Purposes

Acting as an intermediary between consumer-to consumer transaction, sgCarMart is a good example of a transaction broker who helps consumers to perform transactions more efficiently.

Through sgCarMart, consumers who wish to sell or purchase cars can do so with much more convenience as it helps to reduce one’s search cost. Instead of hunting for different car dealers to compare prices and gather information, sgCarMart allows a consumer to search for relevant information by just a click at their search engine.

In a consumer’s point of view, this can significantly reduce one’s search cost. Moreover, sgCarMart will save all the hassle by taking charge of advertising for the consumers and handling all the documents required, such as insurance, hence consumers can benefit from all these cost savings.