You do not need to bid for a COE for COE renewal. To renew the COE for your existing vehicle for another 10 years, pay the Prevailing Quota Premium (PQP). To renew the COE for another 5 years, pay 50% of the PQP
COE renewal period
At the end of the 10-year COE period, vehicle owners may choose to deregister their vehicle or to revalidate their COEs for another 10-year period by paying the applicable PQP or for 5-year period by paying half the PQP (round up to the next dollar). For vehicles without statutory lifespan (such as motorcycles and cars), there is no limit to how many times you can renew the COE so long as the COE is renewed for 10 years.
For 5-Year COE Renewal
1) Category C vehicles with 5-year COE that had expired before 25 Feb 2013, and Categories A, B and D vehicles:
The 5-year COE is non-renewable. You must deregister the vehicle upon the expiry of the 5-year COE.
2) Category C vehicles with 5-year COE that is expiring on or after 25 Feb 2013:
A 5-year Category C COE that is expiring on or after 25 Feb 2013 is renewable. However, all renewals can only be for a 5-year period, subject to the vehicle's statutory lifespan.
View Vehicle Quota Results (in pdf format) for: