Once payment is confirmed, complete these steps to close the sale cleanly and avoid ongoing liability.
1. Complete the LTA Transfer via OneMotoring
Authorise the ownership transfer via LTA's OneMotoring portal using SingPass before handing over the keys. The transfer should ideally be completed simultaneously — both parties log in and authorise at the same time, or use an LTA inspection centre as a neutral handover point.
2. Cancel Your Insurance
Contact your insurer to cancel the policy immediately after the transfer is confirmed. Request a pro-rata refund for unused premium. Do not cancel before the transfer is complete.
3. Claim Your Road Tax Refund
If you have prepaid road tax beyond the sale date, apply for a refund via OneMotoring. The portal calculates the refund for unexpired months and processes it within a few business days.
4. Cancel Your IU (In-Vehicle Unit)
Your ERP In-Vehicle Unit is linked to your bank account or stored-value card. Contact your IU service provider to close or transfer the account after the sale.
5. Keep All Records
Retain the sale agreement and OneMotoring transfer confirmation for at least two years. This protects you in the event of any dispute about ownership or condition at time of sale.
