Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
The number of motorists who chose to hang on to their old cars instead of buying new ones jumped to more than 17,000 in the first three months of this year.
More people are choosing to keep their vehicles beyond 10 years, with COE revalidations in the first five months of this year hitting a new high.
The number of small car owners renewing their COEs hit a new high last month, with the majority going for a five-year extension.
Interest in the new car segment has increased significantly in the past month - particularly for models under the COE Category A segment.