COE Renewal Financing
for your Commercial Vehicles

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 Commercial vehicle coe

Almost all businesses would require a commercial vehicle to transport products and manpower across the country. Whether you are a manufacturer, entrepreneur or even a delivery service provider, commercial vehicles are a must-have to make transportation of your goods and services easier. However, what happens when you need to renew your certificate of entitlement (COE) and fork out a hefty amount of capital?

In Singapore, it is necessary for vehicle owners, commercial and private, to acquire a COE. The COE entitles an owner to 10 years of car ownership over a vehicle.  After the 10-year duration, the vehicle owner can opt either to invest in a brand-new car or renew their COE.

Most companies opt to review the commercial vehicle COE just because it is a relatively more worthwhile investment than a brand-new car. However, even the most seasoned business could find relief in a loan.

This is where MoneyMax Leasing comes in.

Businesses that require specialised commercial vehicles but do not wish to tie up large amounts of finances to buy new vehicles, will be pleased with MoneyMax Leasing’s COE Renewal financing plans. Offering the best rates in town and with flexible repayment periods of up to 7 years, you will be able to continue meeting your business needs affordably.

WHY MONEYMAX LEASING COE RENEWAL FINANCING?

Why should you get a loan for your commercial vehicle’s COE from MoneyMax Leasing?

As a professional COE loan solutions provider with a noteworthy reputation for offering some of the best services and rates in Singapore, you can depend on the team at MoneyMax Leasing to share the financial burden with you. Learn more about the benefits of getting a loan from our team by reading on!

Key Benefits

Attractive Rates

Flexible monthly repayments

Fast Loan Approval

Loan Tenure of Up to 7 Years

Hassle-free Experience

Loan Calculator

Loan Amount ($)
$1,000     $300,000
No. of Year
1 years     7 years
Rate of Interest (%)
2%     5%
Total repayments are at for selected years.
Total Monthly Repayment ($):
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Note: The calculations shown here are indicative only. They are not to be taken as an offer to contract. MoneyMax Leasing Pte Ltd shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance on the information provided herein.

FREQUENTLY ASKED QUESTIONS

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With Singapore’s high car prices the decision to own a car with a renewed COE (COE Car) makes great financial sense as the cost and depreciation is typically lower when compared to a new car. With advances in car technologies, cars are now more reliable than before and are expected to last over 10 years.

MoneyMax’s COE Renewal Loans are designed to help you own a COE car with a renewed COE with minimal fuss.

You may apply for a loan tenor for up to seven years.

You must be between 21 and 65 years of age with a minimum annual income of:
$30,000 for salaried and self-employed Singapore Citizens and Permanent Residents

  • Photocopy of identity card / passport
  • Vehicle Log Card (LTA)
  • Latest Income Documents
    • CPF Statement for the last 12 months, or
    • Income Tax Notice of Assessment for last 1 year, or
    • Payslip for last 3 months

We are here to help you

Find Us

7 Changi Business Park Vista
SOOKEE HQ Singapore 486042

Call / WhatsApp Us

Call: +65 6280 0808 / 8133 3568
WhatsApp: +65 8133 3568

Email Us

Get your answer!
enquiry@moneymaxleasing.com.sg

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