Car Depreciation Calculator Singapore (with Paper Value)
See how much your car loses per year and what its paper value (PARF + COE rebate) is today and when you plan to sell.
The all-in on-road price you paid (or will pay), including COE and ARF.
What you expect to sell for. Leave blank to see the worst case: selling at paper value.
Additional Registration Fee paid at first registration. See OneMotoring under your vehicle details.
The quota premium paid for the current COE, not today’s premium.
Sets the car’s age and the PARF schedule. For a new car, use the purchase date.
Same as the registration date for a new car.
The end of your holding period.
Leave blank to use 10 years from registration. Enter the date if the COE was renewed.
Follows the COE bidding exercise. Choose manually if your COE was bid near a cut-off.
Your depreciation
Paper value is what LTA pays back if the car is deregistered. Estimates only — OneMotoring shows the exact rebate.
Your expected sale price is below the paper value. Scrapping or exporting the car would return more.
Paper value over time
| Date | PARF | COE rebate | Paper value | Drop |
|---|---|---|---|---|
| 2026-10-270 yr 0 mo | $10,200.00 | $100,000.00 | $110,200.00 | — |
| 2027-10-271 yr 0 mo | $10,200.00 | $90,000.00 | $100,200.00 | $10,000.00 |
| 2028-10-272 yr 0 mo | $10,200.00 | $80,000.00 | $90,200.00 | $10,000.00 |
| 2029-10-273 yr 0 mo | $10,200.00 | $70,000.00 | $80,200.00 | $10,000.00 |
| 2030-10-274 yr 0 mo | $10,200.00 | $60,000.00 | $70,200.00 | $10,000.00 |
| 2031-10-275 yr 0 mo | $10,200.00 | $50,000.00 | $60,200.00 | $10,000.00 |
In-depth guide
Car depreciation and paper value in Singapore
What paper value is, why it sets the floor under a car's price, and how to estimate yearly depreciation from price paid, ARF, COE premium and holding period.
Key figures at a glance
- Paper value
- PARF rebate + COE rebate
- What LTA pays back if the car is deregistered on that date.
- PARF rebate, COE from the 2nd February 2026 bidding
- 30% of ARF up to 5 years, falling to 5% at 9–10 years
- Nil above 10 years.
- Source: LTA
- COE rebate
- COE premium × unused full months ÷ months of COE validity
- A 10-year COE has 120 months.
- Worst-case depreciation
- Price paid − paper value on the day you leave the car
- A car can always be scrapped for its paper value.
Estimating what a car will cost you in depreciation
Work from the paper value, then adjust for the market price you expect.
-
Step 1: Find the ARF and COE premium
Before buyingBoth are on OneMotoring for a registered car, or on the sales papers for a new one.
-
Step 2: Work out paper value today
PARF rebate for the car's age and cohort, plus the COE premium prorated by full months left.
-
Step 3: Work out paper value on your exit date
Use the same method on the date you plan to sell or scrap.
-
Step 4: Compare with the price
Worst-case depreciation is the price paid minus paper value at exit. If you expect a higher sale price, use that instead.
What paper value tells you
Paper value is the PARF rebate plus the COE rebate. It falls every month as the COE runs down and steps down each year as the car passes an age band. Because a car can always be deregistered for this amount, it sets a floor under what the car is worth.
Worst case and actual depreciation
| Measure | Formula |
|---|---|
| Worst-case depreciation | Price paid − paper value at exit |
| Actual depreciation | Price paid − sale price |
| Per year | Depreciation ÷ years held |
Worked example
A new car costs $190,000 with ARF $34,000 and a $100,000 COE premium, registered in March 2026. Paper value at purchase is 30% × $34,000 + $100,000 = $110,200. After 5 years it is $10,200 + $50,000 = $60,200, so paper value alone drops $10,000 a year. Selling at $110,000 means $80,000 of depreciation, or $16,000 a year.
Tip: The gap between price and paper value is what the market charges for the remaining use of the car, and it shrinks as the COE runs down.
Common mistakes
- Ignoring the cohort. COEs from February 2026 have a lower PARF.
- Using today's COE premium. Use the premium paid for this car's COE.
- Treating market price as guaranteed. Only paper value is.
Related tools
Frequently asked questions
What is paper value?
The PARF rebate plus the COE rebate: what LTA would pay back if the car were deregistered on that date. It is the floor for a car’s value.
How is car depreciation calculated in Singapore?
Price paid minus the value when you leave the car, divided by the years held. This tool also shows the worst case, which uses paper value as the exit price.
Why does depreciation slow down on older cars?
Paper value falls by the unused COE each month and by a PARF step each year. Older cars have little PARF left and their price sits close to paper value.
What changed for PARF in 2026?
For COEs from the second February 2026 bidding, rebates are 30% to 5% of ARF with a $30,000 cap.
Does the car’s market price follow paper value?
Not exactly. Market price is usually above paper value, and the gap shrinks as the COE runs down.
Is this the official LTA figure?
No. It is an estimate from the published schedule. OneMotoring shows the exact rebate.
Sources
This guide explains published rules in plain language. It is not financial, legal or official advice — rules change, so confirm with the agency linked above before you commit.