When you deregister your vehicle, you may enjoy the following rebates— Preferential Additional Registration Fee (PARF) Rebates and Certificate of Entitlement (COE) rebates.

Understanding PARF & COE rebates

PARF rebates are only for cars not more than 10 years old and taxis not more than 8 years old.

The newer your car or taxi is when you deregister, the more PARF rebate you will enjoy.

To enjoy the PARF rebate, your car or taxi must meet the eligibility criteria.

COE rebates are for all vehicles with COEs.

The longer the duration remaining in your COE when you deregister, the more COE rebate you will enjoy.

You have 12 months from the deregistration date to redeem your PARF and COE rebates.

You may be entitled to rebates when you deregister your vehicle, depending on the type and age of your vehicle, and the remaining balance of your COE.

PARF rebate


The PARF rebate is only for cars not more than 10 years old and taxis not more than 8 years old. It is calculated based on the age of your car and taxi when you deregister, and the amount of Additional Registration Fee (ARF) you paid. You can tell your car or taxi’s age by looking at the date it was registered locally or overseas, whichever is earlier. 

Age at deregistration

PARF rebate 

Not more than 5 years

75% of ARF paid

Above 5 but not more than 6 years

70% of ARF paid

Above 6 but not more than 7 years

65% of ARF paid

Above 7 but not more than 8 years

60% of ARF paid

Above 8 but not more than 9 years

55% of ARF paid

Above 9 but not more than 10 years

50% of ARF paid

More than 10 years

Nil

Vehicles with tax incentives

For vehicles with tax incentives such as the Green Vehicle rebate, Off-Peak Car (OPC) rebate or Carbon Emission-based Vehicle Scheme (CEVS)/Vehicle Emission Scheme (VES) rebate, the PARF rebate will be calculated based on the net ARF you paid for the vehicle.

Eligibility for PARF rebate

Your car or taxi must meet the following criteria to enjoy the PARF rebate:

For Private / Off-Peak / Company / Private Hire Cars

  • Must be a new car at the time of registration in Singapore, or an imported used car registered in Singapore on or after 1 September 2007
  • Must not be more than 10 years old at the time of deregistration
  • Must not have been laid up before

For Taxis

  • Must have been a new taxi at the time of registration
  • Must not be more than 8 years old at the time of deregistration
  • Must not have been laid up before

Source : One Motoring