Should I renew my COE or buy a new vehicle?
Even though the COE price is high, you are not able to pay or renew the COE in installments. Fortunately, you can actually take financial institutions or bank loans (i.e DBS, Maybank etc.) to renew your COE. Also, unlike car loans when you can only loan up to 70% of the car price, you can take 100% for COE renewal.