What are the procedures to de-registrating a bike? Any important things I should look out for?

[irnsck]

Hi all, sorry if I posted in the wrong forum category.

I am relatively new rider, and my bike's COE ends in May. The bike is eligible for the $3500 NEA rebate as well.
As I have never done it before, can someone guide me through the process? Also, are there any specific important things to look out for
in case I get cheated or get into trouble etc. 

Thanks!

[SBF]

18 hours ago, irnsck said:

Hi all, sorry if I posted in the wrong forum category.

I am relatively new rider, and my bike's COE ends in May. The bike is eligible for the $3500 NEA rebate as well.
As I have never done it before, can someone guide me through the process? Also, are there any specific important things to look out for
in case I get cheated or get into trouble etc. 

Thanks!

@irnsck

Once you deregister the motorcycle, the S$3,500 will be automatically credited to you as you are the registered owner of the motorcycle.

1) Bike Shop

If you want the easy route, just go to a bike shop, they will handle the paperwork, deregistration, export/scrapping, etc for you and pay you cash. This might also work out better if you are trading in for a new motorcycle as they can work on the pricing for you.

2) DIY

If you want to go the more difficult route (you might get a little bit more money), then you have:

1) Deregister your motorcycle through the link below with your SingPass

https://onemotoring.lta.gov.sg/content/onemotoring/home/digitalservices/de-register-vehicle.html

2) Bring your motorcycle to an LTA approved scrapyard OR exporter and negotiate price with them for your motorcycle

Good luck!

P.S. Are you replacing your existing motorcycle with another one?

Also if you are worried the shop/yard/exporter cheats you, then shop around and get a quotation from several businesses before making a decision.

 

[rideornah]

Hi, I’m looking to purchase a motorcycle  with COE expiring on Mar 2023. Just wondering how much does scrapyard and or exporter usually charges for export/scraping should I choose to deregister motorcycle on my own via onemotoring

[adesmond2]

On 4/7/2021 at 5:33 PM, SBF said:

@irnsck

Once you deregister the motorcycle, the S$3,500 will be automatically credited to you as you are the registered owner of the motorcycle.

1) Bike Shop

If you want the easy route, just go to a bike shop, they will handle the paperwork, deregistration, export/scrapping, etc for you and pay you cash. This might also work out better if you are trading in for a new motorcycle as they can work on the pricing for you.

2) DIY

If you want to go the more difficult route (you might get a little bit more money), then you have:

1) Deregister your motorcycle through the link below with your SingPass

https://onemotoring.lta.gov.sg/content/onemotoring/home/digitalservices/de-register-vehicle.html

2) Bring your motorcycle to an LTA approved scrapyard OR exporter and negotiate price with them for your motorcycle

Good luck!

P.S. Are you replacing your existing motorcycle with another one?

Also if you are worried the shop/yard/exporter cheats you, then shop around and get a quotation from several businesses before making a decision.

 

hmmm... I'm curious.. what kind of quotes will there be? LOL.. 

I scrap with one of the motorcycle shop.. I take out the parts I want, they scrap for me free.. case closed. 

[apogeeXX]

I scrapped mine at the scrapyard but I cannot remember clearly what the quote was.

My impression is they will pay you an amount for your bike but it's very small amount like maybe $10 or something ... can't remember.

Not complicated, and quite fuss free.

You ride in, give them details they ask for, they key into computer and tell you how much they pay you and see if you agree with it.

Then they pay you the money and you leave the place with your helmet.

 

I would be interested in how to export a bike though .... but I can't seem to find info on how to do it.

 

[adesmond2]

8 hours ago, apogeeXX said:

I scrapped mine at the scrapyard but I cannot remember clearly what the quote was.

My impression is they will pay you an amount for your bike but it's very small amount like maybe $10 or something ... can't remember.

Not complicated, and quite fuss free.

You ride in, give them details they ask for, they key into computer and tell you how much they pay you and see if you agree with it.

Then they pay you the money and you leave the place with your helmet.

 

I would be interested in how to export a bike though .... but I can't seem to find info on how to do it.

 

Exporting of bike depending on if u still wan to own it or not.. 

If yes.. u need to export to the country that u have a address except malaysia.. usually ship by sea.. crated up n shipped.. u pay the exporter.. but got chances, yr bike will go missing..

if no, the exporter will pay u $50-$100.. u select export when deregistering.. then that’s about it.. they will give u de details to put in for exporter n etc..