Q. What is Parf and COE rebate?
Called Certificate of Entitlement (COE) and Preferential Additional Registration Fee (PARF) rebates, it is a sum of money the Land Transport Authority (LTA) will give to you when you deregister and/or scrap your car.
Q. How are Parf rebates calculated?
The PARF rebate is based off a percentage of your ARF value, which is based on your vehicle’s OMV….
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