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8 months ago

I bought a car under full loan, my dealer is saying that I have to convert the vehicle to R10 scheme. What is R10 and will my name be removed as an owner?

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1 Answer

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Katherine

Hi Jaleel, thank you for your question.

The R10 vehicle scheme refers to Private Hire Cars. If you intend to use your vehicle as a Private Hire Vehicle (PHV), you'll need to convert its scheme to R10. You can find detailed information about scheme conversion on the LTA website at this link: https://onemotoring.lta.gov.sg/content/onemotoring/home/owning/scheme-conversion.html

To initiate the conversion process, log in with your SingPass credentials on www.onemotoring.lta.gov.sg>Digital Services, and select Convert Vehicle Type or Scheme. Follow the instructions provided to complete the conversion. Please note that there is a $100 administrative fee for this conversion.

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8 months ago