faqs

Sell-by-bidding faqs

Yes, we will give you $100 in cash, if you can sell your car to a car dealer at a price higher than ours!

Yes, however, the registered owner may need to be present after acceptance to sign the paperwork.

Yes, it's a live and transparent bidding, you can monitor your own car bidding online. However, like the COE bidding, you might see the bidding get more intensive as it gets nearer to the closing time.

Once the bidding closes, you will get an offer to sell on the spot. 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. This typically takes 1 week. We will then 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.

No. After we receive the offer from the winning dealer and you agree to the deal, we will pay on behalf of the dealer. To ensure excellent service and a comfortable transaction, we will be the ones interfacing with you throughout. After we pay you and takeover your vehicle, we will then hand it over to the dealer.

We will take care of all the paperwork for you. This includes your loan full settlement, insurance refund and ownership transfer. You will be paid by us as well.

It is recommended to handover your car within two weeks from the bidding close date, this is to better secure the deal. Dealers may offer at a conservative price if the handover date is longer than 2 weeks due to unforeseen market fluctuation.

Yes, it's absolutely up to you whether to accept or reject the bid price. No obligations to sell.

Yes. If you accept the offer, we will pay you a deposit on the spot to secure the deal.

You have until 5pm the next day to give us your answer over the phone. The offer is considered rejected if we do not get any reply from you by then.

After you accept the offer, you will need to come down to our office to sign the sales agreement and collect the deposit by the next day.

free-valuation faqs

The valuation is an estimated price car dealers will take in your car for.

We base our valuation on our database of dealer's selling price minus off a certain profit margin. The valuation only take into consideration the registration date of the vehicle and not other factors such as mileage, accidents, faulty parts. Thus, price might differ depending on car condition.

We will inform you of your car value by phone call, SMS and email within 1 working day.

We will inform you of your car value by phone call, SMS and email within 1 working day.

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.

scrap/export faqs

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.

We will recommend the handover date to be one week before the COE expiry date to ensure ample time to settle all the paperwork.

We will inform you of your car value by phone call, SMS and email within 1 working day.

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.

Typically, cars with COE remaining of less than 1 year will be due for scrap or export. However, this changes over time and varies across different car models.

If you are unsure, simply contact us at 67447571. Or fill up the form above and we will advise you accordingly.

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