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sgCarMart: Singapore's ebay of cars

Today, 95% of used car dealers use its platform, which draws a visitor count of 2.6 million a month.

Mr Tan: "The used car market is evergreen - there will always be cars being transacted in Singapore. And as long as there is the need for cars, price equilibrium will see that supply matches demand."

HOME-GROWN vehicle trading portal sgCarMart (SGCM) has come a long way in scrubbing clean the stereotypes of persuasive but dishonest salesmen.

The company - bought over by The Business Times publisher Singapore Press Holdings in 2013 - seeks to bridge the information gap between buyers...

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