How much will I get for scrapping my car in Singapore?

Scrap value in Singapore is calculated as PARF rebate (for cars under 10 years) plus deregistration value. As of 2026, scrap prices range from SGD 200 for end-of-life vehicles to SGD 5,000+ for cars with significant PARF remaining. Wheeley pays PARF value for scrap-or-drive decisions - we are not a scrapyard.

Should I scrap my car or sell it?

Scrap if your car is over 10 years old (no PARF), has major mechanical issues, or fails inspection. Sell if your car still runs, has PARF remaining, and has reasonable condition. Wheeley buys both - we pay PARF for scrap-eligible cars and market value for drivable ones. Get our free quote first before deciding.

How do I deregister my car in Singapore?

Three steps: (1) settle any outstanding loans with your bank, (2) submit a Notice of Disposal / deregistration to LTA via OneMotoring (free), (3) surrender the number plates at LTA within 14 days of deregistration. Wheeley handles all three for free when you sell your car to us.

How much will I get for scrapping my car in Singapore?

Scrap value in Singapore is calculated as PARF rebate (for cars under 10 years) plus deregistration value. As of 2026, scrap prices range from SGD 200 for end-of-life vehicles to SGD 5,000+ for cars with significant PARF remaining. Wheeley pays PARF value for scrap-or-drive decisions - we are not a scrapyard.

Should I scrap my car or sell it?

Scrap if your car is over 10 years old (no PARF), has major mechanical issues, or fails inspection. Sell if your car still runs, has PARF remaining, and has reasonable condition. Wheeley buys both - we pay PARF for scrap-eligible cars and market value for drivable ones. Get our free quote first before deciding.

How do I deregister my car in Singapore?

Three steps: (1) settle any outstanding loans with your bank, (2) submit a Notice of Disposal / deregistration to LTA via OneMotoring (free), (3) surrender the number plates at LTA within 14 days of deregistration. Wheeley handles all three for free when you sell your car to us.

Deregistration & Export

When renewal is not the right move.

Quick answer: At COE expiry you have three options: renew the COE (5 or 10 years at the prevailing premium), scrap the car (collect PARF + pro-rated COE rebate), or export it (often pays more than scrap for popular models).

A practical route for Singapore vehicle owners deciding between COE renewal, deregistration, recycling and export. We assess the car, explain the available paths, and handle the paperwork with clear numbers.

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What happens after the 10-year COE?

You do not have to renew automatically. The right route depends on the vehicle, its paper value, condition, market demand and the costs of preparing it for its next chapter.

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COE Renewal

Renewing keeps the car in Singapore for another 5 or 10 years. Compare the renewal premium with the vehicle's market value and your plans before committing.

recycling

Deregistration & Recycling

When the car reaches the end of its useful life, deregistration can release any eligible PARF and COE rebate. The vehicle is then processed by an approved scrapyard and recycled.

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Export

Some complete, roadworthy vehicles have demand in overseas markets. Export can keep the whole car in use instead of sending it for recycling.

The Process

A clear path to deregistration or export

1. Tell us about the car

Share the vehicle details. We review the model, age, condition, paper value and current demand.

2. Agree the route and documents

We explain whether deregistration or export is more practical, check the documents, and confirm the next steps before you commit.

3. Handover and deregistration

For a qualifying vehicle, we can coordinate the buy-over, settlement and LTA deregistration. Export vehicles are prepared and shipped as complete cars.

A customer taking delivery of a used car at the Wheeley Auto showroom

Free Assessment

Get a practical scrap or export quote.

Share a few details and our team will review the likely route and contact you. The assessment is free; any final offer follows vehicle checks and document review.

What scrap-and-export owners say

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How to scrap or export your car in Singapore

Scrapping a car in Singapore is a deregistration process, not a destruction. You take the car to an LTA-registered scrapyard, hand over the keys, and walk away with two government-driven payouts: the PARF rebate (if the car is under 10 years) and the pro-rated COE rebate (if COE hasn't expired). On top of that, the scrapyard pays you a body value. The total of those three numbers is your exit. Wheeley runs the maths for you, and if your car is too valuable to scrap, we offer an alternative direct-dealer purchase instead — same day settlement.

Step by step

Confirm your car's PARF eligibility — under 10 years old = eligible, 10+ = zero PARF rebate.
Get a free quote from Wheeley for the direct-dealer purchase option. If the offer exceeds scrap-value, sell direct instead.
If scrapping wins, request an LTA deregistration quote from any authorised scrapyard.
Choose a date for the car to be collected or dropped at the scrapyard.
Sign the deregistration form, hand over the log card + keys + Certificate of Insurance.
Receive PARF + COE rebate from LTA within 4-6 weeks, plus body-value cash from the scrapyard on the same day.

Related calculators

PARF rebate calculator

Your rebate band →

COE remaining calculator

Years left on COE →

Paper value calculator

PARF + COE = floor →

Depreciation calculator

Compare scrap vs market →

Car valuation guide

Walkthrough + maths →

Sell my car (direct)

Higher than scrap? →

Related guides

Related guide

Read: PARF rebate vs paper value →

Related guide

Read: The real value of your used car →

If your PARF rebate is healthy and your car has life, scrap is a worse exit than selling. Run the paper-value calculator first, then get a direct offer from Wheeley.

Get an exact offer →

Frequently asked — scrap car Singapore

How much is the PARF rebate when scrapping a car?

The PARF rebate when scrapping a car in Singapore is the un-rebated portion of the ARF based on the car's age at deregistration: 70% at 5 years, 65% at 6, 60% at 7, 55% at 7.5, 50% at 8, then declining in stages to zero at 10 years. Wheeley's PARF rebate calculator computes your exact number given OMV and registration date.

Is it better to scrap or sell my car in Singapore?

It depends on the three numbers: PARF rebate, COE rebate, and the market residual for your specific car. If your car is under 10 years, popular, and in decent condition, the market residual usually beats the combined rebate by SGD 5,000-15,000 — sell. If your car is over 10 years old or has high mileage, scrap is the cleaner exit because the PARF rebate is zero. Run Wheeley's paper-value calculator to compare.

How long does scrapping a car take in Singapore?

From your decision to deregister: 1-2 weeks to collect the car, sign paperwork, and submit the deregistration application to LTA. From deregistration submission: PARF + COE rebates land in your bank account within 4-6 weeks (sometimes faster for clean cases). Body-value cash from the scrapyard lands the same day as drop-off.

What documents do I need to scrap a car in Singapore?

Vehicle log card, Certificate of Insurance, NRIC, all keys (including spares), and if the car has outstanding finance, a settlement letter from the financier. Wheeley can handle the bank settlement for you at no charge.

Do scrapyards pay cash on the spot in Singapore?

Yes — reputable LTA-registered scrapyards pay body-value cash on the same day as drop-off, then process the PARF + COE rebates on your behalf through LTA. Some smaller operators delay; always use one with a published LTA registration.