Lowest car loan rates from 2.28%
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Frequently Asked Questions
Q1: How long does it take to sell my car on Carro?
There is a team of highly caffeinated people working around the clock to find you a buyer that loves your car as much as you do. While there are several factors affecting the sale of your car, they are generally sold within 30 days. Should your car not be sold within that time frame, there is the option to engage our extended service – Carro Express.
Q2: Are there any hidden fees?
Transparency in the market is something that we strongly believe in. There will be no fees incurred till the sale is successful. Success fee is $250 or 0.5% of the transacted price whichever is higher.
Should you have an existing loan that requires our assistance to settle, there will be a full settlement fee of $200 or 0.5% of the full settlement figure quoted by the finance company whichever is higher.
Q3: What is Carro's selling process?
After indicating your interest to sell, we will contact you shortly with a price analysis and proceed to schedule an appointment and have photos of your car taken. Once that is done, your car will be uploaded onto multiple platforms so as to maximise its exposure. We will subsequently qualify the enquiries and handle the paperwork for your sale.
Q4: How do you price my car?
Price analysis is provided based on current market condition backed with extensive historical data.
It is highly recommended to follow the guide price provided in order to garner adequate interest in your car. We will want to get your car off the shelf as quickly as possible in order to minimize the depreciation while maximizing the return of the sale.