Hi William, thank you for your question. Renewing your COE after ten years means you would forfeit the rebate for your PARF value. Moreover, you would need to pay for the Prevailing Quota Premiums. Your car’s scrap value, however, will still be available, depending on its make, model, and condition.

For your reference, I’ve attached a table showing the PARF rebate based on the age of deregistration.

If you’d like to know more about COE renewal or your car’s scrap value, you can visit https://www.motorist.sg/coe-renewal for COE renewal and https://www.motorist.sg/scrap-export-car for scrap value. Our friendly consultant will message you after you fill in your details and provide a free, non-obligatory quotation.

For further assistance, you may contact the LTA Hotline at 1800-2255-582.