Getting a new car?
A revision in the Additional Registration Fee (ARF) Structure may impact your buying decision.
The revised ARF Structure is as follows.
Additionally, there is a CAP of PARF rebate of up to $60,000. This would mean you will get a lesser amount when you deregister the car. It may impact the resale value of the car as well.
5 Cars with increased ARF AND THE POTENTIAL COST OF OWNERSHIP*
The E Class is Singapore’s Mid Manager favourite car. It is a car to get to show that you have stepped into the luxury segment.
For the Towkay and CEO, this and the S class are the preferred car to be chauffeured in.
The ‘entry’ level luxurious sports car.
Crazy Rich Asian type of Car.
This car is the one where top property agents like to
flaunt their earnings own one day.
* Extra Ownsehip Cost is the total of additional ARF and the loss of PARF Rebate upon deregistration. It does not reflect the actual loss as resale prices are subject to market conditions.
If you see one on the road, chances are it comes with a PHV sticker too.
Entry-level European Car to get instead of the usual Japanese suspect
Entry Level German Car
Brand and practicality. Worth the extra for a seven seater
Because I don’t want a Mercedes
ARF is estimated from OMV obtained from One Motoring based on 2022/2023 OMV. Car prices are listed on SG Car Mart, excluding any dealer’s discount and inclusive of COE. Car prices may fluctuate from time to time.