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Here's a guide that helps you understand how to calculate the de-registration value of your vehicle and the relationship between OMV & ARF. De-registration value / Paper Value You must have heard of the term 'de-registration value' or also known as 'paper value' being thrown around when the casual chat of cars arises between friends or colleagues. More often than not, you would be surprised at the innocence of many local motorists who do not know what it actually means. What is De-registration value? [COE rebate + PARF rebate] = De-registration value The de-registration value simply refers to the returns you are entitled to from the Land Transport Authority (LTA) when you de-register your vehicle. The de-registration value is calculated based on the COE rebates and the PARF rebate value of your car. *Do note that COE cars (cars more than 10 years old) do not have any PARF Rebate, therefore the de-registration value for COE cars are based on the Prevailing Quota Premium paid. COE Rebate If a vehicle is de-registered before the end of the 10-year COE cycle, the registered owner can be granted a rebate based on the number of months and days remaining on his vehicle's COE. COE Rebate = (Quota Premium Paid x Number of months left) / 120 months For example if your COE costs $16,897 and expires on the 5th June 2015 but was de-registered on the 2nd January 2013. Unused period of the COE: From 3/1/2013 to 5/6/2015 = 2 years, 5 months and 3 days = 29.1 months Thus COE Rebate = ($16,897 x 29.1) / 120 = $4,097 PARF Rebate Calculating the PARF rebate value of your car is relatively simple as there are only two factors contributing to the PARF rebate value - age of vehicle and ARF value. As you can refer from the table above, the PARF rebate is a certain percentage of your ARF value