Prevailing Quota Premiums (PQP)
For those who wish to keep your vehicle registered beyond it's current COE expiry date, you will need to renew the COE by paying the applicable PQP for your vehicle. The PQP is the moving average of the COE prices (QPs) in the last 3 months and varies from month to month.
Thinking of renewing your COE for your car or purchasing a pre-loved car? Why not let us assess the condition of the car with our car evaluation service? Click here to find out how our Car Evaluation inspection can assist in uncovering any unseen flaws or defects in your car!
| Month | Cat A 1600cc & Below | Cat B 1601cc & Above | Cat C Good Vehicles & Buses | Cat D Motorcycles |
|---|---|---|---|---|
| Jan 2023 | $85,988 | $108,106 | $75,667 | $12,354 |
| Dec 2022 | $84,903 | $109,363 | $71,048 | $12.204 |
| Nov 2022 | $83,247 | $107,652 | $63,894 | $11,591 |
| Oct 2022 | $82,465 | $109,643 | $59,344 | $11,132 |
| Sep 2022 | $78,930 | $107,249 | $55,014 | $10,701 |
| Aug 2022 | $74,099 | $102,078 | $52,883 | $10,180 |
| July 2022 | $71,565 | $97,176 | $52,552 | $9,931 |
| June 2022 | $70,109 | $95,025 | $51,615 | $10,198 |
| May 2022 | $67,586 | $93,644 | $49,633 | $10,468 |
| Apr 2022 | $63,220 | $88,862 | $46,016 | $10,365 |
| Mar 2022 | $59,179 | $83,464 | $44,118 | $9,882 |
| Feb 2022 | $56,670 | $80,583 | $43,284 | $9,576 |
| Jan 2022 | $54,039 | $79,034 | $42,316 | $9,355 |
| Dec 2021 | $50,570 | $73,954 | $40,650 | $9,317 |
Source: Land Transport Authority.
Based on the 3 months moving average of QP.
