Thinking of buying a car in Singapore?
Do you know the rebate amount you are getting at the end of 10 years?
SG Car Depreciation is a convenient tool which helps the user to calculate the depreciation of a car. It also helps to determine the Preferential Additional Registration Fee (PARF) rebate upon the expiry of COE.
The value of the COE is a major factor to owning a car in Singapore as it contributes to the yearly depreciation of the vehicle. The yearly depreciation gives the buyer a good gauge of the actual value of the car he/she is investing in.
An additional feature in this tool includes a financial calculator which aids the buyer to calculate the monthly repayment of the loan.