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After deregistering your car in Singapore, scrapping is one of the LTA (Land Transport Authority)-approved ways you can choose to dispose of the vehicle. Unfortunately, fraudulent practices aren’t uncommon in the car scrapping industry in Singapore. Today’s guide walks you through the top scams to look out for when scrapping your car and how to avoid them. Common Car Scrapping Scams in Singapore Here are the top scams people commonly fall victim to: 1. Getting a False Quote Scrapping your car at a scrap yard means that the scrap car agent will pay you money for your car before they become its owner and take it apart to sell as parts. Before hiring the services of a dealer, you will ask them to provide you with a car valuation. You may get defrauded by the offered quote as follows: 2. Haggling Price Upon Payment Once you deregister your car to transfer its ownership to the scrap yard, you get your previously quoted money. A common scam is when the dealer bargains the agreed-upon amount to pay you less when it’s time to collect.  3. Not Destroying the Car Many suspicious scrap car dealers often sell deregistered cars illegally. So after […]