One motoring of the most common questions asked by motorists is "how many times can I renew my COE?". You should be able to renew your certificate as many as you need to, but you should also take a look at the condition of your car. Are you planning to buy a new car? Then, you should consider financing your purchase. Whether you need to upgrade your car's engine, gearbox, transmission, or brakes is a very important decision.
There are three ways to renew your COE. For commercial vehicles, you can renew it once every five years. For private cars, you can get the COE renewed as many times as you need. However, if you are planning to sell your car, then it is better to sell it. Your vehicle won't be eligible for auction if you don't renew it. After you have sold your car, it's not easy to find another one.
COEs are valid for five or 10 years, depending on the demand for vehicles. Once your COE expires, you can renew it for another five to ten years. You can also renew it more than once, as long as you pay the Prevailing Quota Premium, which is based on the moving average of vehicle prices. Depending on your requirements, you may wish to renew your COE several times if you haven't used it in a while.