Certificate of Entitlement
PQP rates
Prevailing quota premium for November 2026 · Source: LTA via DataMall
Common questions
The Prevailing Quota Premium (PQP) is the price of renewing a COE when its first 10 years end. Paying it renews the COE for another 5 or 10 years instead of deregistering the car.
LTA averages the closing premiums in the category over the last three months, across both exercises, and publishes it as the rate for the coming month. It therefore lags the market rather than leading it.
The headline and the published rates table on this page give the current month's PQP for Category A and Category B, with the change on the month before. A 5-year renewal costs half the PQP.
No. This page lists the PQP for Categories A and B only, and there is no PQP for Category E.
Renewing gives price certainty: the PQP is published before the month starts, while a bid is settled only when the exercise closes. But the car loses its PARF rebate on renewal, so it carries no PARF value at deregistration. The chart on this page sets each PQP against the latest closing premium.
No. A 5-year renewal is final, and the car must be deregistered at the end of it.