Grab rolls out new car marketplace offering new and pre-owned vehicles
More than 40 cars are listed on the platform currently Car shoppers in Singapore now have a fresh option to browse new and used vehicles, following the launch of Grab’s online car marketplace on Sep 9. At the time of writing, there were more than 40 cars listed on the website, including used ones belonging […]
Grab has introduced an online marketplace for both new and pre-owned vehicles in Singapore, providing customers with a new platform to explore automobile options. The website was launched on September 9 and currently features over 40 listings, including used cars from dealerships such as SG Car Choice and CarTimes Automobile, as well as vehicles from GrabRentals, Grab's car rental arm.
Used vehicles can range in price from S$11,800 for a Mazda 3 Sedan to S$204,997 for a Toyota Alphard Hybrid. New cars on the marketplace are predominantly electric or hybrid, with models such as the BYD Seal 6 DM-i plug-in hybrid, Dongfeng Box Electric Essential, Proton e.Mas 7 Electric, and Hyundai Kona Hybrid. Dealers who list their vehicles on the platform also supply cars to Grab's private-hire and taxi operations.
Some dealers, like those from Volt Auto and Komoco Motors, do not have to pay to list their cars, as they see the marketplace as a fresh avenue to reach customers. The launch of the Car Marketplace aims to simplify vehicle sourcing and provide more paths for drivers interested in owning electric vehicles. The digital bank GXS AutoLoan, backed by Grab Holdings and Singtel, offers financing options for private-hire drivers to finance their purchases through the marketplace.
Written by urgent.news from Vulcan Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
