Easy Loan Availability, Ease of doing business, Consumers preference for personal vehicle and the Fruitful Lemon Law will flourish the Used Car Market of Singapore – Ken Research 1. Singapore sustains 1st rank in Asia in the World Bank’s Ease of Doing Business index 2020, ranked 2nd globally In 2020, Singapore ranked 2nd out of 190 countries in the World Bank’s Ease of Doing Business Index. The country has maintained its second position for four consecutive years. In the Global Competitiveness Index ranking,… Read More »
Singapore Used Car Market Research Report, Size, Share, Trends, Future Outlook, Business Opportunity, Dealers, Competition, and Forecast 2021–2030: Ken Research Buy Now A used car is the second-hand vehicle that is accessible for resale. Several outlets such as franchise and independent car dealers, rental car companies, auctions, private party sales, and leasing offices sell used cars. A surge in the requirement of private cars, coupled with opportune financing facilities, augmented internet penetration and improved digitalization… Read More »
Singapore Used Car Market Future Outlook To 2025, Size, Major Players, Revenue, Demand, Competition, Segmentation, Business Opportunity, Dealers, Present Status, and Forecast: Ken Research HOW IS THE SINGAPORE USED CAR MARKET POSITIONED? Overview: 65% of the total population is under the age bracket 20-64 years supplemented by the high per capita income. The used car market in Singapore is quite fragmented. There has been a surge in the demand for private vehicles since the pandemic has made it quite… Read More »
