asked about Sell Car

6 months ago

Hi, I need to sell off my car or scrap it as I am currently out of job. Problem is, I still have to pay for the COE renewal loan (in house). Advise please...

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2 Answers

0
Patrick Ng
You need to make full payment for the loan with interest before you scrap. As this car is under the finance company property. I understand how shitty this is as i am also in this damn shit.
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6 months ago

0
James Poon
You can find out from your finance company what is the full settlement for your car. If you are able to sell off your car for just enough to pay off the loan, the transaction can still be done. You can get quote for your car value here https://www.motorist.sg/car-valuation
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6 months ago