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Planning to sell your eight to 10-year old car? sgCarMart Quotz can help you get the best price for it, hassle-free.

15 Aug 2014 | Category: Car Selling Advice

There are almost 150,000 passenger cars between eight to 10-years old in Singapore, making up almost a quarter of the car population here.

For these cars, there is no demand in the local resale market in the current COE climate. Hence, most of these cars will be due for deregistration and subsequently, they will be either scrapped or exported.

Customer Service Supervisor at sgCarMart Quotz, Lynn Chua, explained, "Traditionally, a car owner would sell his eight to 10-year old car to a used car dealer or do a trade-in at a car dealership, and the dealer will resell the car to an exporter or scrapyard. With a middleman in place, the car owner does not get the best price."

The friendly staff (left) from sgCarMart Quotz will give a step-by-step explanation to ensure a hassle-free process

"When a car seller comes to sgCarMart Quotz, we check with our partner network, comprising of over 100 exporters and scrapyards, to get the best-selling price of the car. If the seller is happy with the price, the exporters or scrapyards buys from them directly," added Lynn.

One satisfied car owner who managed to sell her car via sgCarMart Quotz, Ms. Yue Hui Hui, had this to say, "They got me the highest offer within three hours! The dealer came down within the same day and the deal was sealed all within six fast I almost couldn't believe it."

You can read more about the Quotz Scrap/Export service here.

While the Scrap/Export service is free, sgCarMart Quotz does have a paid service. According to Lynn, "We charge $38 to car owners who want to sell their car via an auction process participated by over 500 car dealers. This is recommended for cars meant for local resale, which are less than eight-years old."

"Car owners only have to make a single trip down to the sgCarMart Quotz office. Handover date of the vehicle is flexible and on top of that, we offer a highest price guarantee that our final quotation is the highest price in the market," added Lynn.

A professional 188-point inspection and photo taking session will be carried out on customers' vehicles if they opt for the 'Sell by Bidding' service

sgCarMart Quotz is the first online car auction platform in Singapore since 2007 and is the official vehicle auction platform for government agency such as the National Environment Agency (NEA)

sgCarMart Quotz (Quotz Pte Ltd)

Address: 61 Ubi Ave 2, Automobile Megamart, #07-06 Singapore 408898.

Phone: 6744 7571

Operating Hours: 10:30am to 6:30pm daily


Quotz Pte Ltd is a fully owned subsidiary of Singapore Press Holdings (SPH) Limited.
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