New binding feature for online car auction service Quotz

Singapore

ONLINE car auction platform sgCarMart has introduced a new feature to its sgCarMart Quotz (Quotz) service that would give sellers greater assurance on the final sale price after the end of a bidding process.

Incorporated in 2007, Quotz gives car owners and sellers access to over 500 car dealers, who can bid for a listed vehicle through a live bidding system.

In past instances where the deals were finalised offlin…