Unlocking Hidden Returns: How to Maximise Your End-of-Life Vehicle Worth
Understanding your scrap car value can make a significant difference to your financial outcome when the time comes to retire your ageing vehicle. In Singapore's highly regulated automotive environment, where vehicle lifespans are predetermined through the Certificate of Entitlement (COE) system, knowing how to navigate the disposal process becomes particularly crucial.
The Regulated Reality of Vehicle Disposal
Singapore's approach to vehicle lifecycle management stands apart from most global systems, creating a distinctive marketplace with its own rules and opportunities:
· Mandatory scrapping after ten years (unless COE is renewed at significant cost)
· Strict environmental compliance requirements for all disposal facilities
· Deregistration procedures tha...