Question 1

What vehicles can be imported and registered under the Classic Vehicle Scheme?

Accepted Answer

Cars, motorcycles and scooters that are at least 35 years old from its original registration date! More information can be found in the link below:
https://onemotoring.lta.gov.sg/content/onemotoring/home/buying/vehicle-types-and-registrations/car/classic-car.html

Question 2

How long does the entire process of importation and registration take?

Accepted Answer

Appoximately 5 weeks for freight, 4 weeks for registration and possibly minor repairs before sending it for inspection. We aim to deliver all vehicles within 10 weeks from purchase date!

Question 3

Can I take a car loan for these imported vehicles and how much downpayment must I pay?

Accepted Answer

Yes, there are financing options for classic vehicles too! Downpayment is usually 20% to 30% of the total price, but this is on a case to case basis depending on factors such as loanee's income and total loan amount.

Question 4

Is it possible to import a classic vehicle and register it under the normal scheme?

Accepted Answer

Unfortunately, imported classic vehicles can only be registered under the Classic Vehicle Scheme. Daily use classic vehicles must be purchased from the local market.

Question 5

Can I import a vehicle that is less than 35 years old, store it and register it when it is old enough?"

Accepted Answer

Yes! It is recommended to do so if your desired vehicle is not "old enough". Because prices of classic vehicles are almost always appreciating, you are probably getting a good deal right now!

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Frequently Asked Questions

What vehicles can be imported and registered under the Classic Vehicle Scheme?

How long does the entire process of importation and registration take?

Can I take a car loan for these imported vehicles and how much downpayment must I pay?

Is it possible to import a classic vehicle and register it under the normal scheme?

Can I import a vehicle that is less than 35 years old, store it and register it when it is old enough?"