COE Financing

Finance your Certificate of Entitlement (COE) with the most Competitive interest rates for both Private and Commercial vehicles.

Retain your vehicle on the road by renewing your COE for 5 years or 10 years.

Enjoy the fast processing and hassle free on your COE loan application. We strike to provide you the top notch service along the way.


Online Loan Calculator

Our online loan calculator help you to estimate your monthly payments on your next new or used purchase affordability .

COE Finance Loan

Finance your Certificate of Entitlement (COE) with one of the most competitive interest rates for both private cars and commercial

Get Finance

To help our clients to fulfill their aspirations of owning trusty on vehicle loan, constantly evolving our Motor Financing Solutions to suit our clients.
Things to Know
  1. Parf Rebate
    If you decided on your car’s COE renewal, meaning you will lose your car’s PARF rebate. This normally known as scrap value which the amount of money you get back from the Government once you deregister your car.
  2. Road Tax
    There is an additional surcharge applied on the car’s road tax for cars on the road over 10-year old. This amount is chargeable up to 50% over the car’s regular road tax rate per annum. The additional surcharge can be significant for a large capacity engine car.
  3. Maintenance and Repair Costs
    Another factor you may consider whether to renew your car COE is the maintenance cost. As your car gets older, the cost of servicing will increase. Cost of maintenance and repair are very much depending on the condition of the car. Besides, you may want to take note on the availability of spare parts for your car. If you have a less common car, you could face the difficulty of getting the spare parts or encounter a long waiting time while ordering the replacement parts.
  4. Cost of Renewing COE
    By knowing the cost of Prevailing Quota Premium (PQP), it will help you to determine how much is the cost different between renewing your car COE and buying a newer car. You were given an option to renew 5-year COE, which you are only paying half of the PQP. This is very much depending on how much you are willing to spend on a newer car such as down payment and monthly instalment to pay off the loan.
  5. Less Depreciation of a Renewed COE Car
    By renewing your car’s COE, you could expect a less depreciation of your car over the next 5-year or 10-year as you only pay the cost of new COE. The depreciation will simply be a straight-line division of the renewal premium over the next 5-year or 10-year.
  • 18 Years Old and above
  • Singaporean and Singapore PR
  • Foreigner (Local Guarantor is required)
Documents Required for Private or Commercial Loan Application
Company Application:

1. A copy of company ACRA

2. Front and back copies of company director or sole proprietor NRIC

3. Income documents
– Latest 2 years Income Tax Notice of Assessment or
– Latest 3 months of Company Bank Statement

4. Complete application form

Individual Application (Self Employed & Salaried Employee):

1. Front and back copies of NRIC

2. Income documents
– Latest 3 months of computerised payslip or
– Latest 2 years Income Tax Notice of Assessment or
– Latest 12 months CPF Contribution History

3. Complete application form

4. Passport, Proof of Residence and Work Permit with validity date 6 months before expiry date (for foreigners only)

Procedure of Private or Commercial Vehicle Loan Application
  1. Submission of all Documents and Application.
  2. Finance Company will process the application.
  3. Application Result will take 1 working days.
  4. Processing Fee Required.
Payment Mode
Our Finance Company will get in touch with you on the payment mode for the repayments.

Get In touch & We will Contact You Shortly

To find out more about Motor COE Financing please feel free to contact us and our friendly consultant will get back to you shortly alternative you can call us at +65 6383 8222.

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Want to test your desire car before making purchase? Book a test drive with us now.

Vehicle Leasing

A wide range of vehicle for rent. We provides short term and long term leasing for your needs.

Motor Insurance

We provides a wide range of motor insurance (Comprehensive, Third Party, etc…) Get a quote with us..

Want to Trade-In Or Sell Your Used Car?

Get a Free Valuation of your vehicle price from our friendly consultant. Get cash or trade it in for any car on our lot.

Get In Touch

(65) 6383 8222


7030 Ang Mo Kio Avenue 5
#01-01 Northstar Building
Singapore 569880



Open Hours

Mondays To Fridays: 10.30am – 6pm
Sat: 10.30am – 5pm
Sun: By Appointment Only

Closed on Public Holidays.

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