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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 ...
[citation needed] Singapore exports its cars to many countries, including African countries. Used cars are often exported to other countries with right-hand driving, but there are exports to left-hand-driving countries as well. [18] New Zealand allows used cars previously registered in Singapore to be imported without any modifications. [19]
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 starting MSRP for a brand new 2024 model is just $22,050, making it one of the most affordable cars on the road, and its ubiquity makes for plentiful deals on the used market.
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
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 ...
Other than these exporters, most members are used vehicle dealerships that sell in Japan and are used by Japanese people to find a car they want. In Japan, there are over 30 well-known auto auction groups and over 200 auto auction locations throughout Japan. [4] Additionally, there are smaller auctions held for specialized items.
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