After accepting the offer, you must come to our office to sign the sales contract and collect the deposit before the next day. SgCarMart has important information for car owners and buyers. It is suitable for Singaporeans who have different engine needs. It has four sections: new cars, used cars, articles and the engine register. Singapore Customs also collects excise duties. This is another form of tax that is 20% of the OMV of your car. After the approval of the buyer`s loan (credit permits last about 2-3 days), the delivery of the vehicle can take place. Both the buyer and seller must be present at the Land Transport Authority with their identification cards (I/Cs) and provide proof of valid car insurance and vehicle tax. Both parties must complete the transfer to be made in Form M01.

Ownership of the vehicle cannot be transferred within three months from the date of registration, except in the event of the death of the registered owner. For easier reference, here you will find the necessary forms to download again: We can provide a vehicle evaluation report when the vehicle is transported to our office. The report will note the physical condition of the vehicle at the point of sale and we can use it to ensure that the vehicle is in the same condition at the time of delivery. This report documents the physical appearance of the vehicle and does not contain the mechanical components. We do not charge a fee for this service. Prepare a compensation form that the buyer can sign if a test drive is required. This allows the seller any liability in case of damage, loss or injury suffered during the test drive. The final step is for both parties to sign the remittance/acquisition form.

The buyer is then responsible for all fines, subpoenas and claims related to the vehicle. The seller can now give the buyer the vehicle keys and all relevant documents regarding the vehicle. To get its accuracy, the “New Cars” section includes prices that are updated twice a month, in addition to the latest information on all new car models on the market. That`s why sgCarMart is worth a visit if you want to buy your car. In addition, it contains important information and current guidelines for buying a car. Difference: $22,338 (vehicle tax, sales commission, sales gains, other fees) Make sure all your documents are correct and use online forms and payment systems to speed up the process. Sellers and buyers should arrange a meeting to tour the vehicle and confirm the agreement. A sales contract must be signed and a deposit must be made to confirm the agreement. We will help you process the rest of the paperwork as soon as you send us the sales contract signed and concluded here. The sales contract can be downloaded here. We also offer COE renewal services to customers who wish to renew the WCC for their existing cars. For more information about this service, please see sgcarmart.com/renewcoe.

By signing the sales contract, it means that you have accepted the specified conditions. It is important to check the veracity of the information contained in the sales contract before adding your signature to ensure that the dealer/seller does not have any hidden fees. From this site, you will also access useful information and online applications for car ownership, for example. B coe offers, renewal of vehicle tax and requests for COE reductions. Not necessarily. If you need help filling out certain forms or instructions on the appropriate procedures even before signing the sales contract, we can facilitate the signing of the sales contract in our office. You can find the sales contract here. In case of approval of the price of the vehicle, a sales contract form should be signed as confirmation of purchase.

This agreement should contain information about the buyer, seller and vehicle for sale. . . .