Best Value From A Coe Expiring Car

[Reno145 0]

Hi

I like to check with you guys on how to get the best returns on a COE expiring car.

1. Scrap the car with LTA - get back the PARF value of car

2. Sell it to scrap dealer, can get back the PARF + body of car. Better option.

3. Trade-in for new/resale car. The value is probably the same as in option (2).

How do I protect myself for options (2) and (3), eg if I had transferred the car and obtained a cheque that bounced.

Thanks in advance!