Are you renewing your COE for the first time? Then this guide is going to help you understand a few essential things. After your COE expires, you need to renew it so that the vehicle remains under your name. Not renewing the COE means the vehicle will get deregistered and you’ll need to scrape it off. Also, you have the freedom to renew the COE before it expires. For more details on COE PQP renewal stay tuned to all the details below.
Why do you need to renew the COE of your vehicle?
The most obvious reason for choosing COE renewal is the lesser upfront cost. Also, there are various ways by which you can renew your COE. Some of the frequently opted choices are listed below.
- Visit the LTA customer center
- You can also renew your COE through the post
- Also, you can use the internet and use an online mode of payment for your COE renewal
Opting for a loan for your COE
You can also use a loan and renew your vehicle’s COE. You can also choose a loan that can cover your renewal fully. Now, to find the best loan option for your needs, you need to contact your loan service provider. The repayment term will depend on how long you decide to renew your COE.
However, if you are too confused and do not know how to go about your first COE renewal, get in touch with an expert. The professionals will assist you in your renewal process and guide you till the end of it.