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01 Sep 2007 | Text and photos by Amery Reuben | Category: Car Ownership Advice
The Off-Peak Car (OPC) scheme gives drivers a sumptous $17,000 off the COE. But what else do you need to know about the scheme?
|All off-peak cars must have a seal affixed onto the number plate by an authorized inspection centre.|
The OPC (Off-Peak Car) scheme was introduced by the Singapore government to curb the amount of vehicles on the road during peak hours. For newly registered cars, there is an attractive upfront rebate of S$17,000 off the COE (Certificate of Entitlement) and ARF (Additional Registration Fee) in exchange for the reduced usage. There is also a S$800 discount per year from the normal car road tax, subject to a minimum road tax payment of S$50 a year. An OPC is marked by a red car plate to separate them from normal cars.
In the event that you wish to convert the OPC to a normal car, you would have to pay the government a pro-rated refund on the OPC rebate based on the number of years of COE left for the car.
When can I use my OPC
|Saturday and Eve of 5 major Public Holidays*||3pm onwards|
|Sundays and Public Holidays||No restriction|
Usage of OPC during restricted hours
|A supplementary license has to be purchased for usage of OPC during restricted hours. The supplementary license can be bought during office hours from the following places:
Failure to display or usage of invalid supplementary license during restricted hours is a serious offence. Offenders can be fined up to S$20,000 and/or imprisoned up to 12 months.
Click here to view an updated article on the Off Peak Car scheme
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