A Look at the Different Types of Vehicle Disposal Services Available in Singapore

When it comes time to get rid of their old car in Singapore, car owners have a few different options to choose from. Whether your Certificate of Entitlement (COE) is about to expire, your car is also recycled and no longer roadworthy, or you’re simply looking to scrap your car to buy a new car, it’s important to understand the vehicle disposal process in Singapore. In this post, we’ll take a closer look at the main types of vehicle disposal services available.

Scrapping Your Car

One of the most common ways to dispose of your car in Singapore is by scrapping it. This involves deregistering your vehicle with the LTA (Land Transport Authority) and then taking the vehicle to an LTA-appointed scrapyard. Many car owners choose to engage the services of a scrap car dealer or agent to handle this process for them.

When you scrap your car in Singapore, the scrap value of your car is determined by a few factors, including the Preferential Additional Registration Fee (PARF) rebate and COE rebate. The PARF rebate is based on the age and de-registration value of your car. You can check your estimated PARF rebate using your SingPass.

To properly dispose of your vehicle by scrapping, you’ll need to:

1. Deregister the vehicle with LTA (can be done online)
2. Settle any outstanding car loans and road tax
3. Submit proof of disposal within 1 month after deregistering your vehicle

There are many trusted scrap car dealers in Singapore that can handle the entire process for you, from evaluating your car to collecting your vehicle and submitting the necessary paperwork to LTA. This is often the most convenient and hassle-free option for car owners who are looking to scrap an old and not roadworthy vehicle.

Exporting Your Car

Alternatively, if your car is still in relatively good condition but is high-mileage or you think you can get more money by selling it overseas, you may choose to export it instead of scrapping.

To export your car, you’ll first need to deregister it with LTA. You then have the option of either exporting the car yourself or going through a car exporter. Keep in mind that you’ll still need to submit proof of export to LTA within 1 month of deregistration.

One advantage of exporting is that you may be able to get a higher price for your car than if you were to scrap it locally, especially if it’s a make/model that’s in demand in other countries. However, the process can be more involved and time-consuming than scrapping.

Selling to a Dealer

A third option is to sell your car directly to a used car dealer. Some dealers specialize in buying older or high-mileage cars. This allows you to encash the value of your old vehicle without having to go through the deregistration process yourself.

However, keep in mind that car dealers are businesses and need to make a profit, so the price they offer may be lower than what you could get by selling the car privately. Get quotes from a few different dealers to ensure you’re getting a fair price.

Renewing Your COE

If your car’s COE is expiring but the vehicle is still in good condition, you have the option to renew your COE and continue driving it. How much it costs to renew depends on the Prevailing Quota Premium (PQP).

Factors like supply and demand, economic conditions, and government policies can all impact COE premiums. You’ll need to weigh the cost of renewing against the benefits of continuing to own the car to determine if it’s worthwhile.

Disposing of Your Car and Going Green

When a vehicle is deregistered and scrapped, many parts of the car are also recycled, which helps to reduce waste and minimize the environmental impact. Properly disposing of your vehicle through an authorized scrapyard or export facility ensures that it’s recycled responsibly.

In Singapore, there are also incentives for car owners who dispose of their old vehicles and switch to electric cars. The government offers rebates and tax incentives under the EV Early Adoption Incentive (EEAI) scheme to encourage more people to drive electric vehicles. If you’re thinking of scrapping your old car and buying a new electric one, these incentives can help offset some of the costs.

Taking the Next Steps

Whether you choose to scrap, export, sell, or renew, there are several vehicle disposal services available to car owners in Singapore. By understanding the different options and their pros and cons, you can make an informed decision about what to do with your car when it’s time to get rid of it.

Consider factors like the age and condition of your vehicle, your budget, and your timeline when choosing a disposal method. And remember, whether you go through the LTA, a scrap car agent, or a dealer, it’s important to work with reputable providers to ensure a smooth and hassle-free process.

If you’re ready to get rid of your old car, we recommend getting a free quote and vehicle assessment from ScrapCar.com.sg. As one of the leading scrap car dealers in Singapore with hundreds of 5-star reviews, you are assured of reliable, convenient, and transparent scrap car services. Give us a call today to see how much your car is worth and start the scrapping process.

For More Helpful Guides and Resources:

Process of Deregistering Your Vehicle
Deregistering your vehicle is the first step to scrapping it. Get a detailed walkthrough of the LTA deregistration procedure and what documents you’ll need.

Maximizing Your PARF and COE Rebates
Curious how much PARF and COE rebate you could get for your vehicle? Read our comprehensive guide on calculating these amounts accurately.

Tips to Get Highest Value for your Scrap Car
Learn useful tips on how other car owners just like you successfully scrapped their old vehicles with ScrapCar.com.sg and got the best value for their unwanted cars.

The Benefits of Changing to an Electric Vehicle
Thinking of switching to an electric vehicle after scrapping your petrol or diesel car? Learn how you could save money with Singapore’s EV Early Adoption Incentive program.