asked about Sell Car

over 7 years ago

When I sell my vehicle to a used car dealer, why is there a price gap between my vehicle and the ones on SGcarmart even if the registered year, month and model is the same?

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1 Answer


Advertising price does not equate to purchase price and selling price.

Generally, the vehicles advertised on sgcarmart are advertised by used car dealers, they are professionally groomed, provided with warranty, and buyers are protected by lemon law.

Purchase price are naturally lower as it has to take into consideration the repair costs, interest costs, advertising costs, depreciation for the waiting period and replacement costs of wear & tear parts. Even if the vehicle is in a condition that does not require any repair work or replacement of parts, it still has to undergo minor touch-ups and inspections before selling to the next buyer.


over 7 years ago