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  1. Sep 8, 2023 · Here's how the depreciation and scrap value of a car affects its sales price and also the cost of owning a car in Singapore

  2. The scrap value of your car depends on when you intend to scrap/deregister your vehicle. If you intend to scrap your car before the COE expires, it is calculated based on the formula below: Scrap Value = Total COE rebate + Total PARF rebate. Your COE rebate is pro-rated based on the remaining amount of your COE.

  3. How to Calculate the Scrap Value of your Vehicle. You can calculate the scrap value of your vehicle via the PARF & COE rebates, while all this may sound confusing, we are here to assist you. Call us for a non-obligation consultation and we will do all the calculations for you.

    • sales@scrapcar.com.sg
    • 9373 9373
    • How to Estimate The Scrap Value of My Car
    • Why Scrap Your Car?
    • How Much Can You Get Out of Scrapping Your Car?

    Have you ever asked yourself a question, “Should I scrap my car?” This question usually pops up when you are either considering or want to get rid of an old car which is nearing the 10-year COE mark, perhaps in exchange for a new one. While there are many other options available such as renewing the COE and selling the car away. However, at the tim...

    Firstly, scrapping your car is an easy, hassle-free and fast procedure. It is considered as an alternative way to get some extra cash in exchange of getting rid of that old car of yours. Let us elaborate first on the benefit of scrapping your car. It is incredibly simple, all that you are required to do, is to do is to find a car scrap dealer in Si...

    While you can contact us here to get an accurate quotation for your much your vehicle will be worth, you can always calculate the minimum amount you will get which is the paper value which is composed of the PARF and COE rebates that are given when you deregister your vehicle. If you do not completely understand these, you may wish to read a detail...

    • sales@scrapcar.com.sg
    • 9373 9373
  4. You might be considering renewing your vehicle’s COE or deregistering it, and instead purchase a new vehicle. Today, our experts at Scrap Car will teach you how to calculate the value of your car when you deregister and provide insights on whether you should or should not scrap your vehicle!

    • sales@scrapcar.com.sg
    • 9373 9373
    • scrap car value calculation1
    • scrap car value calculation2
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  5. Sep 16, 2022 · How to Calculate the Scrap Value of a Car. In Singapore, cars are notoriously expensive. The moment you drive your new car out of the showroom is when your car value depreciates and reaches its scrap value upon reaching its 10-year mark. By understanding how a car depreciates allows owners and buyers to gauge how much their car is worth.

  6. Search for a suitable used car using your desired annual depreciation amount. Or calculate depreciation of any vehicle by providing its details.