Photography to be supplied.

Registration

Original registration
15 Jul 2020
COE expiry
14 Jul 2030
Registration number
SKD 3388 R
Road tax expiry
14 Dec 2026
COE renewed
No

Condition

Mileage
19,700 km
Transmission
8-spd DCT
Model year
2020

Regulatory values

OMV
$324,800
ARF
$646,900
PARF scheme
Pre 15 Feb 2023 · uncapped
PARF rebate at COE expiry
$323,450

If you sell it sooner

The rebate falls in steps as the car ages, so depreciation depends on when you let it go. Every figure below is the same calculation as the headline one, run to a different date.

HeldSold or deregisteredPARF rebate DepreciationPer month
1 yr Oct 2027 $388,140 $851,860/yr $70,988
2 yrs Oct 2028 $355,795 $442,103/yr $36,842
3 yrs Oct 2029 $323,450 $305,517/yr $25,460

Assumes the car is deregistered rather than sold on with COE remaining, and that the PARF schedule in force at registration still applies. It is the basis every dealer quotes, and it is an estimate.

2020 · Sold

Ferrari Roma

CTL-0038 · 19,700 km · COE to 2030

Asking

$1,240,000
Depreciation$243,824

per year, held to COE expiry · 3.8 years remaining

Per month$20,319
How this is worked out
Asking price$1,240,000
ARF paid$646,900
PARF rate50% of ARF
Less PARF rebate($323,450)
COE remaining3.76 yrs
Depreciation per year$243,824
PARF schedule · Pre 15 Feb 2023 · uncapped

Registered before the PARF cap took effect, so the full percentage of ARF is recoverable at deregistration.

Monthly, financed

$10,581

7 years · 40% down · 2.78% flat

Borrowing$744,000
Interest over the term$144,782
Total repaid$888,782

Banks and finance companies in Singapore may lend at most 7 years, and at most 60% of the price on a car with an OMV above $20,000. Longer terms are shown for buyers arranging finance elsewhere.

An illustration, not a quotation. Your rate depends on the lender and on you.

Speak to us about this car

+65 9638 8969

hello@cartelier.sg

Showroom

1002 Jalan Bukit Merah
#04-20
Singapore 159456

Hours

Mon – Sat · 10:00 – 19:00
Sunday · by appointment

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