July 20, 2017 by Tanvi Gupta
For car aficionados, it doesn’t only end with purchasing a classic or vintage car through auction houses, dealers, or middlemen. It is equally essential to note the do’s and don’ts of owning or possessing classic vehicles in their respective countries. In Singapore, the dealings made for “well-preserved, heritage-rich cars” is considered under the Classic Vehicle Scheme with Land Transport Authority (LTA) of Singapore. Similarly, countries like Hong Kong and Malaysia have their own rules and regulations regarding possession and preservation of classic or vintage cars.
Overview of the Features of Classic Cars in Singapore:
The age of the cars should be at least 35 years from the Original Date of Registration (ORD);
Classic cars are allowed on the roads for a maximum of 45 days annually;
Existing Singapore vehicles can be converted into classics following submission of necessary documents, found here, and compliance with the previously mentioned rules;
Changing of registration plate number to ‘white lettering on a red and yellow background’;
Inspections are to be done every two years;
Once a classic car is registered as one, it can no longer be reverted to a normal car status.
You can import a classic car from overseas, which would require you to ensure the condition of the car is in superb shape and the age is at least 35 years from the original date of registration (ORD) in the foreign country.
Relevant Fees for Registration and Entry of Classic Cars in Singapore:
An excise duty, registration fees, as well as Additional Registration Fees (ARF) are key things to consider when registering your cars under this scheme;
A road tax of S$280 is payable annually as it expires on the last day of the year i.e. 31 December.
Looking abroad, the authorities in Malaysia recognize a classic car as one that is older than 25 years of age from ORD and a vintage car as one that is older than 50 years from ORD. Relevant forms are required to be submitted to the Ministry of International Trade & Industry.
It is therefore equally important to be aware of the intricacies of owning a classic car in your country, understanding the laws encompassing the registration of such cars for lawful and right preservation of your beloved possessions.
Now that you are familiar with the details and procedures of owning a classic car, you can browse our wide selection of classic cars available here!
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