iCAR ASIA LAUNCHES CarlistBid.my – Linking Car Sellers To Dealers in Malaysia

13 AUGUST 2018, Sungai Penchala – iCar Asia Limited recently has launched their CarlistBid.my which is a trading platform for all car owners and sellers here in ASEAN. Aiming to be the most trusted car bidding platform, iCar Asia Limited is committed to provide and end-to-end services to all their customers by establishing this extension by expanding their coverage from dealership to the source.

“We are currently ready for Malaysia, and next is Thailand and Indonesia” said Mr. Hamish Stone, Chief Executive Officer of iCar Asia Limited during his speech at the launching ceremony. CarlistBid.my currently achieved a RM 2.1 Million in sales during their four (4) month testing period here in Malaysia in an average of five (5) day per sales completion. By having a direct connectivity between the sellers and dealers, iCar Asia Limited hoped that they can manage a faster turnaround time in both sales and dealerships.

Currently, CarlistBid.my is utilizing Carlist.my database which comprises of approximately three thousand dealers and over three million ready sellers to begin this journey. By using four (4) simple steps; Request, Inspect, Bid & Sold should provide a convenient means for the sellers to trade their cars. During the Inspection Demonstration, the Carlist Certified mechanics introduce their “100 point checks” which varies from old and new cars (covers mechanical, electrical, environmental & safety elements) and this will determine the health condition and value of the car after the inspection – the data will be provided within the car-description details to help dealers to select the best value for their deals. This platform also aims to trade with a wholesale pricing which rated 20% – 30% below the market price.

iCar Asia Limited is listed in the Australia Securities Exchange (ASX:ICQ) and operating Carlist.my which is ASEAN’s no. 1 network of automotive portals. Now, they are expanding their services by establishing CarlistBid.my which targeted the lower chain of the supply system. After Malaysia, iCar Asia Limited will launch this platform in Thailand (Bangkok) and Indonesia (Jakarta) to broaden their coverage.

For more information about their product and services, please visit their website at www.carlistbid.my to find out more.

We here at Team @wanita4u.fm wishes all the best to Mr. Hamish Stone and his team in expanding their business and hopefully this platform will be sought out to the next region in the near future.