One Motoring Enquire Parf Coe Rebate for Registered Vehicle

Introduction

Are you a car owner in Singapore who is looking to save money on your Certificate of Entitlement (COE) renewal? If so, you may be eligible for the Preferential Additional Registration Fee (PARF) Rebate. This rebate is offered by the Land Transport Authority (LTA) to encourage car owners to scrap their old vehicles and purchase new ones that are more environmentally friendly.

Choa Chu Kang Neighbourhood Police Post: Enhancing Community Safety and Partnerships

In this article, we will provide you with all the information you need to know about the PARF Rebate, including who is eligible, how to apply, and how much you can save. We will also provide some tips and tricks for getting the most out of your PARF Rebate.

Who is Eligible for the PARF Rebate?

To be eligible for the PARF Rebate, you must meet the following criteria:

one motoring enquire parf coe rebate for registered vehicle

You must be the registered owner of a vehicle that is at least 10 years old.
Your vehicle must have a valid COE.
Your vehicle must be scrapped within one month of the COE expiry date.
You must purchase a new vehicle with a valid COE within one month of scrapping your old vehicle.

How to Apply for the PARF Rebate

To apply for the PARF Rebate, you must submit the following documents to the LTA:

A completed PARF Rebate Application Form
A copy of your vehicle’s registration card
A copy of your vehicle’s COE
A copy of your vehicle’s scrap certificate
A copy of your new vehicle’s registration card
A copy of your new vehicle’s COE

You can submit your application online or by mail. If you are applying online, you will need to create an account with the LTA. Once you have created an account, you can log in and submit your application. If you are applying by mail, you can download the PARF Rebate Application Form from the LTA website.

One Motoring Enquire Parf Coe Rebate for Registered Vehicle

How Much Can You Save with the PARF Rebate?

The amount of PARF Rebate you can receive depends on the age of your vehicle and the type of new vehicle you purchase. The following table shows the PARF Rebate rates for different vehicle ages:

Vehicle Age	PARF Rebate Rate
10 years	50% of prevailing COE price
11 years	75% of prevailing COE price
12 years or more	100% of prevailing COE price

The following table shows the PARF Rebate rates for different types of new vehicles:

Vehicle Type	PARF Rebate Rate
Petrol car	50% of prevailing COE price
Diesel car	25% of prevailing COE price
Electric car	100% of prevailing COE price
Hybrid car	75% of prevailing COE price

Tips and Tricks for Getting the Most Out of Your PARF Rebate

Here are a few tips and tricks for getting the most out of your PARF Rebate:

Introduction

Apply for the PARF Rebate as early as possible. The LTA has a limited budget for the PARF Rebate program, so it is important to apply early to avoid disappointment.
Consider purchasing a new vehicle that is eligible for a higher PARF Rebate rate. For example, if you are considering purchasing a new petrol car, you will receive a 50% PARF Rebate. However, if you purchase a new electric car, you will receive a 100% PARF Rebate.
Scrap your old vehicle as close to the COE expiry date as possible. This will give you more time to find a new vehicle and apply for the PARF Rebate.
Keep all of your documentation in order. You will need to provide the LTA with a number of documents when you apply for the PARF Rebate, so it is important to keep all of your documentation in order.

Conclusion

The PARF Rebate is a great way to save money on your COE renewal. If you are a car owner in Singapore who is looking to scrap your old vehicle and purchase a new one, you should definitely consider applying for the PARF Rebate.

Q: What is the PARF Rebate?

Frequently Asked Questions

Q: What is the PARF Rebate?

A: The PARF Rebate is a rebate offered by the LTA to encourage car owners to scrap their old vehicles and purchase new ones that are more environmentally friendly.

Q: Who is eligible for the PARF Rebate?

A: To be eligible for the PARF Rebate, you must meet the following criteria:

You must be the registered owner of a vehicle that is at least 10 years old.
Your vehicle must have a valid COE.
Your vehicle must be scrapped within one month of the COE expiry date.
You must purchase a new vehicle with a valid COE within one month of scrapping your old vehicle.

Q: How much can I save with the PARF Rebate?

A: The amount of PARF Rebate you can receive depends on the age of your vehicle and the type of new vehicle you purchase. The following table shows the PARF Rebate rates for different vehicle ages and types:

Vehicle Age	PARF Rebate Rate	Vehicle Type	PARF Rebate Rate
10 years	50% of prevailing COE price	Petrol car	50% of prevailing COE price
11 years	75% of prevailing COE price	Diesel car	25% of prevailing COE price
12 years or more	100% of prevailing COE price	Electric car	100% of prevailing COE price
		Hybrid car	75% of prevailing COE price

Q: How do I apply for the PARF Rebate?

A: To apply for the PARF Rebate, you must submit the following documents to the LTA:

A completed PARF Rebate Application Form
A copy of your vehicle’s registration card
A copy of your vehicle’s COE
A copy of your vehicle’s scrap certificate
A copy of your new vehicle’s registration card
A copy of your new vehicle’s COE

Q: What are some tips and tricks for getting the most out of my PARF Rebate?

A: Here are a few tips and tricks for getting the most out of your PARF Rebate:

Apply for the PARF Rebate as early as possible. The LTA has a limited budget for the PARF Rebate program, so it is important to apply early to avoid disappointment.
Consider purchasing a new vehicle that is eligible for a higher PARF Rebate rate. For example, if you are considering purchasing a new petrol car, you will receive a 50% PARF Rebate. However, if you purchase a new electric car, you will receive a 100% PARF Rebate.
Scrap your old vehicle as close to the COE expiry date as possible. This will give you more time to find a new vehicle and apply for the PARF Rebate.
Keep all of your documentation in order. You will need to provide the LTA with a number of documents when you apply for the PARF Rebate, so it is important to keep all of your documentation in order.

Tables

Table 1: PARF Rebate Rates for Different Vehicle Ages

Vehicle Age	PARF Rebate Rate
10 years	50% of prevailing COE price
11 years	75% of prevailing COE price
12 years or more	100% of prevailing COE price

Table 2: PARF Rebate Rates for Different Vehicle Types

Vehicle Type	PARF Rebate Rate
Petrol car	50% of prevailing COE price
Diesel car	25% of prevailing COE price
Electric car	100% of prevailing COE price
Hybrid car	75% of prevailing COE price

Table 3: PARF Rebate Application Requirements

Document	Required
PARF Rebate Application Form	Yes
Vehicle Registration Card	Yes
Vehicle COE	Yes
Vehicle Scrap Certificate	Yes
New Vehicle Registration Card	Yes
New Vehicle COE	Yes

Table 4: PARF Rebate Tips and Tricks

Tip	Trick
Apply early	The LTA has a limited budget for the PARF Rebate program, so it is important to apply early to avoid disappointment.
Purchase a new vehicle that is eligible for a higher PARF Rebate rate	For example, if you are considering purchasing a new petrol car, you will receive a 50% PARF Rebate. However, if you purchase a new electric car, you will receive a 100% PARF Rebate.