Sgcarmart Introduces New Financing Initiative for Used Cars


A new fully-digital ‘Smart Loan’ service for used car buyers

SINGAPORE – Media OutReach – 3 April 2023 – Sgcarmart, Singapore’s #1 car platform for buying & selling cars, officially introduced it’s new revolutionary car financing service, Sgcarmart Smart Loan today. This new fully-digital service seeks to boost used car sales in Singapore by offering car buyers below-market interest rates and a fast online approval process that can be done via MyInfo.

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About Sgcarmart

Sgcarmart is Singapore’s #1 car platform. With over 30,000 listings, it offers the largest database of new and used cars, with an average of 10 cars sold every hour, helping to drive approximately 70% of all second-hand car transactions in Singapore. The platform receives more than 1.6 million users every month, offering the highest level of support for drivers with its suite of value-added car ownership & transactional services.