Used cars sales in Singapore to cross over 120 Th units by 2025. Will Singapore continue the support for increased sale of used cars? : Ken Research 1. Adoption of AI Technology and Easy Financing Options Contributing to C2B Platforms’ Growth Click to know: More technological Developments Singapore Used Car Market Leveraging technologies such as Artificial Intelligence & Virtual Reality to enhance the digital experience for consumers by offering 360° interior & exterior view of the car, estimating car price online via… Read More »
The Used Car Industry in Singapore is growing at CAGR of 11.1% Basis Revenue. Will Singapore continue this growth trajectory? Ken Research 1. Singapore has the Highest Penetration of Online Sales with 90% Online Sales Click to know: Online vs Physical store sale in Used Car Market Increasing internet and smartphone penetration leading to high sales facilitated by online platforms such as Carro and others. Due to two-month long CB measures and tight border restriction, overall sales… Read More »
