knows his stuff, communicated clearly, and got the job done quickly without cutting corners.
TA
★★★★★
Tengku Anwar
Google Review
"
Just renewed the COE for my ride with Meyer Motors and the experience was seamless. Dennis handled everything from the loan approval to the insurance quotes, with a nice 8% discount for clients! If you want a hassle free renewal with competitive rates and a complimentary car wash to boot, this is the place to go. Thanks, Dennis!
TL
★★★★★
Tean Loon Liew
Google Review
"
I had an excellent experience with the team here for my COE renewal. The staff Dennis was incredibly professional and took the time to explain the entire process in detail. As a first-timer, I had many questions about PQP trends and loan options, but they were very patient and never made me feel rushed. Five stars!
AH
★★★★★
alson hoi
Local Guide · Google Review
"
Dennis of Meyer provided excellent service. He was professional, sincere, and very detailed in explaining the COE extension process, which I was not familiar with. His patience and honest approach gave me a lot of confidence, and I chose him in my assessment over other competitors because of his service. Highly recommended.
CP
★★★★★
Cheong Hai Poh
Google Review
"
Mr Dennis Tan from Meyer Motors — I had an excellent experience renewing my COE. Communication was clear and prompt, and every detail was handled with care and efficiency. What stood out most was their willingness to go the extra mile to ensure complete satisfaction. I highly recommend their services to anyone. I will definitely return in the future.
SV
★★★★★
Sara Vanan
Google Review
"
My COE renewal was smoothly handled by Gerald. Very detail explanation given and delivered as per what was mentioned before the signing of the loan without any extras.
BR
★★★★★
BaHaR RaHiM
Google Review
"
Renewed my car's COE with the help of Dennis recently. Dennis is so clear in all his explanations step by step. He will know what kind of doubts I have and automatically answered it without me asking. Very efficient, and experienced team they have here at Meyer Motors.
ZL
★★★★★
zhiqian lin
Google Review
"
Would like to thank Dennis for getting my COE renewal loan approved at very attractive interest rate. No hidden cost and very professional.
LK
★★★★★
lee kent
Google Review
"
Dennis from Meyer Motors had been a great help from the first contact till the completion of our COE renewal. Excellent service and highly recommended.
HT
★★★★★
H Tan
Google Review
"
If you are currently considering whether to renew the COE for your vehicle, I would like to share my experience. I reached out to Mr Gerald and Mr Dennis from Meyer Motor. Their service was exceptional — clear explanations, professional guidance, and proactive assistance throughout the entire process. Your service is truly beyond words.
LT
★★★★★
Lance Teo
Google Review
"
Dennis has been providing good followup for COE renewal process. It's a pity I decided to purchase a car instead of renewing the COE. Appreciate the advice and guidance!
LG
★★★★★
Lionel Gan
Local Guide · Google Review
"
Gerald and Dennis team did a great job in helping my wife renew COE within a short period of time, never fail to reply in late night. Hassle free in the whole renewing process.
KC
★★★★★
Kevin Chek
Google Review
"
Sale personnel make the COE renewal easy with no hassle.
BL
★★★★★
Benjamin Leong
Google Review
"
I had just renewed my COE, everything went smoothly and it was a pleasant experience with Meyer Motors.
NA
★★★★★
Nordin Ahmad
Google Review
Swipe to read more reviews
Zero Hassle
From Enquiry to Renewed —
In 4 Simple Steps
We handle the paperwork, the bank, and LTA. You just drive away.
1
Tell Us About Your Car
Tell us your COE category and expiry date. Takes 60 seconds via the form below.
2
Get Your Personalised Quote
We pull the latest PQP and build a monthly payment breakdown tailored to your car.
3
Same-Day Loan Processing
We submit to the bank the same day. Approval is subject to bank turnaround, but we push hard to move fast.
4
We Handle Everything Else
LTA paperwork, insurance, documentation. You come to us, we take care of it all.
Free · No Obligation · Same-Day Reply
Now get your exact number
The calculator above is a rough guide. Tell us your COE category and expiry date and we'll come back with your monthly payment breakdown, your rebate position and the full perk list. No pressure, no obligation.
✓ Instant WhatsApp reply once you submit
✓ No obligation, just honest numbers
✓ No admin, processing or transfer fees
$2,000+
in bundled perks with every renewal — free vehicle health check, engine + gearbox warranty credit & more. Rate locked for 30 days.
★★★★★
500+ renewals
4.9 on Google
Check My Monthly Payment
Free quote · No obligation · Instant WhatsApp reply
Guides & Tools
Work it out for yourself
Free calculators and straight answers on COE renewal in Singapore. No email gate, no sales pitch — just the numbers and how they work.
COE Basics
COE Basics
COE Basics
COE Basics
COE Basics
Editorial
Editorial
Editorial
The Big Decision
The Big Decision
Financing
The Big Decision
Financing
COE Basics
COE Basics
The Big Decision
The Big Decision
COE Basics
Your Money Back
The Big Decision
Financing
COE Basics
How to renew a goods vehicle or bus (Cat C) COE
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How to renew a motorcycle (Cat D) COE
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How to check your COE expiry date
Find your COE expiry date on OneMotoring with Singpass in a few minutes, what the date means for your PQP and rebates,… COE Basics
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What happens when your COE expires
When your COE expires the car is deregistered and off the road. The one-month late renewal window, the $50 to $250 fee,… Editorial
Editorial
Renewing a COE on a company-registered car
Renewing the COE on a company-registered car: who applies, the 3-year lock-in for business-owned private hire cars,… Editorial
Editorial
When not to renew your COE
When not renewing your COE often makes sense: major repairs, short plans, a large PARF rebate, or a replacement you'd… Editorial
Editorial
Financing an older or modified car at COE renewal
Why lenders look harder at older and modified cars at COE renewal, what they check (car, income, existing debt) and… The Big Decision
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Renewing the COE on an off-peak car (OPC or ROPC)
Renewing the COE on an off-peak car? You pay the same PQP as a normal car. What stays, what changes, conversion costs,… The Big Decision
The Big Decision
Owning a car over 10 years old in Singapore
What changes once your car passes 10 years in Singapore: the 10% to 50% road tax surcharge, yearly inspection,… Financing
Financing
Personal loan vs COE renewal loan
Personal loan or COE renewal loan for your PQP? Flat rate vs EIR, MAS unsecured credit limits, 5-year tenure caps, TDSR… The Big Decision
The Big Decision
Renew your COE or sell the car before it expires?
Renew your COE or sell the car before it expires? How near-expiry cars are valued, when to sell, what comes next, and… Financing
Financing
The true cost of renewing a COE
What renewing a COE costs in October 2026: the PQP, flat-rate loan interest, the PARF rebate you give up, road tax… COE Basics
COE Basics
How to renew your COE
The full COE renewal process: eligibility, finding your PQP, choosing 5 or 10 years, paying for it, and the deadline… COE Basics
COE Basics
COE PQP today
This month's COE renewal PQP for Cat A, B, C and D, updated automatically from LTA bidding data — plus the latest… The Big Decision
The Big Decision
5-year or 10-year COE renewal?
A 5-year COE renewal costs half a 10-year one — for half the road time. So what are you really choosing? The cost per… The Big Decision
The Big Decision
Renew your COE, or buy an EV?
Switching to an EV when your COE expires? We ran the full 10-year cost against renewing — downpayment, road tax,… COE Basics
COE Basics
COE PQP explained
What the Prevailing Quota Premium (PQP) is, how LTA works it out from the last 3 months of COE prices, why it lags the… Your Money Back
Your Money Back
PARF & COE rebates, explained simply
What the PARF and COE rebates are, who qualifies, how they're worked out, and exactly what you forfeit if you renew… The Big Decision
The Big Decision
Renew your COE, or scrap the car?
Renew your COE or deregister and take the rebate? What each path costs, the PARF rebate you forfeit by renewing, and… Financing
Financing
How COE renewal loans work
How COE renewal loans work in Singapore: what you can finance, how tenure changes your monthly, and a live calculator…Who You're Dealing With
A real office in Sin Ming, since 2016
Meyer Motors Pte. Ltd. (UEN 201623697H) has arranged COE renewal financing since 2016. You'll deal with the same small team, Gerald, Dennis and Steve, from your first message to the day the renewal goes through.
We're a broker, not a lender. Banks and finance companies make the loan and pay our commission, which is why you pay us no fees.
More about us →Office20 Sin Ming Lane, #08-65 Midview City
Singapore 573970
Singapore 573970
HoursMonday to Saturday, 10am to 7pm. Closed on Sunday
Google★ 4.9 from 464 reviews · read them
CompanyMeyer Motors Pte. Ltd. · UEN 201623697H
Get directions on Google Maps →
FAQ
Questions
we get
all the time
Can't find what you need? Fill in the form above and we'll answer everything.
Want the long version? Browse all our guides & calculators →
No admin, processing or transfer fees. We're a broker: the bank or finance company pays our commission when your loan is approved. The only payment you make is your monthly instalment.
A 5-year renewal costs 50% of the PQP and has a lower monthly payment — ideal if you're not ready to commit long-term. The catch: for Cat A, B and D it can only be done once, after which the vehicle must be deregistered. A 10-year renewal costs more monthly but lets you keep renewing indefinitely. We'll walk you through both based on your situation. Full detail in our renewal loans guide.
When you renew your COE, your PARF rebate is forfeited — this is the main trade-off to weigh. If you renew early, the unused part of your current COE is forfeited too. We factor all of it into your quote. Full explanation in our rebates guide.
Yes — and timing matters. Your new COE starts from the 1st of the month after renewal, and any unused portion of the current COE is forfeited if you renew early. We advise on the best timing based on current PQP trends and your specific expiry date.
Every Meyer renewal comes with a free vehicle health check at our partner workshop after you sign up. You also get a $200–250 credit toward a 1-year engine + gearbox warranty, covering the two most expensive things that can go wrong.
Yes, in most cases. An existing hire purchase doesn't automatically disqualify you. Tell us the outstanding amount and we'll work out the options with the lender, including whether refinancing makes sense alongside the renewal.
Your car has never let you down.
Don't let costs force your hand.
Get your personalised monthly payment in minutes. Zero fees. Zero pressure.
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