Black to Red and back to Black Plate

[Kumweng]

Hi

 

In the first stage I bought a normal plate car (Black plate) then after 1 year I inform LTA to change to OPC (red plate) scheme and every six months LTA pay me a sum of money. I think something COE rebate. I not so sure. Now I going to sell my car...

 

1. SHould I change back to normal plate by paying $100 admin fee to LTA and then sell as normal?

I think I should do that...

 

2. Will the OMV and COE amount be different when I change back to normal car? I mean the figure in the log card base on the new car and now after conversation back to normal car again.

 

3. Can I still sell as a normal car base on SG car Forum market price?

 

I did ask LTA and they just push the ball around... I am very confuse now Any one can help me?

 

 

 

 

 

 

 

[Zhutou]

i think no need to convert back to sell

recently my fren sold his opc, same like urs, take back some money every 6 mths

he juz sold like that to dealer

never convert back

[Kumweng]

the selling price is it base on normal car or OPC car price?

[QQDreamer]

based on normal plate. since your car now is a normal plate. hope this helps.

[Kumweng]

so is it mean that my COE and OMV value remain the same as stated in my log card.

 

Am I right??