The place do our previous vehicles go? Surprisingly to Jamaica and Kenya, discovered one Reddit person, Singapore Information

Singaporeans, it appears, usually are not terribly keen on maintaining their vehicles for lengthy, preferring new ones. 

Simply contemplate this, the typical age of vehicles in Singapore is a mere 5.5 years, based on a report by Finances Direct Insurance coverage. So as to add on, fewer individuals are selecting to resume their COE after 10 years and preserve older vehicles, as reported by The Straits Instances in February. 

So, the place do all these ‘previous’ vehicles go? One Redditor could have the solutions.

Reddit person Qbica posted on Wednesday (July 27) that some previously Singapore-registered vehicles have been put up on the market in nations like Jamaica, Guyana, Zimbabwe and Kenya.

A few of these autos nonetheless have their Singapore automobile quantity plates and ERP in-vehicle models intact.

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One Redditor stated that if he was dwelling abroad, he would snap up such previously Singapore-registered vehicles “in a heartbeat” as many include both refurbished or new elements.

He added that he had beforehand purchased a used automobile in Singapore with “receipts for a brand new evaporator, heater core, radiator and oil pan seals” simply seven months earlier than the unique COE for that automobile expires, likening it to “putting gold.”

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One other Redditor, who visited the southern African nation of Lesotho, stated that the automobile he was in was really a used automobile from Singapore. The driving force even advised him that for some residents there, proudly owning a used automobile from Singapore is taken into account an emblem of wealth.

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One eagle-eyed Reddit person observed that a few of these used vehicles had new Singapore license plates.

Others identified that it is possible the vehicles’ authentic house owners selected to swap the license plates to maintain their previous license plate numbers.

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Many Redditors, nonetheless, had been shocked on the seemingly low costs of some used luxurious vehicles.

For instance, a BMW 328i pictured within the Reddit put up registered in 2012 was listed for JA$2.7 million (S$24,000) in Jamaica.

As a comparability, a test on sgCarMart confirmed {that a} related make and mannequin of roughly the identical age in Singapore was listed at S$119,500 with a renewed COE.  

One Reddit person shared that he was happy to see used vehicles from Singapore exported far and huge, including that even his personal automobile was despatched to South Africa.

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An exporter from a used automobile firm in Singapore, who declined to be named, advised AsiaOne that their automobile exports to some African nations have been growing of late as these nations have been quickly creating in recent times.

Statistics present that a few of the greatest markets exterior Asia for Singapore’s used vehicles embrace Tanzania, Kenya and South Africa, based on open knowledge portal TrendEconomy.

The highest three export locations of vehicles from Singapore in 2020 had been Indonesia, China and Brunei.

One other automobile exporter Status Auto Exports advised AsiaOne that they export about 100 vehicles a month and a few of their shoppers are from New Zealand, the Caribbean area and Africa.

ALSO READ: COE costs: Open class reaches new excessive of $114,001

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