šøš¬ Singapore Land Transport Authority (LTA Car Cost Framework)
Singapore Car & COE Depreciation Calculator
Compute the true annual paper loss and monthly holding cost of owning a car in Singapore, factoring in the Certificate of Entitlement (COE), tiered ARF luxury taxes, and PARF scrap rebates.
Vehicle & Purchase Parameters
S$
S$
S$
Road Tax (S$/yr)
Insurance & Season Parking (S$/yr)
Annual Paper Depreciation
S$0/yr
Monthly Depreciation: S$0/mo ā¢ All-In Cost: S$0/mo
Estimated PARF Scrap Rebate
S$0
Total Statutory ARF Paid
S$0
Cost & Deregistration Specification
Purchase Price Paid S$0
- Scrap Value at Deregistration (PARF + COE) -S$0
= Net Capital Sunk Over Tenure S$0
+ Fixed Annual Running Costs (Tax + Ins + Park) S$0/yr
Total Monthly Cost of Ownership S$0/mo
š The LTA Depreciation Formula
In Singapore, car dealers and buyers benchmark car value using the standardized statutory paper depreciation formula:
Annual Deprec = (Purchase Price - Deregistration Rebates) / Remaining Years
- Deregistration Rebate: Equal to the 50% PARF rebate (if deregistered before 10 years) plus any unused COE paper rebate.
- Renewed COE cars: Have 0% PARF rebate when deregistered; only remaining COE can be refunded.
šļø Progressive ARF Luxury Car Tax Tiers
Additional Registration Fee (ARF) tiers penalize expensive luxury vehicles:
- First S$20,000 OMV: 100% ARF.
- Next S$20,000 (S$20k - S$40k): 140% ARF.
- Next S$20,000 (S$40k - S$60k): 190% ARF.
- Next S$20,000 (S$60k - S$80k): 250% ARF.
- Above S$80,000 OMV: 320% ARF (Top luxury bracket).
š Official Singapore Statutory Comparative Matrix
| Statutory Heading / Component | Calculated Amount |
|---|---|
| Primary Settlement / Statutory Amount | S$0.00 |
MS
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Statutory Compliance Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.