COE, PARF and OMV
The three numbers that decide what a Singapore car is worth and what you get back.
COE fell on 23 September. Renewal prices are still set to rise in October.
Renewal is priced on the Prevailing Quota Premium, a three month average that trails the bidding results. October's figure takes in September's two highest rounds, so renewing before the month ends is likely to cost less than renewing after it.
COE dips from its record. The bid count tells you more than the price.
Every category fell in the 23 September exercise, Category A by less than 1%. The more useful change was in bidding: 4,210 bids for 3,229 certificates, against 4,776 for 3,253 two weeks earlier.
Category A hits $133,009. The number that matters more is 19,085.
Every category rose in the 9 September exercise and Category A set a record. The quota for August to October came in at 19,085 against 19,052 the previous quarter, which is the part of the result that actually tells you something.
Category A hits $133,009. The number that matters more is 19,085.
Every category rose in the 9 September exercise and Category A set a record. The quota for August to October came in at 19,085 against 19,052 the previous quarter, which is the part of the result that actually tells you something.
What happens at the ten year mark, renew, scrap or sell
A COE runs for ten years and then you have three options and no fourth. The right one depends on a number that changes every month, so the arithmetic has to be done close to the date rather than years ahead.
What happens at the ten year mark, renew, scrap or sell
A COE runs for ten years and then you have three options and no fourth. The right one depends on a number that changes every month, so the arithmetic has to be done close to the date rather than years ahead.
PARF car or COE car, which one actually suits you
A COE car can cost half what a PARF car does for the same model. That gap is not a bargain or a trap. It is the market pricing in something specific, and whether it suits you depends entirely on how long you plan to keep the car.
PARF car or COE car, which one actually suits you
A COE car can cost half what a PARF car does for the same model. That gap is not a bargain or a trap. It is the market pricing in something specific, and whether it suits you depends entirely on how long you plan to keep the car.
Budget 2026 cut PARF rebates by 45 points. Cars already on the road kept the old deal.
The rebate on a new registration now returns 5% of ARF at the ten year mark instead of 50%. Cars on COEs obtained before the second February 2026 bidding exercise are untouched, which quietly changed the maths between buying new and buying used.
Budget 2026 cut PARF rebates by 45 points. Cars already on the road kept the old deal.
The rebate on a new registration now returns 5% of ARF at the ten year mark instead of 50%. Anything registered before 13 February 2026 is untouched, which quietly changed the maths between buying new and buying used.