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sharing my scrapping experience...

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Old 11-01-2016, 04:58 PM   #1
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sharing my scrapping experience...

1) request transaction pin via one motoring website, takes 3-5 days working days, pin valid for 5 calendar days only

2) print and fill up D01 form, again via one motoring website

3) call the LTA appointed scrap yard, and compare the scrap value, price vs convenience

4) bring your IC, pin and D01 form to scrap yard, the operator will settle the paper work, process takes about 15 mins

5) cancel your season parking via HDB website immediately after you scrap your call

i scrapped on sunday, cancelled on sunday morning
when i drove out, there is a deduction
hdb is now processing the refund
to save all the trouble, cancel after you scrap your car
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Old 11-01-2016, 05:00 PM   #2
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how much body value u get from scrap yard?
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Old 11-01-2016, 05:02 PM   #3
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i went to Kim Hock Corporation Pte Ltd as it is the only operation that is open on sunday

their pricing is pretty fixed, 1500cc is $100
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Old 11-01-2016, 05:05 PM   #4
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All scrapyards $100. No need compare one
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Old 11-01-2016, 05:08 PM   #5
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All scrapyards $100. No need compare one
thanks for sharing, in that case can remove step 3

in fact i didnt compare cos i have no choice lol
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Old 11-01-2016, 05:09 PM   #6
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then the parf rebate how ?
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Old 11-01-2016, 05:15 PM   #7
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Got buy new car?
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Old 11-01-2016, 05:25 PM   #8
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then the parf rebate how ?
based on lta, they will mail to you the steps a few weeks later

you then follow the steps to "retrieve" the amount

i have not reach that stage yet

Got buy new car?
buying car is like buying more time

how much to spend on car vs how much you value your time

currently my time is not worth 100k for 10 years thus i have to wait

i will buy when

1) i have higher earning power or
2) i have not enough time or
3) the car value drop
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Old 11-01-2016, 05:50 PM   #9
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based on lta, they will mail to you the steps a few weeks later

you then follow the steps to "retrieve" the amount

i have not reach that stage yet



buying car is like buying more time

how much to spend on car vs how much you value your time

currently my time is not worth 100k for 10 years thus i have to wait

i will buy when

1) i have higher earning power or
2) i have not enough time or
3) the car value drop
I think buying car is more like buying convenience rather than buying more time. The lower travelling time is typically offset by additional time spent on workshop trips, car washing, admin stuff (such as insurance/car park), traffic jam etc. If you don't have maid and spent 1 hour washing your car every week, this already more or less even out your travelling time to and fro work for that week. Unless you are insurance agent or sales engineer and need to travel around for sales then it is a different story.

Nevertheless, I believe one do save on time overall. But I think one benefit more from the convenience such as shopping at industrial area, having a drop-off point for one shopping loot, sending one family member to airport and back etc.

Just my 2 cents though. Hopefully this will be the price of COE in the near future.
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Old 11-01-2016, 08:07 PM   #10
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based on lta, they will mail to you the steps a few weeks later

you then follow the steps to "retrieve" the amount

i have not reach that stage yet



buying car is like buying more time

how much to spend on car vs how much you value your time

currently my time is not worth 100k for 10 years thus i have to wait

i will buy when

1) i have higher earning power or
2) i have not enough time or
3) the car value drop
Is it difficult to adjust to without a car ? Now u take bus/mrt?
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Old 11-01-2016, 08:22 PM   #11
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Pin got no expiry date la
Simi 5 calender days
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Old 11-01-2016, 10:18 PM   #12
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Is it difficult to adjust to without a car ? Now u take bus/mrt?
i only drive at night
current diff is gonna take public transport home
instead of taking car after work
weekend still dunno haha

Pin got no expiry date la
Simi 5 calender days
really? i read wrongly ah lol
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Old 11-01-2016, 10:23 PM   #13
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http://www.onemotoring.com.sg/publis...a_vehicle.html

i think i misread lol sorry

Apply online to de-register a vehicle with your Transaction PIN. The online application is only valid for 5 calendar days. If the vehicle is not de-registered within that time, a fresh application is required.
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Old 11-01-2016, 10:50 PM   #14
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i went to sky metal, another of LTA approved, took back $80 for 1500cc..
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Old 11-01-2016, 11:30 PM   #15
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I think next time I have to go without car for 6-12 months, so that I can get back into the cheap COE cycle that is coming up soon.
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