Spiderman302 2nd Gear May 27, 2013 Share May 27, 2013 Saw the write up in my paper abt more owners now keep the car till 10 yrs then scrap. That I understand why. BUt it mentioned abt lots of people scrap the car one month before 10 years. Anyone can help explain why? What is the difference between scrapping on the dot at 10yrs vs one month before 10yrs is up? ↡ Advertisement Link to post Share on other sites More sharing options...
Mits_jc 5th Gear May 27, 2013 Share May 27, 2013 Scrap on the dot, u do not get any of the COE rebate, which by then shouldn't be that significant. Saw the write up in my paper abt more owners now keep the car till 10 yrs then scrap. That I understand why. BUt it mentioned abt lots of people scrap the car one month before 10 years. Anyone can help explain why? What is the difference between scrapping on the dot at 10yrs vs one month before 10yrs is up? Link to post Share on other sites More sharing options...
Jack1986bibi Neutral Newbie June 10, 2013 Share June 10, 2013 You PARF rebate bro, depending on the car, it could be from 1k to 15k or even more. That is the cash u get back upon scraping before 10 years, after 10 years 0 dollars... Link to post Share on other sites More sharing options...
Dafansu Turbocharged June 10, 2013 Share June 10, 2013 You PARF rebate bro, depending on the car, it could be from 1k to 15k or even more. That is the cash u get back upon scraping before 10 years, after 10 years 0 dollars... before 10 years meaning 1 day before can get back PARF also? Link to post Share on other sites More sharing options...
Forte3737 5th Gear June 10, 2013 Share June 10, 2013 before 10 years meaning 1 day before can get back PARF also? correct Link to post Share on other sites More sharing options...
Tcx607 4th Gear June 10, 2013 Share June 10, 2013 How fast can the document done up by LTA (scape the car)? 1-2hrs? IF I do not renew my COE upon 10yrs expiry, I still get my paper value right (a few days after COE expiry).... Link to post Share on other sites More sharing options...
Cluboxed 1st Gear June 10, 2013 Share June 10, 2013 i think there is a grace period within which you need to renew your COE if you wish to continue driving the car...else it should be eligible for PARF... Link to post Share on other sites More sharing options...
Kangadrool Supersonic June 10, 2013 Share June 10, 2013 (edited) i think there is a grace period within which you need to renew your COE if you wish to continue driving the car...else it should be eligible for PARF... 1 month IIRC, but there's a penalty. But to get back PARF, you die die must potong kereta before expiry date; there is no grace period. Edited June 10, 2013 by Kangadrool Link to post Share on other sites More sharing options...
Cluboxed 1st Gear June 10, 2013 Share June 10, 2013 nice info....thanks ↡ Advertisement Link to post Share on other sites More sharing options...
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