e60 scrap value
- Thread starter thongsoon
- Start date
theboysact
Active Member
Re: e60 scrap value
For those who recently scrapped your E60, how much body value you get above the paper?
For those who recently scrapped your E60, how much body value you get above the paper?
leekokshiong
Well-Known Member
Re: e60 scrap value
I just enquired today, current body about 3k.
I just enquired today, current body about 3k.
leekokshiong
Well-Known Member
Re: e60 scrap value
its Export. My COE is due in 3 months time so just called an exporter to check it out.
its Export. My COE is due in 3 months time so just called an exporter to check it out.
theboysact
Active Member
Re: e60 scrap value
Hmm last year someone told me can get 4k
Hmm last year someone told me can get 4k
Edy Seng
Member
Re: e60 scrap value
Bro, can try on facebook to search for sg scrap & check it out.
One of the facebook
https://www.facebook.com/pages/Singapore-whole-body-scrap-car/539780796115092
Bro, can try on facebook to search for sg scrap & check it out.
One of the facebook
https://www.facebook.com/pages/Singapore-whole-body-scrap-car/539780796115092
crusader318i
Well-Known Member
Re: e60 scrap value
Have full set stock body kit for E60 lci to clear - used
sms 98591766
Have full set stock body kit for E60 lci to clear - used
sms 98591766
williamhha
Member
Re: e60 scrap value
What color is your ride?
crusader318i;1117254 said:
What color is your ride?
Re: e60 scrap value
Hey guys helping my parents to get a car that is not as costly to use for the time being while waiting for the COE to drop. Chanced upon this article but how is that possible he gets that amount when some users claim they only receive 2-4k?
Link to article: Why businessman Paul Lim is drawn to old cars by the numbers, Motoring News & Top Stories - The Straits Times
Hey guys helping my parents to get a car that is not as costly to use for the time being while waiting for the COE to drop. Chanced upon this article but how is that possible he gets that amount when some users claim they only receive 2-4k?
Link to article: Why businessman Paul Lim is drawn to old cars by the numbers, Motoring News & Top Stories - The Straits Times
mercur1al
Well-Known Member
Re: e60 scrap value
No, I am not sure if that was the case in the past but not now.
I just exported my 325i last month. What I did was, pass the car to exporter. Exporter will pay you body value in cash.
From there you have 2 options:
1. Exporter does de-registration paperwork etc for u and pays you parf rebate/residual COE in cash, minus 1% admin fee.
2. You do everything yourself, and LTA mails you a cheque for the full sum of rebate.
I went for option 2, mainly because I didn't see a point in paying 1% for such a simple job. What I did was, the following day after handing my car to an exporter, head down to LTA, de register my car. Took 5 mins.
Subsequently, wait for the exporter to send documentary proof that my car has been exported to LTA, and then login using Singpass to encash the PARF rebate.
It's easy and fuss free, but longer waiting time. If you don't need the PARF rebate urgently, its a viable method.
However, take note that you got to get it to an exporter you trust. LTA informed me when I deregistered my car that they expect to receive export documents from the exporter within a one month period, otherwise I might get fined. Therefore, please find a trusted exporter, and the onus is on you to bug the exporter to ensure the documents get sent to LTA on time.
Jumb0;1125426 said:Right and we are only able to use PARF rebate when we register another car under our name be it used/new right? Thanks for clearing that up for me mercur1al
No, I am not sure if that was the case in the past but not now.
I just exported my 325i last month. What I did was, pass the car to exporter. Exporter will pay you body value in cash.
From there you have 2 options:
1. Exporter does de-registration paperwork etc for u and pays you parf rebate/residual COE in cash, minus 1% admin fee.
2. You do everything yourself, and LTA mails you a cheque for the full sum of rebate.
I went for option 2, mainly because I didn't see a point in paying 1% for such a simple job. What I did was, the following day after handing my car to an exporter, head down to LTA, de register my car. Took 5 mins.
Subsequently, wait for the exporter to send documentary proof that my car has been exported to LTA, and then login using Singpass to encash the PARF rebate.
It's easy and fuss free, but longer waiting time. If you don't need the PARF rebate urgently, its a viable method.
However, take note that you got to get it to an exporter you trust. LTA informed me when I deregistered my car that they expect to receive export documents from the exporter within a one month period, otherwise I might get fined. Therefore, please find a trusted exporter, and the onus is on you to bug the exporter to ensure the documents get sent to LTA on time.
