How is the Off-Peak car rebate calculated?

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Fai

asked about General

almost 9 years ago

How is the Off-Peak car rebate calculated?

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1 Answer

Shah
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Shah

For registration of an Off-Peak car, an upfront rebate up to a maximum of $17,000 on the Quota Premium (QP) for the Certificate of Entitlement (COE) and the Additional Registration Fee (ARF) is given.(The rebate is first offset against the COE premium payable. Any excess is then offset against the ARF payable)

 

A flat discount of $800 on annual road tax is given, subject to a minimum road tax payment of $50 per year.

Source: LTA

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almost 9 years ago