Scrap vs Export

[Longbownet]

Hi bros, need some advise here.

 

What's the difference btwn scrapping and exporting my car in monetary terms? I know i can get the figures for PARF and COE rebates from OneMotoring website. But the car body value is not included right? How can I get that figure?

 

Thanks in advance!!

[Tomazsky]

I believe the vehicle body value will be quote by the car dealer or scrap yard dealer when upon discuss the terms...

 

Please correct me if it is wrong.

[Smartmax85]

have PMed u my explanation. kinda long. lol

[Longbownet]

roger that.

[Robo]

eh... y not post here and share...

[Smartmax85]

no problem share with u.

if rebate is high then vehicle most prob will be exported

low then sold in local market. so price of car varies =)

cannot fully depend on rebate. have to get quotes from dealer

[Spinworkx]

It all depends on the conditin of your car and the make model of it...

For me, i recently scrapped my 3yr old Getz because the PARF plus COE i got back 19.5k, if i export i get 21k, difference of 1.5k...

 

BUT, to export, i have to revert back everything to stock and in good condition...by the time i dekit and revert back, the amount of money i have to spend doesn't justify the $ and time spent on doing so, so in the end i decided to scrap the car...

[Ah-Ho]

have PMed u my explanation. kinda long. lol

 

 

Can also pm me please :( THanks

 

Btw,, My car info as follow

 

Open Market Value: $16,556.00

Original Registration Date: 10 Nov 2004

First Registration Date: 10 Nov 2004

Transfer Count: 1

Intended PARF Rebate Details

PARF Eligibility: Yes

PARF Eligibility Expiry Date: 09 Nov 2014

PARF Rebate Amount: $13,659.00

Intended COE Rebate Details

COE Expiry Date: 09 Nov 2014

COE Category: A - Car (1600cc & below) & Taxi

COE Period(Years): 10

QP Paid: $23,784.00

COE Rebate Amount: $12,506.00

Total Rebate Amount: $26,165.00

The information contained herein is correct as at 03 Aug 2009

 

May i ask is the $26,165.00 the actual amt i will get back ? Or more ?? lol

Anyone can advise me please

 

Thanks so much

[Ladykillerz]

Hi Ah-Ho,

 

$26,165.00 is the paper value.

If you sell it to 2nd hand car dealer or trade-in your car, you might be able to fetch somemore money from your car body..

[Ah-Ho]

Hi Ah-Ho,

 

$26,165.00 is the paper value.

If you sell it to 2nd hand car dealer or trade-in your car, you might be able to fetch somemore money from your car body..

 

 

Bro.. any idea how much more? more than 3k ? Need to pay back bank arhh.. lol

[Chickensoup]

$26165 is the rebate amount from LTA. Car Body for export can be worth up to $3K. Scrap is another thing.

 

If scrapping the car, means you can remove hifi, door panels and rims/tyres, etc....surely the dealer will not allow because he is going to sell whole car to someone locally or overseas.

 

 

[Ah-Ho]

$26165 is the rebate amount from LTA. Car Body for export can be worth up to $3K. Scrap is another thing.

 

If scrapping the car, means you can remove hifi, door panels and rims/tyres, etc....surely the dealer will not allow because he is going to sell whole car to someone locally or overseas.

 

 

Oic,, no wonder i called the scrap yard this afternoon. They told me they give extra $50 only.

So i better look for dealer instead. Thanks.

If u heppen to know any good dealer, kindly let me know.

[Chickensoup]

Oic,, no wonder i called the scrap yard this afternoon. They told me they give extra $50 only.

So i better look for dealer instead. Thanks.

If u heppen to know any good dealer, kindly let me know.

Exporters are Prime leasing, Forward motors.....you can also find dealers in Classified ads.

 

For scrap yard they should offer you $500 to $800 and they can be found at Sungei Kadut. They strip out all parts for resale Take a drive in there and stop to check the prices. Those that offer $50 are National iron and steel mill, they only melt your car for iron.

[Ah-Ho]

Exporters are Prime leasing, Forward motors.....you can also find dealers in Classified ads.

 

For scrap yard they should offer you $500 to $800 and they can be found at Sungei Kadut. They strip out all parts for resale Take a drive in there and stop to check the prices. Those that offer $50 are National iron and steel mill, they only melt your car for iron.

 

OKie okie,, Thanks a million bro :)

[Lexusls460]

now coe so high, who still want to export?