What is your car worth at deregistration in Singapore?

The official PARF rebate schedule (by registration cohort)

The PARF (Preferential Additional Registration Fee) rebate is a percentage of the ARF you paid, decreasing with the car's age. A Feb 2026 revision cut the percentages by 45 points and halved the cap — but only for newly registered cars, so the schedule that applies to you depends on when your car was registered.

¹ Cars registered with COEs from the 2nd Feb-2023 bidding to before the 2nd Feb-2026 bidding keep 75%→50% with a S$60,000 cap; cars registered even earlier (before Feb 2023) use the same percentages with no cap. ² Cars registered with COEs from the 2nd COE bidding exercise in February 2026 onwards (COE-exempt cars: registered on or after 13 Feb 2026) — the revised 30%→5% schedule capped at S$30,000. Source: LTA, “Revision of PARF Rebate Schedule and Cap”, 12 Feb 2026, and OneMotoring PARF & COE Rebate. Verified July 1, 2026.

PARF rebate by model — a car registered in 2026

Applying the verified Feb-2026 schedule (30%→5%, capped S$30,000) to every model we track, computed from each car's OMV through the official ARF tiers. The 5-year figure is what you would recover if you deregistered a 2026-registered car at 5 years; the 10-year figure at 10 years. The COE rebate below is on top of these.

^‡ ARF paid is the base your PARF rebate is a percentage of: the gross ARF minus any VES / EEAI rebate, with a VES surcharge excluded (per LTA). Electric cars pay far less ARF — the VES Band A rebate (S$22,500) plus the EEAI (up to S$7,500) — so they recover a smaller PARF rebate than a comparable petrol car. ^† Rebate hits the S$30,000 cap. The COE rebate is additional and depends on when you deregister (see below).

The COE rebate — usually the bigger half

The PARF rebate is only part of your deregistration value. For most cars the larger piece is the COE rebate: the unused portion of your 10-year COE, refunded when you deregister.

Formula (LTA): COE rebate = the Quota Premium (or PQP) of your 10-year COE × (unused months ÷ 120). So at exactly 5 years you recover about half your COE quota premium; at 10 years, nothing. Because COE is auction-set biweekly and often exceeds S$100,000, this rebate usually dwarfs the PARF rebate — but it falls to zero linearly as the COE runs out.

Worked example — Tesla Model 3 RWD (registered 2026, deregistered at 5 years). Its ARF paid is about S$20,001, so its PARF rebate is 30% of that = about S$6,000 (under the S$30,000 cap). On top, the COE rebate returns the unused half of its 10-year Cat A COE — about S$62,395 at the S$124,790 COE we assume — for roughly S$68,395 back, before the car's own resale or export value. Both rebates shrink every year you keep it.

COE is auction-set biweekly and swings thousands of dollars, so the COE-rebate figure moves with the premium your car actually carried. Source: LTA OneMotoring, PARF & COE Rebate. Verified July 1, 2026.