ARF calculator

The ARF on a car is charged in bands of its OMV, with a higher rate on each band. Enter the OMV to see what each band adds.

OMV

COE obtained

ARF payable

$48,000

$40,000 OMV · COE obtained: From Feb 2023 · before VES and EEAI rebates

Effective rate120%ARF as a share of OMV

Top band140%rate on the last dollar of OMV

OMV band	Rate	ARF
$0 – $20,000	100%	$20,000
$20,000 – $40,000	140%	$28,000

ARF rates by OMV

Cars with COEs obtained from the 2nd bidding exercise, February 2023

OMV band	ARF rate
First $20,000	100%
$20,001 to $40,000	140%
$40,001 to $60,000	190%
$60,001 to $80,000	250%
Above $80,000	320%

Cars with COEs from the 2nd February 2022 exercise to the 1st February 2023 exercise paid 100% on the first $20,000, 140% up to $50,000, 180% up to $80,000 and 220% above that. Before February 2022, everything above $50,000 was taxed at 180%.

Figures are for illustration only and are before any VES or EEAI rebate or surcharge. The ARF you pay is what your PARF rebate is worked out from, and the ARF guide explains how it fits into the price of a car. Source: LTA.