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Certificate Of Entitlement (COE) Rebate
  • If a vehicle is de-registered before expiry of its COE, the registered owner may be granted a rebate based on the Quota Premium (QP), or Prevailing Quota Premium (PQP) (in the case of a vehicle with a COE that has been renewed), which he has paid, pro-rated to the number of months and days remaining on his vehicle's COE.

To illustrate, assume:

Quota Premium/Prevailing Quota Premium of COE paid (i.e. after any upfront rebate, if any) = $16,897
COE expiry date = 5 June 2015
Vehicle de-registered on 2 January 2013.

Unused period of the COE is calculated as follows:

From 3/1/2013 to 2/6/2015 = 29 months (i.e. 2 years and 5 months)
From 3/6/2015 to 5/6/2015 = 3 days or 0.1 month (i.e. 3 days divide by 30 days)

Hence, total unused period of COE = 29.1 months. The COE rebate is thus calculated as follows:
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Vehicles registered using Open Category (Cat E) COE
  • For vehicles registered using "Open" Category COEs, the rebate will be based on the QP of either the "Open" Category, or its corresponding category, from the same tender exercise, whichever is lower.

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  • For vehicles registered using "Open" Category COEs and whose COEs have been renewed, the rebate will be based on the PQP paid, pro-rated to the number of months and days remaining on the vehicle's COE (as illustrated in the first example above).

Vehicles de-registered within 2 years of their registration for the purpose of export
  • For vehicles de-registered within 2 years of their registration for the purpose of export, the rebate will be capped at 80% of the QP paid on registration. For vehicles registered using "Open" Category (Cat E) COE, the rebate will also be capped at 80% of the QP of either the "Open" Category QP or its corresponding category, from the same tender exercise, whichever is lower.
  • To check your vehicle rebates, click here.

Preferential Additional Registration Fee (PARF)

  • The PARF rebate is computed based on the age of the car at de-registration . The age of the car is computed from the date of its registration in Singapore or its original registration in a foreign country, whichever is earlier. Imported used car registered in Singapore before 1 September 2007 is not eligible for PARF rebate.
  • Breakdown of the PARF benefit for PARF-eligible cars is indicated in the table below:

Age at Deregistration (year) PARF Rebate
(for cars registered with COEs obtained from May 2002 tender onwards)

Not exceeding 5 75% of ARF paid
Above 5 but not exceeding 6 70% of ARF paid
Above 6 but not exceeding 7 65% of ARF paid
Above 7 but not exceeding 8 60% of ARF paid
Above 8 but not exceeding 9 55% of ARF paid
Above 9 but not exceeding 10 50% of ARF paid
Above 10 Nil

  • Please click here for information on the Additional Registration Fee (ARF) payable for cars.
  • For imported used cars (only those registered in Singapore on or after 1 September 2007 will be eligible for PARF rebate), the $10,000 used car surcharge will not be taken into consideration in the computation of PARF rebate.
  • If your car has been a weekend car or an off-peak car (OPC) since its registration, the PARF rebate is as stated above or based on what the owner had actually paid as Additional Registration Fee (ARF) at the time of its registration, whichever is lower.
  • If your car is a converted off-peak car (OPC), additional PARF rebate may be given as follows:

Lifespan as converted OPC (in months and days) X $2,200/12

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Validity of the PARF/COE Rebate

  • All PARF/COE rebate(s) are valid for 12 months from the date of de-registration of a car (PARF rebate) or vehicle (COE rebate). For example, if your car was de-registered on 1 June 2007, your PARF/COE rebate(s) will be valid till 31 May 2008

How to Use PARF/COE Rebate(s)
Offset Various Upfront Vehicle Taxes and Fees

  • You may use the PARF/COE rebate to offset the various upfront vehicle taxes and fees when you register a car, namely, the Additional Registration Fee (ARF), the COE Quota Premium (QP), the Registration Fee (RF), and the $10,000 used car surcharge (if applicable). Any excess amount that is not used will be forfeited. You may also use a COE rebate under your name to offset the Prevailing Quota Premium (PQP) when you renew your existing vehicle's COE.
  • You can combine multiple PARF/COE rebates and use them when registering a new car or an imported used car (from 1 September 2007). Please notify your car dealer before the car is registered with LTA.

Split/Division of PARF/COE Rebate(s)

  • You can apply to LTA to divide the value of your PARF/COE rebate into smaller values. A fee of $10 (subjected to GST) is payable for each new PARF/COE rebate generated.

Please click here for the step-by-step guide on how to divide PARF/COE rebate(s).

Transfer of PARF/COE Rebate(s)

  • You can transfer the PARF/COE rebate to another person if you do not intend to use it. A fee of $10 is payable for every transfer.
Please click here for the step-by-step guide on how to transfer PARF/COE rebate(s).

Encashment of PARF/COE Rebate(s)

  • Effective from 1 September 2008, you may encash your un-used and valid PARF/COE rebate(s) if you do not intend to use the rebates to offset either the upfront taxes payable at registration of a vehicle or the Prevailing Quota Premium (PQP) (for COE rebates only) to renew the COE of your existing vehicle. This is to make it easier for car owners to give up their cars and switch to public transport. This ties in with the overall effort to make public transport a choice mode for all commuters, including current car owners.

Please click here for the step-by-step guide on how to encash PARF/COE rebate(s).

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