PQP Tracker
The Prevailing Quota Premium (PQP) is the moving average of COE prices over the last three months. It determines the cost to renew a COE for another 5 or 10 years without going through the bidding process. Use this tracker to monitor PQP trends and compare them against current Quota Premiums.
Data sourced from LTA · Updated after each bidding round
Current PQP by Category
Prevailing Quota Premium
Prevailing Quota Premium
Prevailing Quota Premium
Prevailing Quota Premium
Prevailing Quota Premium
PQP vs Quota Premium Spread
The spread shows how much the current bidding price (QP) exceeds the renewal price (PQP). A positive spread means bidding costs more than renewing.
| Category | Quota Premium | PQP | Spread | Spread % |
|---|---|---|---|---|
| Cat A | S$118,000 | S$108,920 | +S$9,080 | +8.3% |
| Cat B | S$121,000 | S$115,314 | +S$5,686 | +4.9% |
| Cat C | S$80,001 | S$76,358 | +S$3,643 | +4.8% |
| Cat D | S$10,000 | S$8,860 | +S$1,140 | +12.9% |
| Cat E | S$121,001 | S$117,970 | +S$3,031 | +2.6% |
Historical PQP Trends
PQP movements over the last 24 months across all categories.
View data as table
| Category | PQP | Quota Premium | Spread | Spread % |
|---|---|---|---|---|
| Cat A | S$108,920 | S$118,000 | +S$9,080 | 8.3% |
| Cat B | S$115,314 | S$121,000 | +S$5,686 | 4.9% |
| Cat C | S$76,358 | S$80,001 | +S$3,643 | 4.8% |
| Cat D | S$8,860 | S$10,000 | +S$1,140 | 12.9% |
| Cat E | S$117,970 | S$121,001 | +S$3,031 | 2.6% |
Understanding the Prevailing Quota Premium
The Prevailing Quota Premium (PQP) is the price you pay to renew a COE without going through the competitive bidding process. It is calculated as the moving average of Quota Premiums over the most recent three months, providing a smoother benchmark than the volatile per-round results.
For car owners approaching their 10-year COE expiry, the PQP is the single most important number to watch. Renewing at a favourable PQP can save you tens of thousands of dollars compared to buying a new car — but you also forfeit the PARF rebate and commit to an ageing vehicle. The Renew vs Scrap calculator helps you weigh both options.
The PQP vs QP spread table above shows whether the current market favours renewal or new purchase. When the spread is wide, renewal looks relatively attractive. For the full picture of where prices are heading, check the price trends and supply forecast.