Just like buying a car, getting rid of your old car is difficult too. In Singapore, there are several options available, but the main question is, which is the best one to take?
Let us discuss them one-by-one:
1. Donate the Car
The quickest and easiest way to get rid of your car is to donate it to non-profit organizations, and they are more likely to leave you with a tax receipt.
2. Sell It Yourself
There are two ways to sell your used car by yourself in Singapore. One is to post ads in newspapers, and the other is to use social media like Facebook to market your car publicly.
3. Consider a Private Party Sale
If selling it by yourself is too overwhelming for you, then why not consider selling it through a private party sale. All you need to do is wait for someone willing to buy it.
4. Scrap It Yourself
“I want to scrap my car by myself”—if you have the same thinking, that’s great because if you do it yourself, you can get the full paper value, including the road tax. Just drive to the nearest LTA-appointed scrapyard and wait for three to four weeks to get the money.
5. Sell It to a Scrap Car Dealer
For hassle-free documentation, you can sell it to a scrap car dealer in Singapore. That way, you don’t have to wait, and you get can the payment right away.
6. Sell It to a Car Exporter
If you want to get rid of your car and you don’t want to see it ever again in Singapore, you can look for car exporter. They can sell your car to the neighbouring country.
7. Sell It through Car Consignment
In Singapore, selling your car through consignment means you are allowing them to sell it on your behalf, and you can still use it until they can find a buyer.
If you want to know more about how car consignment works in Singapore, feel free to contact SgCarTrade at +(65) 90172762!
