M-Noobie
Well-Known Member
Re: Active Hybrid 5
For cars registered with COEs obtained from March 2008 tender exercise and onwards, the Additional Registration Fee (ARF) is 100% of Open Market Value (OMV).
ONE.MOTORING - PARF/COE Rebates
National Environment Agency
For cars with Green Vehicle Rebate (GVR) scheme and if the upfront green rebate was $X, then the nett paper value just before 10 years is 50% OMV - S$X.
From next January, the Carbon Emission-Based Vehicle (CEV) Scheme will replace the GVR scheme.
Tax Structure for Cars | Costs of Owning a Vehicle | Owning a Vehicle | Roads & Motoring | Land Transport Authority
Similarly if the upfront green rebate was $Y, then the nett paper value just before 10 years is 50% OMV - S$Y.
Hence the nett paper value at the end of 10 years is lesser.
For cars registered with COEs obtained from March 2008 tender exercise and onwards, the Additional Registration Fee (ARF) is 100% of Open Market Value (OMV).
ONE.MOTORING - PARF/COE Rebates
National Environment Agency
For cars with Green Vehicle Rebate (GVR) scheme and if the upfront green rebate was $X, then the nett paper value just before 10 years is 50% OMV - S$X.
From next January, the Carbon Emission-Based Vehicle (CEV) Scheme will replace the GVR scheme.
Tax Structure for Cars | Costs of Owning a Vehicle | Owning a Vehicle | Roads & Motoring | Land Transport Authority
Similarly if the upfront green rebate was $Y, then the nett paper value just before 10 years is 50% OMV - S$Y.
Hence the nett paper value at the end of 10 years is lesser.