Related Questions
- I am using a parf car, so if I were to sell my car, will I get the rebate or everything will be sold ?
- When selling your car, does the paper value reflect the value of COE left when bought at certain year & month PQP price or does it follow latest PQP pricing?
- Are all cars in Singapore eligible for PARF rebate?
- Can I use, encash or sell the COE rebate from my existing vehicle after its deregistration?
- Is PARF rebate amount the same as scrap value?
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1 Answer
Hi Kc, PARF rebate is only applicable for cars and taxis that are deregistered based on the following criteria:
- Must not have been laid up before;
- Cars must not be more than 10 years old; and
- Taxis must be within their statutory lifespan
You can find out more about PARF rebate at https://www.motorist.sg/article/405/guide-to-coe-rebate-parf-rebate?srsltid=AfmBOooT67lMtgznh-yDEbMP-ZwQu669heqHhg3Teo_ZRUTXLM0l4Ajd
Hope this clarifies :)