Friday, January 16, 2009

Off-Peak Car Scheme

Introduction
The Off-Peak Car (OPC) Scheme was implemented on 1st October 1994 to replace the Weekend Car (WEC) Scheme. The OPC Scheme offers new and existing car owners the option to save on upfront car registration and road taxes in retur for less usage on the cars.

Tax Concessions
Cars that are registered under the OPC Scheme will enjoy:-
1. An upfront rebate of up to $17,000 on the Quota Premium (QP) for the Certificate of Entitlement (COE) and the Additional Registration Fee (ARF). (The rebate is first offset against the COE premium payable, and any excess is then offset against the ARF payable)

2. A flat discount of $800 on annual road tax, subject to a minimum road tax payment of %50 per year.

Non-Restricted Hours
You do not need to display a supplementary licence if the OPC is driven on Sundays, public holidays and during the following non-restricted hours:

Weekdays: 7.00pm to 7.00am
Saturdays & Eve of the 5 Public Holidays: 3.00pm onwards

*New Year, Lunar New Year, Hari Raya Puasa, Deepavali and Christmas

Licence For Use During Restricted Hours
If you wish to use your OPC during the restricted hours, you will need to display a valid $20 supplementary license.

You can purchase these licences from the following places during the office hours:-
Automobile Association of Singapore

336 River Valley Road
Tel: 6333 8811

2 Kung Chong Road
Tel: 6333 8811

Any Singapore Post Office

Land Transport Authority
10 Sin Ming Drive
Tel: 1800-2255582

Using an invalid or a tampered supplementary licence on an OPC are serious offences.

How do i Register My New Car Under The OPC Scheme?

Step 1
Secure a COE under one of the following vehicle categories:-
Vehicle Categories
Category A: Cars (1,600cc and below)
Category B: Cars (1,601cc and above)
Category E: Open (for any type of vehicles)

Step 2 (Optional)
Bid for a car registration number.

Step 3
Register your car with the Land Transport Authority (LTA) at 10 Sin Ming Drive Singapore 575701. Usually, motor car dealers will register the car for you. Please remember to tell your car dealer that you wish to register your car under the OPC scheme and if you have bid for a car registration number for the car.

Step 4
Your car dealer will arrange to have the OPC number plate sealed at any of the authorised inspection centres. The background color of your number plate will be red with white letterings to distingush it from a normal car.

LTA will send a notification letter together with the vehicle's road tax disc, to the registered address of the vehicle owner.

How Do I Re-Register My Normal Car / OPC As An OPC/Normal Car?
Step 1
Submit the following to the LTA:-
Original road tax disc
Original periodic inspection certificate (if applicable)
Original certificate for motor insurance, covering the full period of road tax
Original NRIC (for Singaporean, Singapore Permanent Resident & Malaysian) or passport (for foreigner other than Malaysian) for indivdual owner. If the owner is a company or a business, the original NIRC (for Singaporean, Singapore Permanent Resident & Malaysian) or passport (for foreigner other than Malaysian) of the authorised person from the company or business must be presented;

Original NRIC (for Singaporean, Singapore Permanent Resident & Malaysian) or passport (for foreigner other than Malaysian) for authorised representative if the registered vehicle owner / authorised person is not present at the time of application

Payment for the fees and taxes listed below:
a) OPC re-registered as Normal Car:
i) Conversion fee of $100;
ii) New road tax for your re-registered normal car; and
iii) Top-up fee for the unused upfront rebate as follows;

Upfront rebate of $17,000/ 120 months X (120 months -number of months & days registered as an OPC at time of re-registration)

b) Normal Car re-registered as OPC;
i) Conversion fee of $100; and
ii) New road tax for your re-registered OPC

Step 2
Change the number plate to that of either normal car or OPC, whichever is applicable, within 3 calendar days from conversion. Failure to change the number plates constitutes an offence under the Road Traffic Act.

The number plates for OPC have a red background with white letters and figures,and it must be welded and sealed to the body of the car. Sealing of the number plates can be carried out at any of the authorised inspection centres listed on overleaf. Upon sealing of the number plates, the authorised inspection centre will issue an inspection certificate to the OPC owner.

Preferential Additional Registration Fee (PARF)
Benefit of An OPC
A. For Car Originally Registered as OPC
If you scrap or export your OPC before it reaches 10 years old and it meets the other requisite conditions(1). the PAFR rebate is as stated below or percentage of what you had actually paid as Additional Registration Fee (ARF) at the time of its registration,whichever is lower.

(1) See Guide to Vehicle De-registration and Application for PARF / COE rebate.

Age at De-registration (years)
Not exceeding 5
Above 5 but not exceeding 6
Above 6 but not exceeding 7
Above 7 but not exceeding 8
Above 8 but not exceeding 9
Above 9 but not exceeding 10
Above 10

PARF Rebate
For Cars Registered with COE Obtained
Before May 2002 Tender
130% of OMV
120% of OMV
110% of OMV
90% of OMV
80% of OMV
Nil

From May 2002 Tender Onwards
75% of ARF Paid
70% of ARF Paid
65% of ARF Paid
60% of ARF Paid
55% of ARF Paid
50% of ARF Paid
Nil

B) For OPCs Re-registered From Normal Cars

On top of the PARF benefit, you may also be given an additional PARF benefit, as follows:-
Lifespan as Re-registered OPC (in months & days) x $2,200 / 12

COE Rebate For An OPC
A. For OPC De-registered After 2 years of Registration

If an OPC is de-registered before its COE expires, the registered owner may be granted a rebate on the Quota Premium (QP) which he had paid (i.e. less the OPC upfront rebate of up to $17,000), pro-rated to the number of months and days remaining on his vehicle's COE.

The rebate for a vehicle registerd using an "Open" Category COE will be based on the net (i.e. less the OPC upfront rebate) QP paid for the "Open" Category or its corresponding category from the same COE tender exercise, whichever is lower.

B. For OPCs De-registered Within 2 years of Registration for Purpose of Export

The COE rebate will be capped at 80% of the net (i.e. less than the OPC upfront rebate) QP paid at registration. If the vehicle was registed using "Open" Category COE, the COE rebate will also be capped at 80% of the net (i.e. less the OPC upfront rebate) QP paid for the "Open" Category or its corresponding category from the same COE tender exercise whichever is lower.

How do i renew the COE of my OPC?
To renew the COE of your OPC, pay the Prevailing Quota Premium (PQP) of the apporiate normal car category. Your vehicle will remain as an OPC after COE renewal.

Authorised Inspection Centres
JIC Inspection Services Pte Ltd 53 Pioneer Road Tel: 6863 9639
JIC Inspection Service Pte Ltd 21 Ang Mo Kio Street 63 Tel: 6484 7370
STA Inspection Pte Ltd 2E Ayer Rajah Crescent Tel: 6476 0988
STA Inspection Pte Ltd 302 Sin Min Road Tel: 6452 1398
VICOM Ltd 511 Bukit Batok Street 23 Tel: 6458 4555
VICOM Ltd 20 Changi North Crescent Tel: 6458 4555
VICOM Ltd 23 Kaki Bukit Avenue 4 Tel: 458 4555
VICOM Ltd 385 Sin Ming Drive Tel: 6458 4555
VICOM Ltd 501 Yishun Industrial Park A Tel: 6458 4555

Source: Land Transport Authority as correct from 16th January 2009.

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