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Scrap Car Value in Singapore

I’m quite flattered that Google search for “scrap car value in Singapore” currently leads right to my site. It’s the first hit in the search results. The hit, however, leads to outdated information that I wrote probably in around 2002. Since many netizens are obviously going to want to know updated information, I’ve decided to provide a public service by writing this post providing updated information. There is also an online query that tells you exactly the de-registration value of your vehicle, if you don’t really care about how the value is calculated.

Update (2015-04-14): This original post has been republished with updated details. Please check out Calculating Scrap Value of Singapore Cars.

Okay, so let’s cut to the chase. The re-registration value, or what we commonly refer to as scrap value, is made up of two parts: the PARF (Preferential Additional Registration Fee) rebate and the COE rebate.

Let’s talk about COE rebate first, since it is simpler. The COE rebate is the money you get back on the portion of COE you have not used on your current car. The rebate is a simple linear prorated sum of the original quota premium (or the lesser of the quota premium of the corresponding category of your car from the same tender exercise if your car was registered with the “Open” category COE). So for example, if there is 60 months left on your COE that cost $50K, the COE rebate is $25K (60 / 120 months x $50K).

PARF rebate is complicated because it has been changing over the years. Let’s talk about the more common cases first. This table applies for cars registered with COEs from the May 2002 tender exercise onwards:

Age at De-registration (years) PARF Rebate as % of ARF
age < 5 75%
5 <= age < 6 70%
6 <= age < 7 65%
7 <= age < 8 60%
8 <= age < 9 55%
9 <= age < 10 50%
age >= 10 Nil

The ARF (Additional Registration Fee) of the vehicle will be stated in the logcard. The ARF has been changing over the years too, and it is pegged to a % of the OMV:

Registered with COE from tender exercise ARF as a % of OMV
From March 2008 onward 100%
From March 2004 to February 2008 110%
From May 2002 to February 2004 130%

The PARF rebate for vehicles registered with COEs before the May 2002 tender exercise:

Age at De-registration (years) PARF Rebate as % of OMV
age < 5 130%
5 <= age < 6 120%
6 <= age < 7 110%
7 <= age < 8 100%
8 <= age < 9 90%
9 <= age < 10 80%
age >= 10 Nil

Example: Vehicle registered on 1 Dec 2008 with COE of $4889. OMV = ARF = $21000. To de-register on 1 Mar 2012.

COE rebate: Used 3 years 3 months, remaining 81 months out of the 10 years COE. So, 81 / 120 x $4889 = $3300.

PARF rebate: Vehicle is under 5 years old. 75% x $21000 = $15750.

Total rebate: $3300 + 15750 = $19050.

46 thoughts on “Scrap Car Value in Singapore

  1. Hi mate,

    i am looking to buy used cars (10 years old) to export to Africa.
    do you have any sites i could visit in person or browse in the internet , should be singaporean based.

    please advise. thank you.

    regards
    roshan

    1. Hi Roshan,

      I have partner whom based in singapore which can supply you the used cars to export to Africa.

      Feel free to contact me and forward us your interest.

      Thanks,
      Mohd Azrin

      1. Hey…like roshan i am also interested in exporting the car to Kenya…can you please send me more details? thanks.

        1. Anyone interested in buying my toyota picnic 1 year more to drive ..22 August 2016 Price we can negotiate later Parf value at 14k

  2. Dear Frenz,

    I would like to buy the de-registered car from singapore to be scraped for spares parts.Do you have any contact / friends.

    Thanks

    1. Hi Muhamad, I have a car which I would like to sell. Toyotal Corolla Altis 1.8 Registered in Nov 2004..Mileage around 117000 km in excellent condition. Regularly serviced at Toyota Borneo

  3. Hi Muhamad, I have a car which I would like to sell. Toyotal Corolla Altis 1.8 Registered in Nov 2004..Mileage around 117000 km in excellent condition. Regularly serviced at Toyota Borneo

  4. Hi, if I have a car that will expire this July and the PARF rebate 11K and COE rebate also 11K by the end lets say July 13 2014..so if I deregister at this date will I get 11K cash or 22K cash? thank you

  5. i would like to export scrap cars to Indonesia from Malaysia and also heavy Machines such as excavator and casing truck.which is used for shifting soil .Please I am genuinely very ken in doing this business and are looking for a worthy business partner.If there is anyone out there who is currently doing this please get in touch with me ASAP. Call me at 60-108-118-749 Jagar Singh or email me at jagshathan9563@gmail.com

  6. I’ve a Grey Camry 2.0L with COE expiry on 2 Aug 15 for sales. 1 owner and Borneo maintained since day 1. Car still in excellent condition. Interested party please email me at eio007@hotmail.com with an offer.

  7. My Perodua Kelisa 1.0M COE expire 28 Aug 2015, still very powerful and engine running very smooth. not sure if I should scrap or look for ways to export back to Malaysia for family use. Have been changing parts from there, cheaper and easy. Anyone has contact can do export doc? Any idea if I can just drive back via JB, then do the export documentation in SG? jusdoit898@gmail.com

  8. Hi, I am looking to buy used high end cars from Singapore… I still can’t understand the paper values etc, so just need some explanation on this, also a dealer I can communicate with that wants to start a selling relationship. I am based in UK and happy to travel to meet.
    Wattsup 00447795027565

  9. Hi,

    Anyone from singapore want to sold their Honda Odyssey year 2004-2006 to malaysian buyer can directly contact me at :

    WhatsApp
    +60139025678

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