Hybrid car paper value

[Yeshe]

is hybrid car paper value calculated the same way as petrol driven ones?

[Iisterry]

No. Your ARF & the resulting PARF rebate is lower. Approx 30% of OMV @ 10 years if I'm not mistaken.

 

Key in the car details for the date just one day before COE expiration.

 

https://vrl.lta.gov.sg/lta/vrl/action/pubfu...bateBeforeDeReg

Edited October 13, 2010 by Iisterry

[Yeshe]

No. Your ARF & the resulting PARF rebate is lower. Approx 30% of OMV @ 10 years if I'm not mistaken.

 

Key in the car details for the date just one day before COE expiration.

 

https://vrl.lta.gov.sg/lta/vrl/action/pubfu...bateBeforeDeReg

 

i thought that is only for hybrid cars registered after 2006 dec?

[Typhoonz]

is hybrid car paper value calculated the same way as petrol driven ones?

 

Eh bro... Want to switch to what car? Sick of your Outlander liao ah?

[Expertz]

if i'm not wrong your purchase price also lesser

[Yeshe]

Eh bro... Want to switch to what car? Sick of your Outlander liao ah?

 

dunno yet lah, becos new job travel distance is much further, so considering some greener options when they arise

[Ishiwgao]

your taxes when u buying it will be lower, as govt subsidize 40% of ARF, so resale should be lower with reference to your buying price.

 

but if you talk about paper value (ie scrapping value) then that one im not sure about hybrid motors.

 

try reading this article. though a little old (2007), but it's still relevant for you. just a few quotes

 

So instead of 110%, hybrid cars are only levied 70% of OMV for the ARF. So far, so good.

 

Unfortunately, the ARF rebate I mentioned earlier (known as Preferential ARF or PARF), is calculated based on the ARF. Which means, the lower the ARF the lower the PARF rebate.

 

So all the green rebate does is to lower the initial purchase price. But it also results in a lower tax rebate when you de-register your car. So the nett impact is basically