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How to calculate the parf of a car registered in different years?


Chucs75
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Neutral Newbie

hi, i tried to search the onemotoring forum for parf value of cars that is registered in 2003 jan. Its seems very confusing to mesweatdrop.gif.

Age at Deregistration

(year) Graduated PARF Rebate

(For cars registered with COEs obtained before May 2002 tender) New PARF Rebate

(for cars registered with COEs obtained from May 2002 tender) Not exceeding 5 130% of OMV 75% of ARF paid Above 5 but

not exceeding 6 120% of OMV 70% of ARF paid Above 6 but

not exceeding 7 110% of OMV 65% of ARF paid Above 7 but

not exceeding 8 100% of OMV 60% of ARF paid Above 8 but

not exceeding 9 90% of OMV 55% of ARF paid Above 9 but

not exceeding 10 80% of OMV 50% of ARF paid Above 10 0% of OMV 0% of ARF paid

 

 

can someone tell me how to get the parf value of a car that omv =30k, registered in 2003 and what is the parf of the same car omv = 30k if registered in 2004 march? Thanks.

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Neutral Newbie

Hi, the PARF values of different cars are determined by their OMV and the date of registration.

 

PARF values for cars registered:

Before and during May 2002 - 80% of OMV

After May 2002 - 65% of OMV

From March 2004 - 55% of OMV

 

Hope this helps. [:)]

 

eddie

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