Can I cancel my vehicle purchase because of the PARF change? / How will dealers and buyers who signed purchase agreements before 12 February but have not secured COEs be supported during this transition? 

Question

Can I cancel my vehicle purchase because of the PARF change?  /   How will dealers and buyers who signed purchase agreements before 12 February but have not secured COEs be supported during this transition?

Accepted Answer

Vehicle purchase agreements are commercial contracts between buyers and motor dealers.

Buyers who have entered into purchase agreements prior to the announcement but have yet to secure a COE may wish to discuss with their respective dealers to reach a mutually acceptable agreement.

Can I cancel my vehicle purchase because of the PARF change? / How will dealers and buyers who signed purchase agreements before 12 February but have not secured COEs be supported during this transition?

Related questions

Why are buyers subject to the prevailing PARF rebate at the point of registration based on the date the COE is obtained rather than at the point of sale? / Can the effective date be deferred to allow affected buyers time to adjust?

Will banning dealers from bidding possibly reduce COE prices?

Which vehicles are affected by the revised PARF rebate?

Do Private Hire Vehicles (PHV) contribute to higher COE prices?

Can I cancel my vehicle purchase because of the PARF change? / How will dealers and buyers who signed purchase agreements before 12 February but have not secured COEs be supported during this transition? 