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5 days ago · Note: The PARF/COE Rebate amount(s) will vary according to the age of the vehicle at the intended date of deregistration.
Understanding PARF & COE rebates. PARF rebate is only for cars and taxis that are deregistered as follows: Cars, not more than 10 years old; Non-electric taxis, not more than 8 years old; Electric taxis registered before 15 September 2022 and did not opt in for a 10-year statutory lifespan, not more than 8 years old; and.
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Feb 26, 2013 · The deregistration value of your car is the sum of your Certificate of Entitlement (COE) rebate and the Preferential Additional Registration Fee (PARF) rebate. However, to calculate your PARF, you'll first need to know your vehicle's Open Market Value (OMV).
Feb 14, 2023 · As announced by Deputy Prime Minister and Minister for Finance Lawrence Wong in the Budget 2023 Statement, there will be a revised Additional Registration Fee (ARF) structure for cars, taxis, and goods-cum-passenger vehicles.
If you enjoyed an emissions rebate for the car or taxi you are deregistering, your Preferential Additional Registration Fee (PARF) rebate will be calculated based on the net ARF that you paid after taking into account the emission rebates.
Nov 27, 2018 · If you want something less vintage that’ll let you collect your COE and PARF rebates after de-registration, get a PARF car. But this is only a surface-level difference. The main difference between a PARF car and a COE car is that the amount you can get back when you de-register the car is different.
