The platform will help the overall process along by connecting the seller with the buyer no matter if they're a used auto dealer or a normal everyday consumer.
Corporations, organizations, and SMEs can also utilize the platform when they need to get rid of extra vehicles from their fleets.
When a consumer or dealer lists their vehicle that can also choose to add a 'Buy It Now' price if they're looking to quickly sell the car. Listing vehicles on the platform is free however there is a mandatory $30 Puspakom B5 inspection fee that will be removed from the vehicle's final selling price once the sale is confirmed.
MUV CEO, Andy Teh said: “In Malaysia, buying and selling a used car is such a troublesome process that most people will just opt for the easy way out by trading in for their next purchase. At MUV, we hope to address this by becoming their facilitator and providing a platform for them to buy and sell their cars with ease, not just to list their cars and wait for potential buyers.”
“With the launch of muvbid, anyone can sell and bid for the car they are interest in anytime, anywhere. Sellers can self-list their cars and potential buyers can then place bids of the price they are willing to pay for the cars.”
“We even conduct free verification inspections on listed cars via MUV Verified if the seller chooses to. The ?MUV Verified badge provides potential buyers the assurance that the said vehicle’s condition has been inspected and verified as per what the seller has declared,” Teh added.