SG Car Trade

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Why Exporting A Used Car from Singapore May Not Be A Great Idea?

Exporting a car requires a daunting list of obligations that may fall through midway. However, there’s an ideal solution to export your car without worries. Read to know more.

Registration with issuance agency, activating your customs account, prepare documents to be submitted, etc. is what it takes for someone to sell their cars. We assume that you don’t have that much time when you said – I want to export my car Singapore – right?

Most of the car owners want to sell/scrap their cars when the COE expiry nears. We recommend car owners to prepare all of these things 2-3 or even 4 weeks before because it may take time. Once you get your car deregistered, you cannot move an inch without re-registration. Additionally, you may have to pay a towing van the costs for moving your car.

Nevertheless, there’s an ideal way to export-sell your car. The Singapore car export price would depend on the quotes offered by different dealers. You can connect with a professional car broker to help you find the best price quotes on your car, especially depending on the make/model of car, demand, condition, and other factors.

Why is it useful? Since you can avoid a long to-do list, given the dealers will handle the paperwork on their side, you will enjoy complete peace of mind while getting the right price for your vehicle. All you need to do is submit your car’s details or particulars with the broker or vendor.

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How Do I Sell My Car in Singapore At A Great Price?

Nearing COE expiry prompts car owners to sell their cars at satisfying prices. However, not everyone is lucky to enjoy this luxury of getting the ‘right’ price. This guide will help you on how you can do that with a few easy steps.

Selling your car to a fellow Singaporean is rather easy than selling it internationally. If you are wondering – how to sell a car Singapore - you can do the following.

• Search for car listing for sale platforms online

Some popular portals like Carousell are listing platforms, where you can add the details like car model/make, license plate number, car registration date, COE expiry, selling price, mileage, service history, and good snaps of your car.

The downside of these platforms is they may or may not get you the selling price you ‘want’ or may have imagined when you put a selling price.

• Visit an online car marketplace

Unlike car listing websites, you have a wide scope of selling your car to dealers across the globe at the price you will love to sell. Ensuring a solid car selling service Singapore, these marketplaces reduce the burden on your back by directly routing to the dealers with exciting quotations for your car.

After comparing their quotes, you can decide to sell your car at a price suitable for you. Besides, the dealers will handle the paperwork on your behalf, reducing any intensive activity on your side.

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How Can I Bid My Car in Singapore? Read This Quick Brief Guide.

Want to sell your Honda Accord or Toyota Vios or any other car in Singapore? Check this guide.

The endless haggle of selling a car in Singapore by your own turns quite acrimonious at one time. Most of the time, a car seller has to meet the buyer’s demands and cave into the rut of a low price. We understand that you want to go for car bidding Singapore, so that you supposedly get the best prices, at least qualifying the basis of its body value and rebate percentage.

Putting up a car for sale through bidding may not come easy for you. Along with required permits, regulatory obligations, paperwork, and others, you have more chances of feeling irritated than satisfied. On the other hand, you can find a facilitator or a service provider to help your cause – bid my car Singapore – in a comprehensive approach minus the hassle.

Since these professionals connect with a large list of car dealers, you don’t have to bear the burden of entering into finding various dealers and fixing the right price. If your car goes on a bid organized by them, you are likely to receive a rewarding price that other means may not provide you. Apart from simplifying the bidding and selling process, you have less obligatory requirements, in terms of paperwork and rest. All you can now do is enjoy and let the car dealer sell your car to a prospective buyer.

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How to Put a Used Car for Sale in Singapore?

“COE renewal vs. Scrap vs. Sale – what should I do?”

We can understand what owners of used cars insinuate once they ask these questions. It’s quite obvious for someone to get worried about the financial aspect, especially about the car that has been in use for over 10 years.

Getting on with used car for sale Singapore isn’t a bad idea. Estimating the PARF rebate and comparing COE becomes a top-notch way to determine. Some prefer auctioneering as the multi-faceted way of exposing the car for a good price, but there has to be a cap on it.

You could evaluate the maintenance costs, road taxes, insurance costs, etc for deducing what’s right for you. In case, you are worried that you may have some problems selling or exporting your car (that most people are), you can consult a car-selling expert.

These professionals are kind of facilitators (completely legal) for helping you to sell used car Singapore within a group of dealers. What’s the main reason for hiring is the amount you may want to receive for the car’s appropriate value.

So, do they offer you a lucrative price? Well, that depends on your car’s body value and PARF rebate. If your car qualifies these criteria, you can get on with it and receive the right resale value. Besides, you can avoid paperwork and hassle for selling your car to a dealer. Meanwhile, they will provide options for scrapping policy and COE renewals.

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Should You Get A COE Renewal in Singapore? Read This To Find Out.

COE or Certificate of Entitlement has only 10-year validation. You need to renew the COE; otherwise, your car goes de-registered.

People in Singapore keep asking this question to the experts. Some may recommend a renewal, others may not. However, you should opt for renewal after analyzing certain factors. What factors? Well, we will highlight them for you.

• COE + Car Purchase – For a pack of COE and Car Purchase, you may have to invest near about S$105,000 for a brand new car, whereas 10-year COE renewal Singapore costs S$50,000. This is only an example of a particular car type.

• Car Loan Interest – The staggering car loan interest may come at 6-7% of the car price. Also, a 3-year old car may reach a little down there. But, you have to pay interest on the car if you are not buying it altogether.

• Insurance Premium – Similarly car insurance ranges anywhere between S$8000 and S$9000.

• Road Tax – Road taxes over the period of 5 years may come charging at S$3710.

• Maintenance Cost – Maintenance costs could be varying for different cars, but hypothetically it may range between S$3000 and $5000.

• PARF Rebate – The PARF rebate gives relief of S$17500 for a new car and S$15000 for a 3-year old car. Of course, there’s no rebate on old cars.

For a fair analysis of COE prices Singapore, you can connect with a professional in your region. Along with body value and rebate analysis, they can recommend you the right advice on whether you should go for renewal, scrap, or resale.

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How Can I Ready My Singapore Used Car for Export?

Exporting a car from Singapore entails a daunting set of procedures that you don’t want to know. Or, do you? Here’s a sneak peek of what you may have to go through.

• Declare the goods (the car, in your case) to Singapore Customs. • Check prohibition lists • Export permit submission • Register with ACRA or Accounting and Corporate Regulatory Authority, or the relevant Unique Entity Number (UEN) issuance agency. • Activate customs account • Documentations and more.

Even the sneak peek would have elongated, should we have thought to give out the salient features.

In a broad sense, Singapore used cars for export isn’t a benign process for you to pursue, until you have a tremendous amount of patience to deal with it. Besides, you may have less fortunate chances of receiving the amount for your used car.

On the other hand, you can search for dealers that help with your cause – export my used car Singapore – for favorable results. Even finding the right dealer can prove hurdling for the meddlesome people falling in between. Rather, you can find a trustworthy facilitator for these dealers, where you only need to fill-up the form and details and they will take care of the rest.

Here, the simplified approach gives you access to the best, deserving price for your car instead of scrap car value. Of course, your car will be valued at its body value and Certificate of Entitlement and Rebate Percentage, but that doesn’t diminish your chance to get the best rates.

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Looking for Exporting Your Used Car? Check This Brief Guide.

Only a fair few people own the luxury of a car in Singapore. If you are one of them, who is looking for scrapping or exporting options, then this guide belongs to you.

Selling your used car to another buyer or importer in another country is a daunting task. Just to think that you can get away with the customs of some friends or referrals isn’t a good notion. Also, you must expect a fair price for your car.

Coming into touch with reliable Singapore Car exporters immediately resolves the issue. Meanwhile, your car’s value on paper comes from two major factors – body value & COE (Certificate of Entitlement) + PARF (Percentage of Additional Registration Fee) rebate.

How do professionals who export car Singapore help you?

As you would know or understand later that exporting a card does require a bit of obligation. Some people defer from taking the decision of exporting a car due to this reason. However, professionals let you do the following:

• Fill up the details of the car, such as Name, Address, Phone, Vehicle Number, etc. • Connect with a wide number of dealers for exporting your car. • Best quotations from different dealers. • No obligation for selling the car. • Paperwork is handled by the dealer.

It seems convenient, isn’t it? Most of the leading facilitators give you the opportunity to place your car at the best value without running into the hassle of paperwork, negotiations, etc. So, you can enjoy complete peace of mind while you export your car.