Enjoy Hassle-Free Car Consignment with CarQuote!
Singapore has a unique 10-year Certificate of Entitlement (COE) life limit on all vehicles which requires owners to de-register, scrap or export their road-worthy cars unless the COE is renewed.
Sometimes the demand is so high that a COE renewal can cost more than the value of the vehicle itself. This makes it more practical to sell the car instead of keeping it.
selling process can be time consuming. If you opt to sell your car directly to a buyer, you will need excellent advertising skills to get your vehicle noticed within a large listing. Half of the work is taking good quality pictures of your car, and half is writing a description that stands out from the rest. You also need to spend around S$58 to S$98 for ad space at sgCarMart.
If you want a hassle-free way to sell your car, then consignment is the way to go. Here at CarQuote.com, car consignment is completed in just three steps:
1. Enter and submit your details
2. Get the highest quote for your car today
3. Let’s meet up when the price is right
What Happens During Car Consignment?
Consigning your vehicle means that you are allowing CarQuote to sell your car on your behalf. Legal ownership will only be transferred when these requirements are met:
- All financials are settled
- The car has a valid road tax
- Insurance policy of the new owner is active
Some car dealers ask the owner to leave the vehicle at their showroom. This makes it easier to show off your car to potential buyers – either by appointment or walk-in. However, it can be inconvenient for you if that is the only car you own and public transportation is not an option.
Some car dealers will arrange for viewing appointments so you don’t have to leave your vehicle with them. This can be painstaking too as you would have to drive down to the showroom every time there is an interested buyer who wants to see your car.
Take Advantage of the Benefits of Car Consignment
Experience. If this is your first time selling a car in Singapore, it is best that you consign your car to an experienced dealer. A good car consignment company like CarQuote will handle the entire process for you, including:
- send Taking superb-quality pictures of your car
- send Running your advertisement
- send Answering enquiries from potential buyers
- send Processing documentation
- send Completing the sale
Industry knowledge. Car dealers could assist you in getting your car ready for ownership transfer. These include touching up paintwork, minor repairs, grooming, and applying for insurance.
The CarQuote Advantage
At CarQuote you’ll be able to enjoy the following benefits:
- Ask for a quick quote 100% free of charge
- Effective advertising of your used car online
- Extensive network of 200+ dealers and buyers
- Match your offer with serious buyers
How to Sell Your Car through Consignment
- 1. Submit your name, phone number, email address, vehicle number, mileage, and NRIC/FIN number through the CarQuote online form.
- 2. Submit photos of your car in jpg, jpeg, or png format (maximum 2MB). These should include a front view, rear view, left view and right view.
- 3. Click the GET FREE QUOTE button at the bottom of the page to get an instant quote.
- 4. Prepare the following documents while you wait for an inspection appointment:
- Original NRIC/FIN
- Transaction pin from the LTA
- Bank loan documentation (if applicable)
Need more info? Contact us today!