Scrap Car Singapore

Singapore, being well known for its strict private vehicle ownership policy, many who do not reside in Singapore would have also heard of the Certificate of Entitlement (COE). However, what happens after the COE expires and what are the options available for you? COE Is Required For All Cars As we all know it, COE gives you the right to own and use a vehicle in Singapore, and that the expiry date of it is set to 10 years upon first registering a brand-new car here. After 10 years, cars in Singapore cannot be driven on Singapore roads unless the COE is renewed. It is illegal to drive a car without valid COE. There are several options available that must be decided before the COE expires. Namely, renewing the COE and selling/scrapping your car. 1.     Renewing The COE You can renew the COE by paying the Prevailing Quota Premium (PQP) (moving average of COE prices in the last 3 months) for your vehicle category for and have the option of renewing it for 10 years or 5 years. It is to note that if you choose the 5-year option, you will not be allowed to renew again and will have […]

The Singapore Green Plan 2030 is an exciting and ambitious plan that showcases our country’s unwavering commitment to creating a more sustainable and liveable future. The gradual phase-out of diesel vehicles starting in 2025 is a key initiative that highlights our government’s dedication to achieving this goal. In this article, we will provide you with a comprehensive understanding of why this plan is necessary, what it entails, and how it will benefit our environment and public health. We will also address some of the most common questions people have about this plan, Understanding the Diesel Vehicles Ban Starting from 2025, our government will begin restrictions on the registration of new diesel vehicles and they intend to phase out all Internal Combustion Engine Vehicles by 2040. Existing diesel vehicle are not affected by this diesel ban and can remain on the road after 2025. Currently, the plan for entirely phasing out existing diesel vehicles have yet to be developed. This move is a step toward lowering air pollution and enhancing public health in Singapore. High quantities of pollutants, such as nitrogen oxides and particulate matter, are produced by such diesel vehicles. When breathed in, this damages the cardiovascular and respiratory systems. […]

If you have had your vehicle for nearly a decade, you would know that its Certificate of Entitlement, or COE, is fast approaching its expiration date. This means that you either need to deregister it for scrapping, or renew the COE to extend it for another 10 years. Deregistering your vehicle for scrapping Scrapping your vehicle within 10 years of getting it registered allows you to collect the Preferential Additional Registration Fee, also known as the PARF rebate. This amount is a percentage of your vehicle’s original production cost, which depends on each vehicle. If you are looking to get a new car, then making your current vehicle into a scrap car Singapore will be the better option for you. Renewing your vehicle’s COE Alternatively, in the case where you want to continue using your car after the 10-year mark, renewing its COE would be the solution for you. You will need to pay the Prevailing Quota Premiums (PQP), or the cost of renewing your car’s COE. This amount is the average of the previous three months’ COE prices. If you do decide to renew the COE, it is recommended that you pay the PQP before the vehicle’s expiration date, […]