EV EEAI Rebate, PARF, COE Refund and VES Scheme Singapore 2026
Three LTA rebate schemes that put real money back in your pocket when you buy an EV, scrap your car early, or deregister before your COE expires. The EEAI Rebate gives up to S$7,500 off the Additional Registration Fee for fully electric vehicles registered by 31 December 2027. The PARF Rebate refunds 50-75% of your ARF if you deregister your vehicle before 10 years. And the COE Rebate returns the unused portion of your Certificate of Entitlement on a pro-rated monthly basis. Together, these three rebates can return S$30,000 to S$70,000 to vehicle owners who understand the deregistration math — and they are the key numbers every car buyer should calculate before deciding to renew, scrap, or switch to electric.
Understanding the EV Early Adoption Incentive (EEAI) Rebate in Singapore 2026 — How Fully Electric Vehicle Buyers Get Up to S$7,500 Off the LTA Additional Registration Fee When Registering a New Battery Electric Car
The EV Early Adoption Incentive is a government scheme to accelerate electric vehicle adoption in Singapore. Under the EEAI, buyers of fully electric cars (battery electric vehicles or BEVs) receive a registration rebate of up to S$7,500, capped at 45% of the Additional Registration Fee payable. The rebate is applied automatically at the point of vehicle registration — no separate application is required.
The EEAI cap of 45% of ARF means: for a vehicle with S$25,000 in ARF, the maximum rebate is S$11,250 (45% of S$25,000) — but since the absolute cap is S$7,500, the rebate is S$7,500. For a vehicle with S$15,000 in ARF, the 45% cap is S$6,750 — so the rebate is S$6,750 (below the S$7,500 absolute cap). The lower of the two caps applies. In practice, most EVs in Singapore have ARF well above S$16,667 (the point where 45% equals S$7,500), so most buyers receive the full S$7,500 rebate.
The EEAI applies to BEVs only — not plug-in hybrids (PHEVs) or conventional hybrids. The vehicle must be a new registration (not a used import or COE renewal). The scheme was introduced in January 2022 and has been extended through 31 December 2027. Combined with the Vehicle Emissions Scheme (VES) rebate for Band A1 vehicles, the total registration discount for a clean EV can reach S$32,500 (S$7,500 EEAI + S$25,000 VES A1 rebate).
The EEAI Rebate Calculator takes the vehicle OMV and type (BEV/PHEV/ICE). It computes: the ARF payable, the 45% of ARF cap, the S$7,500 absolute cap, the applicable EEAI rebate (lower of the two), the net ARF after rebate, and the combined savings when stacked with VES rebates.
Stacking EEAI With VES — How a Clean EV Can Save Over S$30,000 on Registration
The Vehicle Emissions Scheme categorises vehicles from Band A1 (cleanest) to Band C2 (dirtiest). Fully electric vehicles automatically qualify for Band A1, which carries a S$25,000 ARF rebate. When stacked with the S$7,500 EEAI, the total rebate is S$32,500. For a Tesla Model 3 with approximately S$28,000 in ARF: the EEAI reduces ARF by S$7,500, and VES A1 reduces it by a further S$25,000. Net ARF payable: close to zero (or S$0 if the rebates exceed the ARF). The VES Rebate Calculator shows the exact band and rebate for any vehicle.
Understanding the PARF Rebate in Singapore 2026 — How Much Additional Registration Fee You Get Back From LTA When You Deregister Your Vehicle Before 10 Years
The Preferential Additional Registration Fee rebate is a partial refund of the ARF you paid when you first registered your vehicle. The rebate percentage depends on the age of the vehicle at deregistration: 75% of ARF if deregistered within 5 years, 70% within 6 years, 65% within 7 years, 60% within 8 years, 55% within 9 years, and 50% within 10 years. After 10 years, the PARF rebate drops to zero.
The PARF rebate is a major financial consideration at the 10-year COE renewal decision point. If your ARF was S$25,000, the PARF rebate at year 5 is S$18,750 and at year 10 is S$12,500. After year 10, you forfeit the entire remaining PARF value. This creates a strong financial incentive to deregister before 10 years rather than renew the COE — especially for vehicles with high ARF (luxury cars with high OMV).
The rebate is paid by LTA upon deregistration. It can be used as a credit toward the registration of a new vehicle, or received as a cash cheque. If you are scrapping the car (sending it to a scrapyard), the PARF rebate is part of the total “scrap value” you receive — along with the COE rebate and the scrapyard metal value. If you are exporting the car, the PARF rebate is also payable.
The PARF Rebate Calculator takes the original ARF paid and the vehicle age at deregistration. It computes: the PARF rebate percentage, the PARF rebate in dollars, the remaining scrap value (PARF + COE rebate), and a year-by-year depreciation table showing how the PARF value declines from registration to year 10.
The “Year 9 vs Year 10” Decision — Why Deregistering One Year Early Can Be Worth Thousands
At year 9, the PARF rebate is 55% of ARF. At year 10, it drops to 50%. But if you renew the COE at year 10 for another 5 or 10 years, the PARF rebate falls to zero permanently — you never get any ARF back. For a car with S$60,000 ARF, the difference between deregistering at year 9 (PARF S$33,000) versus renewing at year 10 (PARF S$0) is a S$33,000 loss. This is why many financially savvy owners deregister at year 9-10 and buy a new car rather than renewing the COE on an old vehicle.
Understanding the COE Rebate in Singapore 2026 — How LTA Refunds the Unused Portion of Your Certificate of Entitlement on a Pro-Rated Monthly Basis When You Deregister Early
When you deregister a vehicle before the COE expires, LTA refunds the unused portion of the COE premium on a pro-rated monthly basis. The calculation is straightforward: (remaining months of COE ÷ total months of COE) × original COE premium paid. For a 10-year COE (120 months), each unused month refunds 1/120th of the original premium.
For example: you paid S$95,000 for a Cat A COE in January 2020. You deregister the car in January 2026 (6 years used, 4 years = 48 months remaining). COE rebate = (48 ÷ 120) × S$95,000 = S$38,000. Combined with the PARF rebate (60% of ARF at year 6 = S$15,000 on a S$25,000 ARF), total rebate = S$53,000. This is real money that significantly reduces the net cost of ownership.
For renewed COEs (5-year or 10-year renewals at the Prevailing Quota Premium), the same pro-rata calculation applies. If you renewed for 10 years at a PQP of S$50,000 and deregister after 3 years, the rebate is (84 ÷ 120) × S$50,000 = S$35,000. Note that renewed COE vehicles do not have a PARF rebate — only the COE rebate applies.
The COE Rebate Calculator takes the original COE paid (or renewal PQP), COE start date, and planned deregistration date. It computes: months used, months remaining, the pro-rated COE rebate, and the total deregistration value (COE rebate + PARF rebate + estimated scrap metal value).
How These 3 LTA Vehicle Rebate Calculators Work — EEAI Registration Discount, PARF Depreciation Table and COE Pro-Rata Refund for Singapore 2026
The EEAI Calculator takes the vehicle OMV, vehicle type (BEV/PHEV/ICE), and VES band. It computes: total ARF (using the sliding scale), EEAI rebate (lower of 45% of ARF or S$7,500), VES rebate or surcharge, net ARF after all rebates, and the total registration cost savings versus an equivalent petrol vehicle.
The PARF Rebate Calculator takes the original ARF paid and vehicle age (years and months). It computes: the applicable PARF percentage (75% to 50%), the PARF rebate in dollars, a year-by-year depreciation schedule, and the “cliff” showing the total PARF value lost if the owner chooses to renew the COE instead of deregistering.
The COE Rebate Calculator takes the original COE premium, COE category, registration date, and deregistration date. It computes: total COE period in months, months used, months remaining, the pro-rated refund amount, and the combined deregistration value (COE rebate + PARF rebate).
3 Real Singapore Vehicle Rebate Examples — Tesla EEAI Savings, 8-Year-Old Toyota PARF Rebate and Early COE Deregistration Refund
Example 1: Tesla Model Y EEAI + VES Rebate — S$32,500 Off Registration
A new Tesla Model Y (BEV, 220kW), OMV S$52,000. VES Band A1 (zero emissions). Category B COE: S$108,000.
The Tesla buyer saves S$32,500 in registration costs through EEAI plus VES. The net ARF drops from S$66,400 to S$33,900 — a 49% reduction. Combined with zero fuel costs (approximately S$3,000/year saved versus petrol) and lower road tax (20% EV rebate), the total 10-year savings of an EV versus an equivalent petrol SUV can exceed S$65,000. Use the EEAI Calculator with your target EV OMV.
Example 2: 8-Year-Old Toyota Corolla — PARF Rebate of S$15,360 on Deregistration
Mr Tan registered a Toyota Corolla in 2018 with OMV S$22,000. Original ARF: S$22,800. He is considering deregistering in 2026 (8 years old) versus renewing the COE in 2028 (10 years).
If Mr Tan deregisters at year 8, he receives S$29,360 (PARF + COE rebate). If he waits until year 10 and renews the COE for 5 more years, his PARF drops to zero — losing S$12,800 permanently. The decision depends on whether the renewed COE (approximately S$50,000 for 5 years at current PQP) plus S$0 PARF is better than buying a new car with a fresh S$95,000 COE and new PARF eligibility. Use the PARF Calculator and OMV vs Paper Value Tool to model both scenarios.
Example 3: Early COE Deregistration — S$38,000 Rebate on a 6-Year-Old Car
Mrs Lim registered a Honda Civic in January 2020 with a Category A COE of S$95,000 (120-month period). She deregisters in January 2026 (72 months used, 48 months remaining).
Mrs Lim gets S$52,800 back by deregistering at year 6 — S$38,000 from unused COE and S$14,000 from PARF. If she applies this toward a new car, the effective cost of her next vehicle drops by S$52,800. This is why many Singaporeans trade in every 6-7 years rather than keeping a car for the full 10-year COE period — the rebate values are substantial enough to offset a significant portion of the new car cost. Use the COE Rebate Calculator with your registration date.
3 Expert Tips for EEAI, PARF and COE Rebate Planning in Singapore
Register Your EV Before 31 December 2027 — The EEAI Scheme Has a Hard Expiry Date
The EEAI rebate of up to S$7,500 applies only to fully electric vehicles registered by 31 December 2027. There is no guarantee the scheme will be extended beyond this date. If you are considering an EV, register before the deadline to lock in the S$7,500 savings. Combined with VES Band A1 (S$25,000), the total S$32,500 rebate makes 2026-2027 the cheapest window to buy an EV in Singapore history. Use the EEAI Calculator to see your specific savings.
Never Renew a COE on a High-ARF Luxury Car — The PARF Forfeiture Is Too Expensive
When you renew a COE, the PARF rebate drops permanently to zero. For a mass-market car with S$20,000 ARF, the forfeited PARF at year 10 is S$10,000 (50%). For a luxury car with S$150,000 ARF, the forfeited PARF is S$75,000. Renewing a luxury car COE effectively costs you S$75,000 in lost PARF on top of the renewal premium. The math almost always favours scrapping and buying new for high-ARF vehicles. Only low-ARF cars (OMV under S$20,000) make financial sense to renew.
Time Your Deregistration to the Start of the Month — COE Rebate Is Calculated in Full Months
The COE rebate is pro-rated by full months remaining, not days. If you deregister on 2 March, you forfeit the entire month of March — the rebate starts from April. If you deregister on 28 February instead, you gain one extra month of COE rebate. On a S$95,000 COE, each month is worth S$792. Timing your deregistration to the last day of a month (rather than the first day of the next month) saves S$792 with zero effort. Always deregister at month-end.
16 Frequently Asked Questions About EEAI, PARF and COE Rebate in Singapore
What is the EEAI and how much can I save?
The EV Early Adoption Incentive provides up to S$7,500 off the Additional Registration Fee for fully electric vehicles. The rebate is capped at 45% of the ARF payable, whichever is lower. Most EVs with OMV above S$17,000 receive the full S$7,500 rebate. The scheme runs until 31 December 2027.
Do plug-in hybrids qualify for the EEAI?
No. The EEAI applies only to fully electric vehicles (battery electric vehicles). Plug-in hybrids (PHEVs) and conventional hybrids do not qualify. PHEVs may still qualify for VES rebates based on their emission band, but not the EEAI specifically.
Can I stack EEAI with VES rebates?
Yes. The EEAI and VES are separate schemes and both can be applied to the same vehicle registration. A Band A1 electric vehicle receives up to S$7,500 EEAI plus up to S$25,000 VES rebate, for a combined maximum of S$32,500 off the ARF.
What is the PARF rebate?
The PARF rebate is a partial refund of the ARF when a vehicle is deregistered before 10 years. The refund ranges from 75% of ARF if deregistered within 5 years to 50% at 10 years. After 10 years or upon COE renewal, the PARF rebate drops to zero permanently.
What happens to the PARF if I renew my COE?
When you renew your COE at the 10-year mark, the PARF rebate is forfeited permanently. You receive zero ARF refund. This is a significant financial loss for vehicles with high ARF and is the primary reason many owners deregister rather than renew, especially for luxury cars with ARF above S$50,000.
How is the COE rebate calculated?
The COE rebate is the original COE premium multiplied by the fraction of unused months remaining. Formula: (remaining months / total months) times original COE paid. For a 10-year COE (120 months), each unused month refunds 1/120th of the original premium. The rebate is paid upon deregistration.
Is the COE rebate in cash or credit?
The COE rebate can be received as a cash cheque or used as a credit toward the registration of a new vehicle. Most buyers apply it as a trade-in credit when purchasing their next car. The same applies to the PARF rebate.
Can I deregister my car and keep the COE?
No. The COE is tied to the vehicle. When you deregister the vehicle, the COE is surrendered and the rebate is calculated on the unused portion. You cannot transfer a COE from one vehicle to another or hold a COE without a registered vehicle.
What is the scrap value of a car in Singapore?
The scrap value is the total amount received upon deregistration: PARF rebate plus COE rebate plus the scrap metal value (typically S$500-S$1,000 from the scrapyard). For a 6-year-old car with S$95,000 COE and S$25,000 ARF, the total scrap value is approximately S$50,000-S$55,000.
Is the EEAI automatic or do I need to apply?
The EEAI rebate is applied automatically when the fully electric vehicle is registered with LTA. No separate application is required. The rebate is deducted from the ARF payable at the point of registration, reducing the upfront cost immediately.
What is the difference between PARF and COE rebate?
The PARF rebate is a refund of a portion of the Additional Registration Fee (ARF) and decreases from 75% to 50% over 10 years. The COE rebate is a pro-rated refund of the Certificate of Entitlement premium based on unused months. Both are paid upon deregistration and together form the vehicle scrap value.
When is the best time to deregister a car for maximum rebate?
For maximum combined rebate, deregister as early as possible while the PARF percentage is high and COE remaining months are highest. However, this means you had less time to use the car. The sweet spot for most owners is year 6-8, where the total rebate is still substantial but the car has provided good utility. Always deregister at month-end to maximise the COE monthly calculation.
Does the EEAI apply to used EV imports?
The EEAI applies to new registrations of fully electric vehicles in Singapore, which can include used EV imports (parallel imports) as long as the vehicle has not been previously registered in Singapore. The rebate is applied at the first registration in Singapore, regardless of whether the vehicle is brand new or a used import.
How long does it take to receive the PARF and COE rebate?
The rebate is typically processed within 2-4 weeks after LTA confirms the deregistration. If applied as credit toward a new vehicle, the credit is available immediately at the point of new registration. Cash cheque payments may take slightly longer to be mailed to the registered owner.
Can I negotiate the PARF or COE rebate?
No. The PARF and COE rebate amounts are fixed by LTA formulas and cannot be negotiated. The PARF is a fixed percentage of original ARF based on vehicle age, and the COE rebate is a fixed pro-rata of the original premium based on remaining months. These are government-administered refunds, not negotiable values.
What happens if my car is stolen or destroyed — do I still get the rebates?
Yes. If your vehicle is written off due to accident, theft, or natural disaster, you can apply for deregistration and receive the PARF and COE rebates based on the date of deregistration. Insurance proceeds are separate from LTA rebates. You receive both the insurance payout and the government rebates.
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Legal Disclaimer and Editorial Transparency
EV Early Adoption Incentive rebate of up to S$7,500 capped at 45% of ARF per Land Transport Authority (LTA), valid until 31 December 2027. PARF rebate schedule (75% to 50% over 10 years) per LTA deregistration framework. COE rebate pro-rata calculation per LTA regulations. Vehicle Emissions Scheme rebates and surcharges per LTA and National Environment Agency (NEA). ARF sliding scale per LTA. COE premium data per LTA bidding results. Scrap metal values are approximate and vary by scrapyard. Rebate processing times are estimates based on typical LTA timelines. This guide is for informational and educational purposes only. It does not constitute financial or automotive advice. Consult LTA or an authorised motor dealer for your specific vehicle. Published by MAFHH INTERNATIONAL LTD. Editorially independent. We do not collect any data you enter into our calculators.
