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

15 Aug 2014 | Category: Car Selling Advice


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

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

Assistant Manager at sgCarMart Quotz, Lynn Chua, explained, "Traditionally, a car owner would sell his old car to a used car dealer or do a trade-in at a car dealership, and the dealer would then resell the car to an exporter or scrapyard. With a middleman in place, the car owner will never get the best price possible."

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 hours....so fast I almost couldn't believe it."

In general, a car eight-years old and below will be more suitable for the auction bidding service, which has a highest price guarantee provided by Quotz.

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."

Lynn also mentioned, "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 guarantee that our final quotation is the highest price in the market."

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
Whatsapp: 9191 7571
Operating Hours: 10:30am to 6:30pm daily
Website: www.quotz.com.sg

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


*This article was updated on 8th March 2018.
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