Many steps are to be taken in order to get the highest price for your used car. Administrative documentations, bank loans and getting the best price are not simple to deal with. Hence, it is crucial to get it right so that selling of your used car in Singapore will be smooth sailing.
How to get the highest price for your used car?
There are hundreds of dealers out there in Singapore, what is the best way to get the highest quote at the shortest time? There are multiple options where you could choose used car dealer companies recommended from friends, or looking for dealers on your own, or possibly consulting online companies where they could help you source for the highest quote. One of such is SGCarTrade, which helps you source for the highest quote without charging any service fees. All dealers are authorized companies which handles used car sales, hence you can feel at ease when selling your used car in Singapore.
Dealers are expertise in handling documentation for the sale of used cars, which owners should consider approaching as it saves the hassle and avoid making any documentation mistakes. However, it is crucial to understand how the process works, from receiving payments for the used car, to transferring ownership using Singpass.
Repayment of car loan
In order to transfer the car ownership, any outstanding car loans needs to be paid. The common method would be the car loan will be deducted from the buying price of your used car, which will be paid directly to the bank by the dealer. Once completed, always check with the bank to make sure the loan is cleared.
Selling your used car to direct buyers.
To sell your car to direct buyers, requires extensive time for documentation, and understanding the requirements in terms of transferring to the direct buyer. However, selling to direct buyer tends to receive a higher buying price, which to some may be worth the effort.
Ultimately, getting the highest price is not simple. If you want to sell your used car in Singapore and get the highest price for your car, let us know by submitting your details here! Let us do the work for you!