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Bid / Buy / Sales of Vehicle Registration Numbers


Dennisk
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Thanks guys, never realise the part on the transfer counts, you mean the number of ownership figure will increase right?

 

I am trying to bid 2 sets of numbers, 1 unlikely to get and 1 likely to get, because i may not have time to wait for the weekly bidding. So just want to evaluate the various options.

 

If transfer both way be up 2 count.

 

Just keep all documentation. If the car condition is good i won't care abt transfer count.

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Married cert and Birth Cert should do the trick

Anyone know if go through this appeal to LTA, with the supporting documents, they will likely approve the transfer with no charges? And there also will not be additional transfer counts? Thanks
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By doing this you save $1300 but stand to lose a lot more in terms of the car resale value because of the 2 additional transfer counts.

Yes. U r rite. :)

Thanks guys, never realise the part on the transfer counts, you mean the number of ownership figure will increase right?

 

I am trying to bid 2 sets of numbers, 1 unlikely to get and 1 likely to get, because i may not have time to wait for the weekly bidding. So just want to evaluate the various options.

Yes, the transfer of car ownership...cos LTA dont allow us to sell number plates to another person... but LTA allows us to sell the plates with the car and retain it.

Anyone know if go through this appeal to LTA, with the supporting documents, they will likely approve the transfer with no charges? And there also will not be additional transfer counts? Thanks

U can try... depends how much u bid the numbers....

 

If $1001, i think dont waste ur time... if $10001... maybe they allow...

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I am also waiting for SMG, almost a month since SMF, hope it will be launched this friday.

I dun think SMF release almost a month. It shud be ard 2 weeks bah
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Neutral Newbie

If you successfully bidded a new number, you first have to get your FIL to transfer his car to your name. His car must be fully paid before he can transfer the car to you. Kindly note that there is a transfer count added to your FIL's car.

 

Once his car has been transferred to your name, you can put the bidded number that you successfully bid under your name to the car. Once done, you can transfer the car back to your FIL but there is another transfer count to your FIL car.

 

Meaning, this process can be done within 2 hours, but your FIL car will have additional 2 transfer count. You must also make sure your FIL's car is fully paid before this process can be done.

 

This process will help you save $1,300 retainment fee.

Hi,

 

When an existing car is transfer to another person for the purpose of registering a new/old vehicle number, LTA doesn’t bother if a valid vehicle insurance has been purchased to cover the car?

 

Thanks.

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Hi,

 

When an existing car is transfer to another person for the purpose of registering a new/old vehicle number, LTA doesnât bother if a valid vehicle insurance has been purchased to cover the car?

 

Thanks.

On the spot double transfer no need
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Hi,

 

When an existing car is transfer to another person for the purpose of registering a new/old vehicle number, LTA doesn’t bother if a valid vehicle insurance has been purchased to cover the car?

 

Thanks.

 

If you do it online, yes you need. because you need to wait for LTA to mail you the transaction pin. During this time,  you will need valid insurance. 

 

However, if you do the transaction at LTA, which it can be done within 2-3 hours, you do not need a valid insurance because they know the car is used as a tool to move the car plates.

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Neutral Newbie

If you do it online, yes you need. because you need to wait for LTA to mail you the transaction pin. During this time,  you will need valid insurance. 

 

However, if you do the transaction at LTA, which it can be done within 2-3 hours, you do not need a valid insurance because they know the car is used as a tool to move the car plates.

 

Thanks guys for replying to my doubts ...

 

I have secured Cat B COE during last week bidding. The car will only be registered 2-3 weeks later according to my sales rep. I'm considering to bid the SMG new VRN of 2-digits. This 2 digits are not those with "8" such as "88", "68"; double similar digits ... What is the safe bet to bid? I saw dealers over at sgcarmart selling like $4k-$5k kind of price ...

 

If successful, i will retain my current number (also bidded few years ago) to be transferred to my wife's car which i just renewed 10 years COE for her ... which means additional $25 + $ 1300 + $25 ...

 

TIA ...

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Thanks guys for replying to my doubts ...

 

I have secured Cat B COE during last week bidding. The car will only be registered 2-3 weeks later according to my sales rep. I'm considering to bid the SMG new VRN of 2-digits. This 2 digits are not those with "8" such as "88", "68"; double similar digits ... What is the safe bet to bid? I saw dealers over at sgcarmart selling like $4k-$5k kind of price ...

 

If successful, i will retain my current number (also bidded few years ago) to be transferred to my wife's car which i just renewed 10 years COE for her ... which means additional $25 + $ 1300 + $25 ...

 

TIA ...

Double digit... a safe bid shud be $6-8k. Cos SMG might be dealer’s fav...

 

If u wanna retain ur current plate to ur wife, u need to transfer ownership of ur car to ur wife... then pay $1300 to retain the plate and transfer ur car back to ur name. (Provided u have fully paid ur car or if u r trading in ur car, the salesperson is okay for increase in transfer count.)

 

Alternatively, u can pay $1,300 to retain under ur name first. Then find a dealer to lend u a car that is abt to scrap... (which they dun bother abt transfer count but there’s a fee abt $200-500). Then the dealer transfer their car to u... and u put ur retained plate to that car... then transfer the car to ur wife... then ur wife pay another $1,300 to retain under her name.

 

Or, u can pay $1,300 to retain the plate first... then ask ur wife to trf her car under ur name. (The car must be fully paid) then u put the retained plate to the car and transfer the car back to ur wife.

 

:)

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Neutral Newbie

Hi, need advice. I'm new on this bidding. I just got my 2nd hand car at end of August. And I went online to bid for new VRN. Apparently my bid was successful. So what should I do next?

As i went onemotoring online to manage/replace VRN into the bid number, after when i log in and enter in, apparently portal state no record found. I'm loss. Should i check with my dealer or how should I register and replace the VRN?

 

Thank you in advance for the advice.

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