What is the process after I accept your offer for my car?

FAQ for Seller

The next step is to provide us with your preferred date, time and location to view the car and also the intended date of handing over the vehicle. You will need to apply for a Transaction Pin from the Land Transport Authority (LTA). The next step is to provide us with your preferred date, time and location to view the car and also the intended date of handing over the vehicle. You will need to apply for a Transaction Pin from the Land Transport Authority (LTA).

How to apply for a Transaction Pin?

FAQ for Seller

The next step is to provide us with your preferred date, time and location to view the car and also the intended date of handing over the vehicle. You will need to apply for a Transaction Pin from the Land Transport Authority (LTA).

Why do you need the Transaction Pin?

FAQ for Seller

The next step is to provide us with your preferred date, time and location to view the car and also the intended date of handing over the vehicle. You will need to apply for a Transaction Pin from the Land Transport Authority (LTA).

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FAQ for Seller

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What is Balloon Scheme?

FAQ for Seller

The Balloon Scheme is a typical loan option that helps a potential car buyer reduce initial down payment & heavily reduced monthly repayments. The initial downpayment can be reduced to as low as 10% and its monthly installemnt can be reduced by a good 50%! However, it also means that by the last year, your PARF value will wiped out or with 10% balance, depending on individual finance company, which you may have to potentially pay in cash to redeem its PARF should you wana extend its COE or you could simply give the car back to the finance company without paying anything. Another thing to note will be that usually, under the Balloon Scheme, interest rates will be slightly higher. Tips: At the end of the day, you could have an dealer to offer you higher body value for the car and they will redeem its parf for you, so instead of returning the car and getting no cash back on body value, look for us! & we will redeem its PARF Value and at the same time, giving you a good cash back on your cars body value!

demo questions 1

FAQ for Buyer

This is the answer for question 1