LTA Vehicle Ownership Transfer and Deregistration: A Step-by-Step Guide
(Photo Credit: Business Times)
Here’s a step-by-step guide on how to transfer car ownership and deregister your vehicle via the LTA portal. Transaction Pins (TPINs) will no longer be necessary from 26 November 2018.
To better align with Singapore’s vision of being a Smart Nation, the Land Transport Authority (LTA) will be doing away with Transactions Pins (TPINs) for the following LTA vehicle-related transactions: Transfer of Vehicle Ownership, Transfer of TCOE, Transfer of Rebate, and the Deregistration of Vehicle.
Previously, a TPIN was necessary to sell, deregister and transfer your vehicle. It was also needed to make changes to your vehicle’s Preferential Additional Registration Fee (PARF) or Certificate of Entitlement (COE) rebates.
Now, instead of the TPIN, vehicle owners and businesses will need to use their SingPass 2FA to confirm and complete these transactions.
In this step-by-step guide, we’ll show you the process of completing vehicle transactions with this new SingPass 2FA system. Kindly note that the OTP for the 2FA system can either be generated through the OneKey Token or SMS via mobile phone.
Transfer of Vehicle Ownership
Seller (Vehicle Owner) Transfers Vehicle to Buyer (Next Owner)
- Seller to use the ‘Transfer Vehicle’ function on One Motoring (via SingPass) to initiate vehicle transfer to Buyer.
- Select Vehicle Details and enter the Buyer’s details (Name, ID number and mobile number).
- Upon submission, an SMS will be sent to the Seller to notify them of the transaction.The Seller can still cancel the transaction before the Buyer accepts the transfer.
- An SMS will also be sent to the Buyer to notify them of the transaction. The Buyer can then log into One Motoring to confirm or reject the vehicle transfer within the next 5 calendar days.
- If the vehicle transfer is successful, a confirmation SMS will be sent to both Seller and Buyer.
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Deregistration of Vehicle
For Registered PARF Eligible Vehicle
If Disposal via Scrapyard/EPZ
- Owner to drive/tow the vehicle to the Scrapyard/EPZ.
- Owner to use the ‘Deregister vehicle’ function on One Motoring to deregister vehicle.
If Disposal via Export
- Owner to use the ‘Deregister vehicle’ function on One Motoring to deregister vehicle.
- Owner to Export Vehicle.
- Owner to upload disposal documents within 1 month.
For Registered Non-PARF Eligible Vehicle
If Disposal via Scrapyard/EPZ,
- Owner to use the ‘Deregister vehicle’ function on One Motoring to appoint self or 3rd-party to scrap the vehicle.
- The authorised person to send the deregistered vehicle to an LTA-authorised scrapyard within 5 calendar days. Original NRIC of the authorised person and payment for outstanding road tax and fees will also be required.
If Disposal via Export,
- Owner to Export vehicle.
- Owner to use the ‘Deregister vehicle’ function and upload the disposal documents accordingly on One Motoring.
For Deregistered PARF/Non-PARF Eligible Vehicle
If Disposal via Scrapyard/EPZ
- No change to current process
- Owner to send vehicle to the Scrapyard/EPZ within 1 month.
If Disposal via Export
- Owner to Export vehicle.
- Owner to use the ‘Deregister vehicle’ function, select the mode that the vehicle was exported and upload the disposal documents accordingly on One Motoring.
For deregistration of vehicle, no hardcopy documents need to be sent to LTA.
Other Things to Note
You Will Need Your SingPass/CorpPass to Perform All Vehicle-Related Transactions
If you or the next owner are not eligible for SingPass/CorpPass, both parties have to personally complete the transaction at LTA’s counter.
You’ll Have 5 Calendar Days to Confirm/Cancel Any Transaction
If the transaction is not confirmed after 5 calendar days, it will be automatically cancelled. Similarly, you also have 5 calendar days to cancel the transaction if the next owner has not logged in to confirm the transaction.
When Will The New SingPass/CorpPass System Kick In?
The new SingPass/CorpPass system will take effect from 26 November 2018. All TPINs will be invalidated by the end of 25 November 2018.
You can continue to use the TPIN for vehicle-related transfers before the end of 25 November 2018.
Why Must the Next Owner Log In to Confirm/Reject any Transaction?
According to LTA, this process is necessary to prevent any unauthorised transactions.
How Will I Know if My Online Transaction was Successful?
Both you and the next owner should receive an SMS notification upon the completion of a successful online transaction. You can also view the status of your transaction on One Motoring.
The Next Owner (Buyer) Has to Pay the Transfer Fee
The transfer fee only needs to be paid if the transaction is successful. Both you and the next owner should factor in the transfer fee in the sales price of the vehicle/asset.
I Made a Mistake in My Application, Can I Amend it?
Unfortunately, you can’t. You will need to cancel your application and submit a new application.
Do you have any other questions about the new SingPass/CorpPass system? If you do, feel free to drop a question in the comment section below, and we’ll do our best answer it.
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Read more: LTA to Cease Hardcopy Letters for Motoring-Related Transactions
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