How Long Can You Use Your Vehicle Before Bringing It to a Scrap Yard?

Buying a vehicle here in Singapore is a serious investment. That is why you need to make the most of it before you bring it to the scrap yard and purchase a replacement.

Costs of Owning and Driving a Car

The costs of maintaining a car are expensive. After buying a vehicle, you need to secure two authorisations from the Land Transporation Authority (LTA). These authorisations are the Certificate of Entitlement (CoE), which entitles you to car ownership for ten years, and your driving licence. Both authorisations are very costly.

Another reason that makes car ownership expensive are road usage costs. The Electronic Road Pricing (ERP) system is an electronic toll collection system that mandates you to pay certain fees for road use during rush hour. The ERP is a pay-per-use scheme, so the government won’t charge if you’re not using your car that day. However, if you regularly use your car to go to work, bring the children to school, or both, then this could be a major cost for you. Lastly, you have the road tax. Road tax is renewable every six months or every year, given that you have a valid inspection certificate. Cars that are three to 10 years old require inspection every two years, while older cars need annual inspection.

All these costs are on top of your regular maintenance and fuel costs.

How Long Should I Make My Car Last?

The CoE lasts ten years, so ideally you should make your car last for that period. Yes, renewing your car’s CoE is a valid option but also an expensive one. And we all know how expensive the maintenance of old cars could be in comparison to the new ones. But if you are really good at maintaining your car, then you could go for this option. Just remember that cars more than a decade old require paying for an annual inspection certificate, while newer ones need inspecting only every two years. However, if you don’t want to be burdened with lots of paperwork and expenses, scrapping your vehicle would be the best way for you to go.

How Can I Make My Car Last?

Taking your car to the shop for regular checking is one way. Apart from this, you need to make sure that your car is in tip-top shape every time. Always remember to check your “BLOWBAG”. The acronym stands for:

B – Battery
L – Lights
O – Oil
W – Water
B – Brakes
A – Air
G – Gas

If you find one of these malfunctioning, take it immediately to the car repair shop. However, if most of them are already rusty, then it’s time to take your car to the scrap yard.

Scrap Your Car with Seng Huat (ScrapVehicle.sg)

Seng Huat Motors Trading Pte Ltd is an LTA-authorised agent you can take your old car for scrapping. The Seng Huat scrap yard has over 30 years experience so you’ll be sure you’ll get the most value for your money. For more information, visit their website at http://www.scrapvehicle.sg/.

 

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