Search the Community

Hi, A second hand car viewed my current car and asked if I intend to retain the number plate. I wonder if I retain the number plate, how does it affect the resale value of my car ? Thanks in advance for the advice.

Just to understand whether if my dad's car number plate can be transferred to my name? Just ordered a new car and wanted to transfer to my new car. The bidded number was bidded by me but the current car is registered to my dad as my insurance when I was in my early 20s is too high. Any advice on the procedures?

Hi all, How many years after an accident will an accident claim (i.e. medical) be considered void? How many years will an insurance company hold in record for a potential claim before finally reinstating back the NCD to the insured party? If eventually the retention amount and record show there is no claim (after X years), will the insured party obtain back in cash difference between no NCD and with NCD amount every year since the claim was not paid out and thus the NCD status should remain status quo in the first place? In other words, paying for car insurance with zero NCD but after X years, no claim, but NCD had been taken away to safeguard a potential claim. Please give your views and advice.

While I am glad LTA only levies an application fee of 100 dollars on retaining an old license number on a new car, I do not understand the rational of charging a princely sum of 1,300 dollars for transferring a memorable number to another car owned by the same person. The car with the original license number is usually sold or scrapped. Furthermore, the car whose number was transferred from must apply for a new number plate, costing at least 321 dollars. So in total, the cost for keeping the number is at least 1,621 dollars. Of course, there is the swapping of license numbers. It costs a whopping 2,600 dollars just to swap the licenses between the cars you own. What happens when you decide to stop driving regularly, and start to enjoy our efficient public transport, but still like to retain your keepsake number to remember your very first vehicle, or your "pat tor" mobile that nabbed you your then girlfriend, now wife? A logical solution is to keep the number within the family, either by passing the number to your kids, or your wife. The price of this transfer would be a shocking 1,621 dollars, plus a significant transfer fee of the original car to the name of your relation in question of at least a few hundreds, to thousands of dollars, depending on the Open Market Value(OMV). In addition, the original vehicle log card would have its ownership count increased by 1, critically affecting its resale value. In an age where Singaporeans struggle to find their roots, where our schools no longer stand on where it was, replaced by a cold, new building, possibly with another name, or the familiar name now hangs on another campus totally foreign to us, our associative vehicle license number is a good way to reminisence the old times. I understand there are complications involved in eradicating the costs of number retention. Firstly, jokers around will swap their plates as and when they like, creating confusion amongst some. Secondly, people may profit out of reselling old numbers on an larger scale. Thirdly, having a large quantity of retained numbers could mean the new numbers advance more slowly, and bidders for their favourite number have to wait longer for them. However, these are simple problems which could be hemmed in by setting certain criterias, and timeframes for number swaps to take effect, but allowing appeals on case by case basis if the conditions are not met. Moreover, with a 100 dollar charge to retain number from an old vehicle to the new one currently, it is unlikely the rate of new numbers generated is impeded. Furthermore, once the number swapping novelty wears off and becomes a norm, it is unlikely the abuses will continue. What do you think?

Hi Folks, With Immediate effect: Unless indicated, Threads which are inactive for more than 2 weeks will be removed from this folder. The rules have been the same since a long time ago and nothing changes. Appreciate your understanding. Beware, Gadgeter is back in Business..... P.S: With reference to this thread hor: http://www.mycarforum.com/forum/gforum.cgi?post=351801;sb=post_latest_reply;so=ASC;forum_view=forum_view_collapsed;;page=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread

Hi Folks, With Immediate effect: Unless indicated, Threads which are inactive for more than 2 weeks will be removed from this folder. The rules have been the same since a long time ago and nothing changes. Appreciate your understanding. Beware, Gadgeter is back in Business..... P.S: With reference to this thread hor: http://www.mycarforum.com/forum/gforum.cgi?post=351801;sb=post_latest_reply;so=ASC;forum_view=forum_view_collapsed;;page=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread://http://www.mycarforum.com/forum/gfo...=un read#unread