Singapore Used Cars - Buying & Selling Second Hand Car

One of the most important things you can do to buy or sell your used car at the right prices is to do your homework.

You can check your local newspaper classified section to see what the selling/asking price is for the type of vehicle that you are in the market for.

Online car auctions can be a great place to buy second hand cars at bargain prices. You can shop right from the comfort of your own home. Just make sure you do your due dilligence on the seller before bidding.

Selling Your Used Car

Do some research and find out what the most popular best selling cars in your area are. By staying in the lower price ranges with these popular vehicles you will be in a higher demand market since more people can afford these vehicles than higher priced more expensive cars, this will make it much easer to sell quickly for a profit.

Stay away from used cars that need major mechanical repairs or body work. Look for good, dependable cars, if the paint is a little dull or the rug is dirty, you can detail, polish and wax the car and clean the carpet. Replace the floor mats if needed. By doing a few hours of work, you can make your car worth hundreds or even thousands of dollars more. By having a clean care, inside and out, you will attract more buyers that will be willing to pay you top dollar for your car.

Exporting Used Cars

Many Singapore car owners "scrapped" their cars within 4 years to maximise rebate on COE

These "scrapped" cars which are usually in very good condition and of low mileage are considered to be second to used cars from Japan. As such, there is a good demand for these "scrapped" cars from developing countries. Used car export is a brisk business and is a growing secondary market for car owners and dealers.