PQP Tracker

LTA publishes the monthly Prevailing Quota Premium (PQP) using the preceding three months of premiums. Use this tracker to compare renewal prices with bidding premiums; check the applicable month and category before renewing.

Calculated estimates from recorded premiums. Confirm the payable amount with LTA before renewal.

Estimated PQP for September 2026

Category A ▲ +562
S$126,208

Calculated estimate

Category B ▲ +862
S$128,697

Calculated estimate

Category C ▲ +307
S$92,906

Calculated estimate

Category D ▲ +444
S$10,366

Calculated estimate

PQP vs Quota Premium Spread

The spread shows how much the current bidding price (QP) exceeds the renewal price (PQP). A positive spread means the bidding premium is higher. It does not compare the full cost of renewal with replacement.

Category Quota Premium PQP Spread Spread %
Category A S$131,890 S$126,208 +S$5,682 +4.5%
Category B S$133,000 S$128,697 +S$4,303 +3.3%
Category C S$92,144 S$92,906 S$-762 -0.8%
Category D S$12,201 S$10,366 +S$1,835 +17.7%

Historical PQP Trends

PQP movements over the last 24 months across all categories.

View data as table
Calculated monthly PQP history
Date Category PQP
2024-10-09 Cat A S$94,351
2024-11-06 Cat A S$98,317
2024-12-04 Cat A S$98,582
2025-01-08 Cat A S$97,746
2025-02-05 Cat A S$94,513
2025-03-05 Cat A S$92,525
2025-04-09 Cat A S$92,064
2025-05-07 Cat A S$93,718
2025-06-04 Cat A S$98,328
2025-07-09 Cat A S$99,643
2025-08-06 Cat A S$100,473
2025-09-03 Cat A S$100,643
2025-10-08 Cat A S$105,938
2025-11-05 Cat A S$113,922
2025-12-03 Cat A S$116,000
2026-01-07 Cat A S$114,004
2026-02-04 Cat A S$107,571
2026-03-04 Cat A S$106,541
2026-04-08 Cat A S$107,407
2026-05-06 Cat A S$112,324
2026-06-04 Cat A S$118,357
2026-07-08 Cat A S$123,314
2026-08-05 Cat A S$125,646
2026-09-09 Cat A S$126,208
2024-10-09 Cat B S$104,865
2024-11-06 Cat B S$109,697
2024-12-04 Cat B S$109,879
2025-01-08 Cat B S$109,164
2025-02-05 Cat B S$110,536
2025-03-05 Cat B S$111,806
2025-04-09 Cat B S$114,786
2025-05-07 Cat B S$114,249
2025-06-04 Cat B S$116,945
2025-07-09 Cat B S$116,908
2025-08-06 Cat B S$117,542
2025-09-03 Cat B S$119,378
2025-10-08 Cat B S$125,165
2025-11-05 Cat B S$130,863
2025-12-03 Cat B S$130,362
2026-01-07 Cat B S$126,130
2026-02-04 Cat B S$120,771
2026-03-04 Cat B S$115,938
2026-04-08 Cat B S$114,366
2026-05-06 Cat B S$114,577
2026-06-04 Cat B S$121,218
2026-07-08 Cat B S$124,705
2026-08-05 Cat B S$127,835
2026-09-09 Cat B S$128,697
2024-10-09 Cat C S$72,017
2024-11-06 Cat C S$73,242
2024-12-04 Cat C S$72,215
2025-01-08 Cat C S$70,911
2025-02-05 Cat C S$68,481
2025-03-05 Cat C S$66,874
2025-04-09 Cat C S$66,359
2025-05-07 Cat C S$66,428
2025-06-04 Cat C S$66,109
2025-07-09 Cat C S$64,427
2025-08-06 Cat C S$64,678
2025-09-03 Cat C S$67,413
2025-10-08 Cat C S$70,256
2025-11-05 Cat C S$72,892
2025-12-03 Cat C S$74,591
2026-01-07 Cat C S$76,166
2026-02-04 Cat C S$76,100
2026-03-04 Cat C S$75,668
2026-04-08 Cat C S$75,751
2026-05-06 Cat C S$77,884
2026-06-04 Cat C S$82,867
2026-07-08 Cat C S$88,368
2026-08-05 Cat C S$92,599
2026-09-09 Cat C S$92,906
2024-10-09 Cat D S$9,434
2024-11-06 Cat D S$9,700
2024-12-04 Cat D S$9,508
2025-01-08 Cat D S$8,935
2025-02-05 Cat D S$8,457
2025-03-05 Cat D S$8,344
2025-04-09 Cat D S$8,752
2025-05-07 Cat D S$9,165
2025-06-04 Cat D S$9,221
2025-07-09 Cat D S$9,036
2025-08-06 Cat D S$8,986
2025-09-03 Cat D S$9,083
2025-10-08 Cat D S$9,201
2025-11-05 Cat D S$9,251
2025-12-03 Cat D S$9,140
2026-01-07 Cat D S$8,816
2026-02-04 Cat D S$8,541
2026-03-04 Cat D S$8,366
2026-04-08 Cat D S$8,670
2026-05-06 Cat D S$8,960
2026-06-04 Cat D S$9,437
2026-07-08 Cat D S$9,737
2026-08-05 Cat D S$9,922
2026-09-09 Cat D S$10,366

Understanding the Prevailing Quota Premium

The PQP is the renewal premium published for a calendar month. Compare the applicable category and month; a new bidding premium and a renewal payment are different transactions.

Renewal also involves maintenance, insurance, road tax and any PARF entitlement you give up. Early renewal forfeits the unused part of the previous COE. Check LTA renewal terms and use the Renew vs Scrap calculator with actual costs.

The spread table is a price comparison, not a recommendation or forecast. An older vehicle and a replacement can have different running costs and residual values.

Frequently Asked Questions

How is the Prevailing Quota Premium calculated?
PQP uses the three preceding months with bidding exercises; months without bidding are excluded. It applies to a calendar month. The displayed site calculations are estimates, and LTA publishes the applicable renewal payment.
What does a renewal cost?
A ten-year renewal uses the full applicable PQP; a five-year renewal uses half. Eligibility, subsequent renewal rights and statutory vehicle lifespans vary by category.
What is the PQP vs QP spread?
It is the selected bidding premium minus the renewal PQP. It may be positive or negative. A comparison of these two amounts alone does not establish whether replacing or renewing your vehicle costs less overall.
Can I renew before my COE expires?
Yes. Early renewal is allowed, but unused validity of the previous COE is forfeited. The start date and applicable PQP depend on when you renew. Check the official renewal terms before paying.

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