Scrapping 10 year old car.

[Picanto]

Renew cfm bo hua coz lose parf

 

I suggest option 3-get a 6-7 year old car and drive until scrap. Gamble on coe fall next time. Buy march 2010 paper value super low, if coe crash, pants cfm drop

 

if parf is low, then no point getting it. those 6-7 yrs old car not worth it. may have to spend a few Ks for repairs

[Newdrive]

if parf is low, then no point getting it. those 6-7 yrs old car not worth it. may have to spend a few Ks for repairs

 

depends lah dats why prior checks is important...

 

i bought a 7 year old vios recently... spent less then 1k to fix some issues... the rest already fixed by dealer before handing over to me.

 

just had some patience searching for one... then sent for AAS check.

[Hosaybo]

depends lah dats why prior checks is important...

 

i bought a 7 year old vios recently... spent less then 1k to fix some issues... the rest already fixed by dealer before handing over to me.

 

just had some patience searching for one... then sent for AAS check.

 

you send for aas check before you buy? dealer do for you?

 

[Pisces69]

you are the smartest around here, not me

 

 

Thank you.

[Newdrive]

you send for aas check before you buy? dealer do for you?

 

yup.

[Wintersonata]

COE due in 1 week time.

PARF Rebate amount about $12k.

Don't intent to get a new car.

Should i just scrap via authorized scrapyard or try to export it?

It's a Hyundai Sonata.

 

Only saw 3 approved scrapyard operators below.

http://www.onemotoring.com.sg/publish/onem..._operators.html

They offered from $50 - $150 bucks for scrap value.

Edited December 27, 2012 by Wintersonata

[Mazdaowner]

COE due in 1 week time.

PARF Rebate amount about $12k.

Don't intent to get a new car.

Should i just scrap via authorized scrapyard or try to export it?

It's a Hyundai Sonata.

 

If you can get a higher price exporting it out why not? You will need a dealer to do the exporting.

[Wintersonata]

If you can get a higher price exporting it out why not? You will need a dealer to do the exporting.

 

Reading the threads below, the dealer will try to take a cut off the PARF?

 

Saw a few more scrapyards below, but not sure if it's LTA approved.

http://www.xpatxperience.com/vehicles/sing...pping_car.shtml

Edited December 27, 2012 by Wintersonata

[Roh96]

Reading the threads below, the dealer will try to take a cut off the PARF?

 

Correct, the dealer will cut a few K off the parf value. No one is going to pay you full parf value, otherwise what do they earn?

[Wintersonata]

Correct, the dealer will cut a few K off the parf value. No one is going to pay you full parf value, otherwise what do they earn?

 

Yeah, but i am not getting another car.

So no point getting a dealer involved in this case?

Anyway to get a higher car body scrap value?

Had called all 3 LTA authorized scrapyards.

Edited December 27, 2012 by Wintersonata

[Amazon777]

Reading the threads below, the dealer will try to take a cut off the PARF?

 

Saw a few more scrapyards below, but not sure if it's LTA approved.

http://www.xpatxperience.com/vehicles/sing...pping_car.shtml

 

Since Sep 2008. LTA allows FULL PARF rebate to be refunded in CASH to owners who scrapped their car. Car exporters can only play with the "body value" at a discount

 

http://app.lta.gov.sg/apps/news/page.aspx?c=2&id=1955

Edited December 27, 2012 by Amazon777

[Wintersonata]

Since Sep 2008. LTA allows FULL PARF rebate to be refunded in CASH to owners who scrapped their car. Car exporters can only play with the "body value" at a discount

 

http://app.lta.gov.sg/apps/news/page.aspx?c=2&id=1955

 

LTA allows FULL PARF cash rebate

http://motoring.asiaone.com/Motoring/News/...0701-74024.html

 

How does these guys earn money if they are paying above scrapyard value?

http://www.olx.com.sg/we-offer-the-highest...s-iid-404978995

http://www.olx.com.sg/wanted-scrap-cars-an...t-iid-156589808

Edited December 27, 2012 by Wintersonata

[Mazdaowner]

Reading the threads below, the dealer will try to take a cut off the PARF?

 

Saw a few more scrapyards below, but not sure if it's LTA approved.

http://www.xpatxperience.com/vehicles/sing...pping_car.shtml

 

How to when it's in black and white?

[Sevenseven]

Anyone have a scrapyard to recommend?My In law Nissan Latio is due for scrap.wonder how much can the body fetch.TIA.

[MTMQuattro]

Anyone scrapping a lexus gs300? I need some parts to swop from my car... Please pm me thank you!

[Hosaybo]

Think current situation too many cars for export and so value above parf is minimal. But minimum should get a low hundreds. Try calling those exporters to check if you want more. If want no hussles, just get dealers to do it for u or thru AA if you are a member.

[Hamburger]

Think current situation too many cars for export and so value above parf is minimal. But minimum should get a low hundreds. Try calling those exporters to check if you want more. If want no hussles, just get dealers to do it for u or thru AA if you are a member.

 

if through AA, its basically zero if i remember correctly.

[Watwheels]

http://news.asiaone.com/news/singapore/more-caught-deregistered-vehicles

 

More caught with deregistered vehicles

 

The number of people prosecuted for keeping deregistered vehicles - which are supposed to be scrapped or exported - has soared.

According to the Land Transport Authority (LTA), 432 were charged in court in the first seven months of this year. That works out to an average of 62 per month - the highest in at least five years.

The average monthly figure from 2010 to 2014 ranged between 44 and 57. The actual figure could be much higher, as it is hard to detect deregistered vehicles in a population of almost one million vehicles.

A spokesman for the LTA said it relies on its enforcement officers who do random checks in their daily patrols. He said the authority also "follows up on feedback received from members of the public on deregistered vehicles".

Motor industry sources said the spike in cases could be fuelled by a shortage of export-processing zones (EPZs), where deregistered vehicles are kept under lock and key before they are exported.

From a peak of 12, the number of EPZs has dwindled to two following a dry spell for deregistrations between 2009 and 2013.

But deregistrations started to pick up sharply last year and are expected to continue rising for the next three years.

 

Not all offences are because of a dearth in authorised storage space.

Motor trader Anthony Lim said he is facing charges for not keeping a deregistered Ferrari he was exporting in an EPZ. "My dealer said for such a high-end car, he did not want to take the risk of it being damaged in a crowded EPZ," he said.

Car exporter C. S. Ng said falling overseas demand for old used cars may be a contributing factor. "Last time, you may get $5,000 for a car if you export it but, today, you won't get more than a few hundred dollars for the same car," he said.

Because of this, some motor traders take the risk of not putting their deregistered cars in an EPZ, which charges around $200 per month per car.

Another motor industry player said some offenders are simply out to cheat.

"They would drive across the Causeway, get their export documents stamped by Customs, and then return to Singapore later," said the veteran trader, who did not wish to be named.

With the stamped export documents, these rogue traders will claim the scrap rebate from the LTA, and continue to make use of the deregistered vehicle, sometimes with a fake number plate.

 

"Some even rent out these cars to unsuspecting third parties," the trader said.

The LTA said any person who uses or keeps an unregistered vehicle can be fined up to $2,000 or jailed for up to three months. Repeat offenders can be fined up to $5,000, or jailed for up to six months.

Those convicted have been slapped with stiffer penalties when several vehicles are involved.

In 2006, the manager of three motor trading firms was sentenced to 28 weeks' jail for such an offence involving 30 vehicles.

The prosecutor had urged the judge to impose a deterrent sentence because the number of offences had soared, and because detecting such cases was "very difficult''.

Given the high cost of cars here, the rewards still seem to be worth the risk of getting caught - going by the noticeably higher number of prosecutions so far this year.