By MoneyBees
Work out the PARF and COE rebates you get back when you deregister your car. It uses LTA's three PARF schedules, including the lower Budget 2026 rates and S$30,000 cap for COEs from February 2026, and counts unused COE months the way LTA does.
On your vehicle log card or OneMotoring.
Set from your registration date. Change it if your COE bidding date falls in another period.
Use the net ARF after any VES or EV rebate. OneMotoring shows it.
PARF rebate
$21,000
70% of ARF
COE rebate
$22,250
53.4 unused months
Total back
$43,250
before any scrap value
Deregistered on 2026-10-03, your car is in the "over 5 to 6 years" band. You get 70% of the $30,000 ARF: $21,000. The 53.4 unused COE months are worth $22,250 ($50,000 x 53.4 / 120).
| Last day of band | PARF | COE | Total |
|---|---|---|---|
| Up to 5 years2026-03-14 | $22,500 | $25,000 | $47,500 |
| Over 5 to 6 years2027-03-14 | $21,000 | $20,000 | $41,000 |
| Over 6 to 7 years2028-03-14 | $19,500 | $15,000 | $34,500 |
| Over 7 to 8 years2029-03-14 | $18,000 | $10,000 | $28,000 |
| Over 8 to 9 years2030-03-14 | $16,500 | $5,000 | $21,500 |
| Over 9 to 10 years2031-03-14 | $15,000 | $0 | $15,000 |
The PARF rate drops a step the day after each date shown. LTA's own figure on deregistration is final.
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| Age at deregistration | COE before Feb 2023 | Feb 2023 to Feb 2026 | From Feb 2026 |
|---|---|---|---|
| Up to 5 years | 75% | 75% | 30% |
| Over 5 to 6 years | 70% | 70% | 25% |
| Over 6 to 7 years | 65% | 65% | 20% |
| Over 7 to 8 years | 60% | 60% | 15% |
| Over 8 to 9 years | 55% | 55% | 10% |
| Over 9 to 10 years | 50% | 50% | 5% |
| Cap | None | S$60,000 | S$30,000 |
Over 10 years old: no PARF rebate. A car that was laid up before gets none either. The February 2023 and February 2026 cut-offs are the second COE bidding exercise of each month.
A car registered on 15 Mar 2021 paid S$30,000 ARF and a S$50,000 COE that expires on 14 Mar 2031. Its owner deregisters it on 3 Oct 2026, when it is 5 years and 6 months old. That is the over 5 to 6 years band, so PARF is 70% of S$30,000, or S$21,000. The unused COE runs from 4 Oct 2026 to 14 Mar 2031: 53 full months plus 11 days, which LTA counts as 53.4 months. The COE rebate is S$50,000 x 53.4 / 120 = S$22,250. Total back: S$43,250. Had the same car come with a COE from March 2026, PARF would be 25% of S$30,000, just S$7,500.
It is a percentage of the Additional Registration Fee (ARF) you paid, set by the car's age on the day you deregister it. For cars with COEs from before the second February 2023 bidding exercise it runs from 75% at up to 5 years old down to 50% at 9 to 10 years old. A car over 10 years old gets no PARF rebate.
Cars with COEs from the second February 2026 bidding exercise onwards get 30% of ARF at up to 5 years old, falling by 5 points a year to 5% at 9 to 10 years old. The rebate is capped at S$30,000. LTA announced this on 12 February 2026.
Cars with COEs from the second February 2023 bidding exercise to the first February 2026 exercise get the 75% to 50% rates, but the rebate cannot go above S$60,000. Cars with COEs from before February 2023 have no cap.
COE rebate = the QP you paid x the unused months of the COE / 120. LTA counts full calendar months from the day after deregistration, then counts the leftover days at 30 days to a month. Its own example: 29.1 unused months on a S$16,897 QP gives S$4,097.
The net ARF you paid, after any VES or EV rebate. LTA bases the PARF rebate on the net ARF. You can find it in your vehicle details on OneMotoring.
Only cars up to 10 years old get a PARF rebate, so a car past 10 years on a renewed COE gets none. You still get a COE rebate for unused months if you deregister before the renewed COE expires.
12 months from the deregistration date. You can take them as cash, use them to offset taxes and fees on your next car, or transfer them to someone else.
LTA's example rounds the COE rebate down to the dollar, and so does the calculator. Leftover days become a tenth of a month, rounded to the nearest tenth. The PARF rebate is a straight percentage of the ARF, so it needs no rounding unless the ARF has cents.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
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