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The peculiarities of Singapore's car market has made Singapore the second largest exporter of used cars in the world (approximately 100,000 cars exported per year) after Japan. [citation needed] Singapore exports its cars to many countries, including African countries.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
The result of the peculiarities of the Singapore car market has resulted in Singapore being the second largest exporter of used cars in the world after Japan. Cars are exported to many countries, including beyond Asia such as Kenya and South Africa in Africa as well as Jamaica and Trinidad and Tobago in the Caribbean. As these cars are often ...
Droom Technology Limited is an Indian company that maintains an online marketplace for buying and selling used and new automobiles. [2] Founded in April 2014, the company is based in Gurugram, Haryana and also operates in Singapore, Thailand, and Malaysia, [3] besides 1,161 Indian town and cities. [4]
The imported cars are cheaper than local used cars due to the very low value of used cars in Japan (and to an extent, used products in general), and a much larger range of specifications are available on Japanese models compared to the very limited ranges sold locally – even in comparison to the UK, model ranges of Japanese cars can be very ...
A second-hand shop is a shop which sells used goods.. Sketches by reporter-artist Marguerite Martyn of people in a St. Louis, Missouri, second-hand shop in 1920 Second-hand Encyclopaedia Britannica books in a second-hand bookstore in Bugis, Singapore The Salvation Army Thrift Store in Santa Monica, California
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Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s. Despite the high cost of transport, the sale of used cars and other vehicles to other countries is still profitable due to the relatively low cost and good ...