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Car scrap & body value


Turbonetics
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Ok, i just want to see how much i can get back.. Lose too much $$$ liao, Like tat means I lose more than 12k for few mths of driving. I pay 15k+ for body value few mths back. Think I just drive until scrap

 

 

Hey, u still int in selling your 2006 mazda6? PMme, been looking for one

 

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hi guys,

if you like to scrap your car before expire of c.o.e. please call adam at 6010-4300484. i will buy your car in cash. any car, any type of body, any brand especially mpv's or sedan. u can drive your car to JB i will pay cash for it.

you can email the car photo to my inbox at [email protected] thanks.

 

Interesting, but how can we official proof that the car had been deregister in the eye of local law?

Isnt there's a set of paperwork had to be done prior of us getting back our PARF?

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Neutral Newbie

1. All PARF rebates are valid for 12 months from the date of

deregistration.

2. It can be used to offset the various upfront vehicle fees when you

register a new car. ARF, COE, Quota premium, registration fee.

Any excess not used is forfeited.

3. You can tranfer the PARF rebate to another person if you do not

use it. A S$10 fee is payable for every transfer.

 

So, u can transfer your PARF to other person before you drive your car to JB and sell it to me. Good idea, isn't it.

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1. All PARF rebates are valid for 12 months from the date of

deregistration.

2. It can be used to offset the various upfront vehicle fees when you

register a new car. ARF, COE, Quota premium, registration fee.

Any excess not used is forfeited.

3. You can tranfer the PARF rebate to another person if you do not

use it. A S$10 fee is payable for every transfer.

 

So, u can transfer your PARF to other person before you drive your car to JB and sell it to me. Good idea, isn't it.

 

You have to submit the de-registration application form plus the vehicle to any one of the appointed scrapyard operator to de-register your car.

 

They will do an online submission, only then you will receive your parf/coe rebate from LTA.

 

If drive to JB, how to submit car for de-registration? At the minimum, they need your engine and chassis.

 

Btw, parf/coe rebate can be encashed from LTA cheque from 1 Sep 2008, why need to transfer?

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I think LTA WILL need the export documents in order to deregister your car. So meaning, no export documents no deregister no parf rebate. :)

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I think LTA WILL need the export documents in order to deregister your car. So meaning, no export documents no deregister no parf rebate. :)

 

if i self export leh?

 

assuming i have a workshop there to park my car.

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hi guys,

 

if you like to scrap your car before expire of c.o.e. please call adam at 6010-4300484. i will buy your car in cash. any car, any type of body, any brand especially mpv's or sedan. u can drive your car to JB i will pay cash for it.

 

you can email the car photo to my inbox at [email protected] thanks.

I believe if u are able to juz simply buy the car from us as a direct buyer-seller transaction, there will be much better response from the people here...

 

Honestly speaking, I dun trust doing transaction this way, seems sleazy...

 

Btw, I dun think u are allowed to post your services openly like tat. U might wanna get a sponsor status from MCF.

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Hi general question. If u buy a car today with an omv of 50k, the ARF is 62k, COE is 85k, if export/scrap at 23rd month, u will get:

75% of 62k= 46500

80% of 85k= 68000

Total 46500+68000= 114500?

 

If scrap at end of 10year, get back 50% of ARF which is 31000?

Edited by Chucky2007
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I didnt want to start any topic so I 'borrow' this thread to ask this. Apologise if this is not the correct protocol.

 

Assuming, COE prices never moved much since Feb 2008, ie Cat B COE was still at $16k+-, how much would a Feb 08 Civic, at $16k COE , with OMV of $21k be able to fetch if sold to a car dealer now?

 

Is there any way to estimate?

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You can look at this thread for what Quotz (a SGCarmart service) is offering.

 

It appears that Lancer Auto will fetch close to 1k. E200 probably 3k?

 

Just very surprised that the Honda body values are so low.

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If your car is due for scrap/export, the easiest and best way to sell it to to a used car dealer.

 

Reason being that the paper value of such cars is fixed. Only variable is the body value.

You might get back more money should you try to dismantle the car and sell it in parts, but your upside is very limited. Probably in the low hundreds for Japanese cars. The additional money is not worth the work involved.

 

When selling to dealers, price is always a function of competition. ie, the more dealers competing for your car, the higher the price.

 

At sgCarMart Quotz, we offer the service of helping you source for the price from multiple car dealers, exporters and scrap yards.

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