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3 days ago · Note: The PARF/COE Rebate amount(s) will vary according to the age of the vehicle at the intended date of deregistration.
Your PARF/COE rebates can be used to offset the Registration Fee (RF), Additional Registration Fee (ARF), the Quota Premium (QP), Used Car Surcharge and CEVS Surcharge that you have to pay when you register a new car.
A Certificate of Entitlement (COE) gives you the right to own and use a vehicle in Singapore. At a glance. Understanding COE. All vehicles in Singapore require a COE. To register a vehicle, you must first place a bid for a Certificate of Entitlement (COE) in the corresponding vehicle category.
Nov 27, 2018 · 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. A PARF car hasn’t been de-registered before its 10-year depreciation period has ended.
Feb 14, 2023 · A complete guide to OMV and ARF for vehicles in Singapore, and how to calculate PARF & COE rebates to find your car's deregistration value (aka paper value)
Dec 28, 2023 · PARF cars refer to those within their first 10 years of COE and give both PARF and COE rebates if they're taken off the road early. COE cars are over 10 years old, have their COE renewed, and give only COE rebates if deregistered early.
To calculate your total deregistration value, you will need to calculate your Open Market Value (OMV) and Preferential Additional Registration Fee (PARF). Your deregistration value is the sum of your COE rebate and PARF rebate.
