Latest / The Straits Times Podcasts
S1E8: How used car dealers make money; tips for selling your car
As it turns out, it is not from the mark-up on the car itself that pays the bulk of the bills for used car dealerships
Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.
Almost 60 per cent of those who sell their cars, are looking for another one. This means that the business of used cars will continue.
ST's senior transport correspondent Lee Nian Tjoe speaks with Mr Kuanyu Tan, the country manager of Carro, a used car dealership that buys and claims to sell 6,000 cars a year, to understand…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.