Reduced PARF rebates may boost sales of new EVs, secondhand cars: Analysts

by admin | Feb 13, 2026 | Asia

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The Preferential Additional Registration Fee (PARF), which is given when a car is deregistered before 10 years, would be reduced by 45 percentage points, Prime Minister Lawrence Wong said at the 2026 Budget statement.

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Reduced PARF rebates may boost sales of new EVs, secondhand cars: Analysts

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