Payment guarantee
Not only saving the trouble of handling documentation and money matters, seller can use the Transaction Settlement Service* to avoid the risk of payment default. The seller keeps the car and the vehicle registration document will be handed back to the seller If the buyer fails to pay in full. Else, the seller receives a cheque for car sales proceeds in as little as 3 days after the buyer’s full payment and car ownership transfer that only takes place after confirmation of the buyer’s full payment.
*Fee-charging services are provided by DCH Quality Used Car and MotorMech Service Station Limited.