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Following the 2026 Singapore Budget, the PARF rebate has been reduced by 45% points, and the rebate cap has been halved from $60,000 to $30,000. This means new cars will lose more value over time. Renewing your COE allows you to avoid the higher depreciation and continue driving your current car at a lower overall cost. Contact us today for a hassle free COE renewal process! . 🚗: @carzworldpteltd WhatsApp us: +65 8869 1179 🌐 www.carzworld.com.sg 🏡 Main Showroom: 33 Ubi Avenue 3 # 01-57/58, Vertex Building, Singapore 408868 🏘 Branch: 321 Alexandra Rd # 03-20, Alexandra Central Mall, Singapore 159971 . #sgcars #buycar #singapore #cardealership #coe #coerenewal