New PARF (Preferential Additional Registration Fee) rebate rules come into effect from July 2026, bringing significant changes to how Singapore car owners can recover registration fees when deregistering their vehicles. The revised scheme is part of the government's broader effort to encourage earlier deregistration of older, more polluting vehicles.
Under the new rules, the rebate is calculated on a tiered basis depending on the vehicle's age at deregistration and its emission standards. Vehicles meeting higher emission standards will receive proportionally higher rebates, while older, less efficient vehicles will see reduced benefits.
For buyers in the used car market, these changes have significant implications. Cars registered before the cut-off date may offer better value due to more favourable rebate calculations. We break down the new formula, provide calculation examples for common scenarios, and explain what this means for both current owners and prospective buyers.
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