Part 1/11:
The Hidden Risks and Realities of Buying Used Cars in Singapore
Buying a used car might seem like a cost-effective alternative to purchasing a brand-new vehicle, especially given the skyrocketing costs associated with the Certificate of Entitlement (COE) in Singapore. As COE prices hit record highs, more consumers turn to the second-hand market, hoping to save money. However, beneath the shiny advertisements and enticing claims of "well-maintained" and "pristine condition," lies a complex landscape riddled with potential pitfalls, shady practices, and industry secrets that many buyers remain unaware of.