Related Questions
- What is omv and arf value? What does it mean if both of their values are the same? If i plan to buy a second hand car which is 8 or 9 years old, how do i calculate how much will i get after scraping at the end of 10 years?
- How to calculate the PARF value? For example at 22/03/20, my car PARF value is 22k. How about a year later?
- How to find out the scrap value of a car?
- How to calculate depreciation of a car?
- How do I use OMV / ARF / PARF to do calculations on how much do I get back?
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1 Answer
Shah
The PARF rebate is computed based on the age of the car at de-registration . The age of the car is computed from the date of its registration in Singapore or its original registration in a foreign country, whichever is earlier. Imported used car registered in Singapore before 1 September 2007 is not eligible for PARF rebate.
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almost 9 years ago
