A tiered tax payable to LTA when registering a vehicle in Singapore, calculated as a percentage of the car's Open Market Value (OMV). It is one of the largest components of a car's on-the-road price and rises sharply for more expensive vehicles.
Example: Because ARF is tiered and charged on OMV, two cars with the same showroom badge but different OMVs can attract very different ARF amounts. ARF rates and tiers should be verified against the latest LTA schedule.