Budget 2026: Car scrap value cut in half. Renew COE, scrap or switch to EV?

One of the changes in Budget 2026 is the halving of the maximum Preferential Additional Registration Fee (PARF) rebate for early deregistration of cars - from $60,000 to $30,000. But on the surface, this looks technical. On Viewpoint, Lynlee Foo speaks to Lee Nian Tjoe, Senior Transport Correspondent at The Straits Times to find out how this change could reshape behaviour in meaningful ways for car owners and the second-hand market.   For more Budget 2026 insights:https://www.moneyfm893.sg/whats-on/budget-2026/See omnystudio.com/listener for privacy information.