Scrap Car Singapore

January 29, 2022
a row of parallel imported cars

5 Factors That Change How Much Value Can You Get From Scrapping Your Car

October 15, 2018
Should I Scrap My Car Or Renew My COE?

Should I Scrap My Car Or Renew My COE?

If you have had your vehicle for nearly a decade, you would know that its Certificate of Entitlement, or COE, is fast approaching its expiration date. This means that you either need to deregister it for scrapping, or renew the COE to extend it for another 10 years. Deregistering your vehicle for scrapping Scrapping your vehicle within 10 years of getting it registered allows you to collect the Preferential Additional Registration Fee, also known as the PARF rebate. This amount is a percentage of your vehicle’s original production cost, which depends on each vehicle. If you are looking to get a new car, then making your current vehicle into a scrap car Singapore will be the better option for you. Renewing your vehicle’s COE Alternatively, in the case where you want to continue using your car after the 10-year mark, renewing its COE would be the solution for you. You will need to pay the Prevailing Quota Premiums (PQP), or the cost of renewing your car’s COE. This amount is the average of the previous three months’ COE prices. If you do decide to renew the COE, it is recommended that you pay the PQP before the vehicle’s expiration date, […]
November 27, 2017

Should I Sell My Car To A Buyer Or Dealer?

Most car owners in Singapore do not experience selling their vehicle often enough to be familiar with the process. When selling your vehicle, the most straightforward process is to sell to a direct car agent. This will save time and reduce hassle because all the administrative work will be done for you. The other option is to sell your car to a direct buyer, which will usually result in a higher offer for you car. It might be confusing to decide for most owners. Hence, we have written this article to guide you along. This article will be listing a few factors to consider that will help you make the best decision before you sell your vehicle. Time The most obvious to factor consider is time. Selling to a direct agent would take you a few days at most, provided that you find the quotation reasonable. Therefore, selling to the dealer is the best option if you are looking to get rid of your vehicle in the quickest amount of time. Selling your car to a direct buyer is trickier. You have to factor in time spent sourcing for a buyer. There is no guaranteed timeline so this process can […]
November 27, 2017
How do I sell my used car in Singapore

How Do I Sell My Used Car In Singapore?

There are many ways to get rid of your cars in Singapore. Some car owners prefer to send their car to LTA-appointed car scrap yard in Singapore while others may choose to sell the vehicles away. In this article, we will be looking at the two main ways that you can sell your car away. Selling To Car Dealers Choosing to sell your car to a car dealer can save you a lot of time. This is because you do not need to wait for a buyer to agree to buy your vehicle. By selling to dealers, they will be the ones to take care of all the necessary documentations and arrangement for you and all you have to do is to accept the dealer’s offer. However, selling to your car to dealers will yield a slightly lower price. If you believe the time and hassle saved from trying to look for a direct buyer is worth it, then selling to car dealers will be a very appropriate decision for you. Selling To End-Consumers Directly The second method is to sell to a direct-buyer. Often known as an owner-to-owner transaction, both parties will save on the middleman fees associated with […]
November 27, 2017
3 things to take note of when scraping your car in Singapore

3 Things To Take Note Of When Scraping Your Car In Singapore

In Singapore, scrapping a car might be a familiar process; after all, most of the time drivers need to give their cars after 10 years. In this article, we would be looking at 3 important things to take note of before you scrap your car in Singapore. Decide early There are many car owners that leave it to the last minute to make a decision on whether they should scrap their car. If your COE has expired, you may need to end up having to get your car towed and that means additional incurred cost. Thus, always start to do your research early and make your decision before the dateline comes. Compare options and prices You would want to give yourself ample time so that you can properly compare the different options in the market. Many scrap car dealers offers quotation with no obligation. Therefore, approach these companies to ask questions and compare the scrap value of your car to get the highest quoted price Request TPIN from ONE.MOTORING TPIN also known as transaction pin what you will need regardless of whichever scrap car dealer that you’ve engaged in. After requesting for your TPIN through ONE.MOTORING web-page, you will need […]
November 27, 2017
What is the process of deregistering a car in Singapore

What Is The Process Of Deregistering A Car In Singapore?

When your car’s 10-year certification of entitlement (COE) expires, you have the option of scraping the vehicle or renewing the COE. For car owners that decide not to renew the COE, you will have to prepare the vehicle for scrap. Typically, owners with car in poorer condition would decide to scrap the vehicle. Prior to sending it for car scrapping, you will have to de-register the vehicle. This is a process that is often left to last minute and results in a lot of panic and stress. Today we will walk you through the steps you should take to de-register your vehicle. Obtain a TPIN from LTA The Transaction PIN (TPIN) is a password that enables you to complete transactions via e-Services@ONE.MOTORING (Request for Transaction PIN). Even if you plan to engage an Electronic Service Agent (ESA) to assist the process, you will still be required to request for TPIN. Following your online request, you will need to wait 3 to 5 working days for a letter from LTA. In this letter, you will find your transaction Pin. It is recommended that early, preferably 2 weeks before the vehicle’s de-registration date or planned scrapped date, whichever comes first. Submit Required […]
September 18, 2017
Things To Do Before Scrapping Your Old Car in Singapore

Things To Do Before Scrapping Your Old Car in Singapore

Being a car owner carries with it a lot of responsibilities. There is a need to spend lots of money in its maintenance. This is one of the many reasons why owners choose to get rid of their old vehicle and get a new one. However, disposing the old or unwanted automobile is not an easy thing to do. There is a necessity to prepare for it. In this article, you will be presented with the different things you need to do before scrapping your old car in Singapore. Fix everything as early as possible. Upon making a final decision to dispose your car, the next thing that you need to do is to gather all the items or stuff found on the vehicle. Remove all valuables at least a week before the scheduled pick up of the automobile. If there are things that you need to fix, make sure to complete it as soon as possible. This is beneficial on your part it can help prevent forgetting important items. Get several quotes. When it comes to negotiating with scrap car dealers, the first thing you need to remember is the fact that they provide varying rates depending on several […]
September 11, 2017
How to Get The Right Value for Scrapping Your Car

How to Get The Right Value for Scrapping Your Car?

The goal of every car owner who wants to get rid of an old vehicle is to get the most return from it. By now, you are probably aware that there are several factors that affect the assessment value of an old automobile. If you are planning to dispose your car, it is important that you know these factors in order for you to determine whether there is a proper valuation given to your car. In this article, you will know some tips and tricks on how to get worthy value for scrapping your car. Gather Several Quotes This is where you need to compare and contrast the quotations given by the different companies engaged in scrapping cars in Singapore. It is recommended that you take some time first in contacting a lot of companies that can give you a reasonable value for your old automobile. Do not decide to get rid of your car at the very first scrapyard that you find. Continue to search for the right company that can give you the best rate. This is the best way to get more money from disposing your car. Be Transparent All The Time Do not try to conceal […]
September 11, 2017
How to Get the Best Out of Scrapping a Car

How To Get The Best Out Of Scrapping A Car?

There are many scrap car dealers in the city of Singapore. A lot of companies are engaged in buying old cars from owners who want to get rid of unwanted automobiles. These firms provide varying rates for their clients, depending on several factors. If you are a car owner who wants to dispose your old vehicle, then make sure to read the rest of the article. We will discuss the different factors that you need to know in order to get the best value for your old car. The first thing you need to know is the importance of working on the preparations before contacting a dealer. You have to be equipped with the necessary documents that may be required in order to process the scrapping of the vehicle. Make sure to get the certificate of registration for the vehicle. This document must be presented before a company can make an assessment. Hence, the initial step must be taken at least one or two months before the expiration date of the registration. The next thing that needs to be done is to examine the condition of your vehicle. It is an established fact that as time goes by, the value […]