Frequently Asked Questions

How does Quotz ensure that I will be offered the best car selling price?
Quotz uses a proprietary auction system that reaches out to over 500 used car dealers to make them compete to buy your car, thereby ensuring you the best price. We guarantee you that this is the best dealer price you can possibly get.

Being part of the Sgcarmart group, we help sell the most cars in Singapore. You can read about what hundreds of customers have to say about Quotz.
How does Quotz uphold the Selling Made Simpler?
Quotz is an online bidding platform by Sgcarmart which provides a unique service that puts used cars up for bidding. With our network of over 500+ used car dealers, car sellers can get the highest possible selling price for their car!
Do I need to pay anything for this service?
For drive-in service at our inspection center, we will collect a service fee of $48 (inclusive of GST).

For doorstep service, we will collect a service fee of $98 (inclusive of GST) upfront to finalise the appointment.
Why is there a need to drive down to Quotz centre for an inspection before I can receive an offer?
Through our auction, you will receive a binding offer for your car. Therefore, we need to do a visual and mechanical check on your car before we can put it up for auction and provide you an offer price. Whatever deal we promise you is firm and will not change.

Our process is different from other platforms or car dealers who will offer you a price first, bait you to accept it, then subsequently haggle down upon car viewing.
Can someone else drive to Quotz on my behalf for photo taking and inspection?
Yes, however, the registered owner will need to sign an authorisation form after acceptance of the final offer to allow someone else to complete the transaction.
How long does it take to sell my car on Quotz Sell-by-Bidding?
It can be as fast as selling on the same day! Once the bidding closes, you will get an offer to sell. If you accept the offer, we will pay you a deposit to secure the deal.

Thereafter, we will fully pay up any outstanding loan you have and pay you the balance amount once you handover your vehicle.

If you do not have any outstanding loan and wish to handover the car immediately, we can pay you the full sum on the spot.
Can I view the bidding online?
Yes, it's a live and transparent bidding, you can monitor your own car bidding online. The bidding typically gets more intensive nearer to the closing time, allowing you to get a high offer.
If I’m satisfied with the offer price, how do I accept it?
After the auction, we will inform you of the highest offer via SMS and a phone call. If you would like to accept the offer, we will send you a sales agreement to sign off digitally. Once that is signed, you will be paid a deposit via paynow or other means of electronic transfer.
Can I reject the offer?
Yes, it's absolutely up to you whether to accept or reject the bid price. No obligations to sell.
Will my selling price be further negotiated down after I have accepted it?
Whatever deal we promise you is firm, and will not change. Once you accept the offer, it is contractually binding and so your selling price cannot be negotiated down.
Will I need to meet and deal with the car dealer if I accept the offer?
We will pay you the deposit to seal the deal once you accept the offer. You can accept the offer by signing off digitally, and get paid digitally as well. The next time you need to make a trip down will be to handover the car to us and get paid the balance amount. There is no need for you to deal with the car dealer. We will handle everything for you.
How quickly do I get paid?
Once you accept the offer, you will get paid a deposit via paynow. If you have an outstanding loan, we will then do the loan full settlement for you. The remainder amount will be paid in full to you the moment you handover your car.
Who will take care of the paperwork?
We will take care of all the paperwork for you. This includes your loan full settlement and ownership transfer. You will be paid by us as well.
When will I need to handover my car?
You may choose the accept the offer first to seal the price, and handover your car at a later date. It is recommended for you to handover your car within a month as the offer prices tend to be poorer for handover dates beyond a month.
How our inspection process guarantees you the highest price for your car?
Dependable inspection knowledge
  • Car dealers have a non-standardised inspection process. As part of the Sgcarmart group, we have the proven inspection expertise to ensure your car receives the highest value.
Confirmed price is final
  • You will receive a firm offer with no haggling after the car inspection. Our process is different from other platforms who will bait you with a high verbal offer first and subsequently haggle down to lowball you.
What does the car valuation represent?
The car valuation is an estimated price car dealers will take in your car for.
How is the car valuation derived?
Our car valuation is based on Sgcarmart proprietary valuation tool which is made up of millions of data points in our database. The car valuation takes into consideration the registration date of the vehicle, brand and model, and not other factors such as mileage, accidents or faulty parts.
How long does it take to send me my car valuation?
We will inform you of your car valuation by phone call, SMS, WhatsApp or email within 1 working day.
If I want to sell at the car valuation price, what should I do?
Depending on the age and model of your vehicle, we will advise you to use either our sell by bidding service, or scrap & export service to sell your vehicle.
Simply contact us at 67447571 and quote us your carplate number for us to start the sale process.
Why use your service instead of scrapping or selling myself?
We help you get the best price from over 100 scrap yards and exporters. Also they are able to pay you upon vehicle handover instead of waiting a few weeks for encashment from LTA. The cumbersome paperwork with LTA will also be settled for you.
When is the latest I can handover my vehicle?
We will recommend the handover date to be one week before the COE expiry date to ensure ample time to settle all the paperwork.
How will you inform me of my car value?
We will inform you of your car value by phone call, SMS, whatsapp and email within 1 working day.
If I want to sell at the valuation price, what should I do?

If you are satisfied with the offer price and would like to sell your vehicle, simply contact us at 67447571 and quote us your carplate number.

We will then connect you with the buyer (exporter or scrap yard) that offered this price.

The buyer will pay you in full once you handover your vehicle. The buyer will also settle any outstanding loan you may have and perform the LTA transfer or deregistration.

How do I know if my car is due for scrap or export?

Typically, cars with COE remaining of less than 6 months will be due for scrap or export. However this changes over time and varies across different car models. Simply contact us at 67447571 to find out!

Sell your Car with Quotz
You can choose to Scrap / Export your Car, or put it up for Auction to 500+ Dealers islandwide through our Sell-By-Bidding platform , which typically helps sellers like you receive 10% more than their market value. Selling Made Simpler, with no Obligations to sell.