Singapore PARF Rebate Calculator 2026 — LTA Preferential ARF 80%/70%/60% by Vehicle Age, Pro-Rated COE Rebate, Total Scrap Value & Deregistration Decision Helper: Best Year to Deregister

PARF (Preferential Additional Registration Fee) is a rebate paid by LTA when a Singapore vehicle is deregistered within its first 10 years of registration. It is calculated as a percentage of the ARF originally paid at registration: 80% of ARF if deregistered at 8 years or under; 70% of ARF between 8 and 9 years; 60% of ARF between 9 and 10 years; 0% after 10 years. Example: ARF paid S$48,000 at registration, deregistered at 7 years → PARF = 80% × S$48,000 = S$38,400. PARF is paid directly by LTA to the registered owner when the car is scrapped or exported under the Vehicle Processing Industry Scheme (VPIS).

When a car with a valid COE is deregistered before the COE expires, the owner receives a pro-rated COE rebate based on the remaining months of COE validity. Formula: COE Rebate = (Months remaining / 120) × Original COE premium paid. Example: COE premium paid S$95,000, deregistered with 36 months remaining → COE rebate = (36/120) × S$95,000 = S$28,500. The 120 represents the total months in a 10-year COE. The COE rebate and PARF rebate are paid together as the “scrap value” upon deregistration. If the COE has already expired, there is no COE rebate (only PARF applies, if within 10 years).

Total scrap value = PARF rebate + Pro-rated COE rebate. Both are paid by LTA when you deregister the vehicle. Example: Car deregistered at 7 years with ARF S$48,000 and COE S$95,000, 36 months remaining: PARF = 80% × S$48,000 = S$38,400. COE rebate = (36/120) × S$95,000 = S$28,500. Total scrap value = S$66,900. This scrap value forms the floor for the car’s used car market price — sellers rarely accept less than scrap value, since the registered owner can always choose to deregister and receive the scrap value directly from LTA.

Renewing the COE permanently forfeits the PARF rebate. Once you pay the Prevailing Quota Premium (PQP) to renew the COE for another 5 or 10 years, you are no longer eligible for PARF — even if you deregister the car years later. The PARF entitlement is tied to deregistration within the first 10 years of initial registration. COE renewal extends the usage period but eliminates the PARF. After COE renewal, the only rebate you receive on eventual deregistration is the pro-rated COE rebate on the renewed period (at the PQP rate). This is why the “true cost of COE renewal” is PQP + PARF forfeited — both must be considered when deciding whether to renew or deregister.

Yes — the PARF rebate applies to electric vehicles exactly the same as petrol or diesel cars. The same rates apply: 80% (≤8 years), 70% (8–9 years), 60% (9–10 years). The ARF for PARF calculation is the ARF actually paid at registration. For EVs that received EEAI (S$7,500) and VES A1 (S$25,000) rebates at purchase, the PARF is calculated on the reduced ARF paid (after incentives), not the standard ARF. Example: Standard ARF S$71,000 reduced to S$38,500 by incentives → PARF at 80% = S$30,800 (not S$56,800). EV owners should factor this reduced PARF into their total cost of ownership analysis.

Both ARF and COE paid are stated on your LTA vehicle registration document (the certificate issued at the time of first registration). You can also find them through: LTA OneMotoring website — enter your vehicle registration number under “Enquire Vehicle”; if purchasing a used car, request these figures from the seller before purchase as part of the vehicle information; your dealer’s sales invoice at the time of purchase. The ARF and COE on your registration document are the figures to use for PARF calculation. Note: for EVs that received EEAI/VES rebates, confirm whether the ARF shown on the document is before or after rebates — use the net ARF (after rebates) for PARF calculation.

Yes — there is a significant PARF “cliff” at the 8-year mark. The PARF rate drops from 80% to 70% the moment the vehicle turns 8 years old. For a car with ARF of S$60,000, this represents S$6,000 in PARF (S$48,000 vs S$42,000). Deregistering one day before the 8th anniversary gives 80% PARF; deregistering one day after gives 70% PARF — a S$6,000 difference for absolutely no difference in vehicle condition. Singapore car owners who are planning to upgrade or downsize should track their car’s 8th registration anniversary carefully. If you’re within a few months of the 8-year mark and would otherwise keep the car another year, the S$6,000 PARF saving from early deregistration may tip the financial decision.

LTA pays the PARF rebate when the vehicle is deregistered through one of the approved methods: Scrap at an LTA-approved Vehicle Processing Facility (VPF); Export under the Vehicle Processing Industry Scheme (VPIS). For scrapping: the vehicle is physically destroyed at the VPF, and LTA processes the PARF + COE rebate payment within a few working days. For VPIS export: the car is exported to another country (often Malaysia), and LTA processes the rebate upon confirmation of export. Payment is typically made by cheque to the registered owner or bank transfer. PARF is NOT paid in the sale of a used car between private parties — only upon actual deregistration with LTA.

No — the PARF rate is based on the vehicle’s age from its first Singapore registration date, regardless of how many owners have had the car. If you buy a 5-year-old car, the PARF rate at deregistration is still based on the car’s age from original registration — not from when you bought it. The ARF for PARF calculation is the original ARF paid at first registration (not any subsequent sale price). The PARF belongs to whoever deregisters the car — the current registered owner at the time of deregistration. When buying a used car, the remaining PARF entitlement (and its value) should be factored into the negotiation: a 7-year-old car still in the 80% PARF band is worth more in residual value than one just past 8 years at 70%.

The PARF rebate is automatically included in the residual value of the car in the used car market — sellers and buyers implicitly trade this value in the transaction price. However, you cannot separately “transfer” the PARF rebate as a cash payment to the buyer. The PARF rebate only materialises as a cash payment from LTA when the registered owner deregisters the vehicle. When you sell a used car, the PARF entitlement transfers to the new owner — they will receive the PARF if they deregister within the first 10 years of the car’s original registration. This is why used car market prices in Singapore closely track the PARF + COE rebate floor value, especially as the 10-year deregistration deadline approaches.

PARF scales directly with ARF paid. High-OMV luxury cars pay high ARF (and receive high PARF on deregistration); low-OMV economy cars pay lower ARF and receive lower PARF. Examples at 80% PARF (≤8 years): Toyota Vios (OMV ~S$20k, ARF ~S$20,000) → PARF S$16,000. Toyota Corolla Cross (OMV ~S$35k, ARF ~S$41,000) → PARF S$32,800. BMW 330i (OMV ~S$60k, ARF ~S$80,000) → PARF S$64,000. Mercedes E-Class (OMV ~S$90k, ARF ~S$146,000) → PARF S$116,800. For very high-OMV luxury cars, the PARF can exceed the COE premium — making the total scrap value a very significant amount (sometimes S$150,000–S$200,000 for ultra-luxury cars).

Yes — motorcycles also have a PARF rebate system, using the same age-based percentages (80%/70%/60%) applied to the motorcycle’s ARF paid. However, motorcycle ARF is typically much lower than car ARF (motorcycle OMVs are lower), so PARF amounts are smaller in absolute terms. Motorcycle COE (Cat D) is also much cheaper than car COE — so the total motorcycle scrap value is correspondingly lower than a car. The same principle applies: deregister a motorcycle before 8 years to maximise PARF, and COE renewal permanently forfeits PARF. The deregistration process for motorcycles is handled through LTA-approved motorcycle dealers and scrapping facilities.

If you have an outstanding car loan when you deregister, the PARF + COE rebate proceeds are typically used to pay off the remaining loan balance first. The loan provider (bank or finance company) holds an interest in the vehicle as security. Upon deregistration, the loan provider releases the vehicle paperwork to LTA, and LTA pays the PARF + COE rebate. The rebate goes to settling the loan balance, and any surplus is paid to you. If the loan balance exceeds the scrap value (i.e., you’re underwater on the loan), you need to pay the difference out of pocket at deregistration. This is more common when the car has depreciated significantly and the scrap value is lower than the outstanding loan. Always calculate the net position (scrap value minus loan outstanding) before deciding to deregister.

PARF (Preferential Additional Registration Fee) rebate: based on the ARF paid × PARF percentage by age (80%/70%/60%). Applies to all cars deregistered within 10 years. Permanently forfeited if COE renewed. COE rebate: based on months remaining in the COE × original COE premium ÷ 120. Only applies if COE has time remaining at deregistration. Reduces to zero as COE expiry approaches. Together: PARF + COE rebate = total scrap value. The PARF is the larger component for cars with high ARF. The COE rebate is the larger component when a car is deregistered early in its COE life (many months remaining). For a car deregistered right at 10 years with no COE months remaining, only the PARF applies (but at 60% by then).

Not directly — the PARF + COE rebate is paid in cash by LTA to the registered owner at deregistration. It is then up to the owner to use those funds for whatever purpose they choose, including a down payment on the next car. Many Singapore car owners coordinate the timing of their old car’s deregistration with the COE award date for their new car — receiving the scrap value cheque from LTA at the same time they need to pay the COE and ARF for the new vehicle. Some dealers facilitate “contra” arrangements where the scrap value of the old car is used as part payment for the new car — but legally, the PARF rebate goes to the registered owner (you), not to the dealer.

Yes — exporting a Singapore car also qualifies for the PARF rebate (if within 10 years of first registration), through a process called VPIS (Vehicle Processing Industry Scheme) or direct export. The export must be properly processed through LTA — you cannot simply drive the car across the Causeway or ship it independently without LTA de-registration. Upon approved export, LTA pays the PARF + COE rebate to the registered owner, similar to scrapping. Many Singapore car owners export to Malaysia or other markets when the local used car value is lower than the scrap value — essentially treating the export as a way to monetize the PARF while also finding a buyer for the car. The VPIS operator manages the export logistics and assists with LTA documentation.