Singapore LTA PARF & COE Deregistration Rebate Calculator (2026)
Calculate statutory LTA deregistration rebates when scrapping or exporting a private car: 50%-75% PARF rebate (capped at $60k), unused COE months, and scrap body value.
Calculate statutory LTA deregistration rebates when scrapping or exporting a private car: 50%-75% PARF rebate (capped at $60k), unused COE months, and scrap body value.
Calculate statutory LTA deregistration rebates when scrapping or exporting a private car: 50%-75% PARF rebate (capped at $60k), unused COE months, and scrap body value. Calculate exact, penny-accurate projections compliant with 2026 CPFB • IRAS • Monetary Authority of Singapore (MAS) • HDB standards using Calconova's deterministic IEEE-754 (Decimal.js) calculation engine with instant breakdowns.
LTA Official Paper Value is $48,950 with 30 months COE unused.
Total\ LTA\ Rebate = PARF\ Rebate + COE\ Rebate \\
PARF\ Rebate = \min(ARF \times Rate_{age\ (50\%-75\%)},\ S\$60,000) \\
COE\ Rebate = \frac{Original\ COE}{120\ Months} \times Remaining\ Months \\
Total\ Cash = Total\ LTA\ Rebate + Scrap\ Body\ ValueDeregistering a private car before its 10-year COE expires qualifies for an LTA PARF rebate (50%-75% of original ARF, capped at S$60k) plus pro-rated refund of unused COE months. Renewing the COE past 10 years permanently forfeits the entire PARF rebate.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CPF interest rates, ABSD criteria, COE prices, and bank mortgage rates may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a MAS-licensed financial adviser or IRAS/CPF officer prior to executing financial commitments.
You permanently forfeit it! Once you renew a 10-year COE (for either 5 or 10 years), the 50% PARF rebate (often worth $20k to $60k in cash) is completely and permanently forfeited. You must weigh this loss against the cost of buying a new car.
To encourage tax progressivity, the Singapore Government capped PARF rebates at S$60,000 for cars registered after February 15, 2023. This mainly impacts luxury vehicles with OMVs above S$80,000.
Once deregistered, LTA issues an electronic PARF/COE rebate certificate. You can either use the paper value to offset taxes on your next new car purchase or apply on OneMotoring to encash the entire balance directly to your bank account via GIRO.
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