5 Tips for Car Scrapping in Singapore

After working for several years, you might want to get a new car because you finally saved some money for it. However, you still have to get rid of your old car before you get a new one because it would be a hassle to keep both of them. One way you can dispose of it is to choose the “scrap my car” option in Singapore. Here are some helpful tips about car scrapping: 

1. Start Early    

Do not wait for the COE to expire. If it does, then there is a need to call for a towing service to bring your car to the scrapyard. It’s quite expensive to do this, so better do all the important preparations beforehand. 

2. Consider the Current Demand

Before deciding to scrap or export it, make sure to check out the current state of the car market. See to it that your car is among the most in-demand models so that you’ll get a good price for scrapping it. 

3. De-register Your Car

You need to settle all your outstanding loans and taxes before you can scrap your car. Doing this allows you to de-register your car at the LTA or Land Transportation Authority. Once done, the junkyard will possess the rights to your car. 

4. Apply Your PARF and COE Rebate Online

Part of de-registering to apply for a PARF and COE rebate. Although you can go to “10 Sin Ming Drive” to do this, it is better to do it online to make it less hassle. You just need to log in using your Singapass ID for the encash application. 

5. Look for a Reliable Car Dealer

If you don’t want to go through the hassle of car scrapping, then you should look for a scrap car dealer in Singapore. They can assist you with the deregistering process, as well as, deal with the junkyard owner. 

Aside from selling your car in Singapore, you have the option to scrap it out. If you chose the latter, then consider seeking the help of a car dealer like SgCarTrade.

Resource:
https://www.scoop.it/topic/qiongjoone/p/4119820617/2020/07/17/5-tips-for-car-scrapping-in-singapore