Car Depreciation Calculator (Singapore)
Calculate your car's true annual depreciation the Singapore way: (price paid − paper value at COE expiry) ÷ years remaining. Deterministic math from the official LTA PARF and COE schedules — the same "depre" figure dealers and listings quote.
How depreciation is calculated in Singapore
Unlike most countries, Singapore car depreciation isn't a guess about future resale value. Because LTA guarantees your PARF and COE rebate at deregistration, the real cost of ownership is knowable in advance:
Annual depreciation = (price paid − paper value at COE expiry) ÷ years of COE remaining
Paper value is your PARF rebate plus the COE rebate — calculate yours exactly with the free PARF calculator. Selling before COE expiry changes the math: you keep more paper value but spread the cost over fewer years, which is why the "sell at each anniversary" table below matters more than the single headline figure.
What counts as good depreciation?
Mass-market Japanese and Korean models typically depreciate $10,000–$14,000 per year in Singapore; continental and luxury models often run $15,000–$25,000 or more. The fair comparison is against the same model and registration year — our per-model price guides show live median depreciation for over 200 models.
Paper value is your floor. Market value is what you should actually get.
Your PARF and COE rebate is what the car is worth as paper. A buyer pays for the car too — get your live market range free, or the exact number for $15.99, refunded if we're wrong.
Get my free market estimate Get the full reportFrequently Asked Questions
How is car depreciation calculated in Singapore?
The Singapore convention is: (price paid − paper value at COE expiry) ÷ years of COE remaining. Paper value is your PARF rebate plus COE rebate — the guaranteed amount you get back at deregistration. This is the "depre" figure quoted on every SGCarMart listing, and it is why two cars with the same price can have very different real costs.
What is a good depreciation per year?
It depends on segment. Mass-market Japanese and Korean cars in Singapore typically run $10,000–$14,000 per year; continental and luxury models often run $15,000–$25,000+. Compare against the same model and registration year, not the whole market — our per-model price guides show the median depreciation for each.
Why do dealers and listings quote "depre" instead of price?
Because COE tenure makes raw prices incomparable. A $70,000 car with 3 years of COE left is far more expensive per year than a $90,000 car with 8 years left. Annual depreciation normalises for remaining tenure and the guaranteed paper value, so it is the number the trade actually uses.
Does renewing my COE reset depreciation?
Renewing the COE forfeits your PARF rebate permanently, so the calculation changes: your future paper value is only the prorated COE rebate on the renewal premium. Renewal can still make sense for low-depreciation cars, but run the numbers first — the forfeited PARF is a real cost most people forget.