MyMotor now has an online car bidding platform that’s open to the public. It’s called MyAuction and private car owners and dealers can buy and sell used cars there in online car auctions.

Unlike its competitors in the same market the key features of MyAuction are:

  • SIMPLE – The bidding process on MyAuction is simple, safe and secure with seamless navigation.
  • TRANSPARENT – The cars listed on MyAuction have been inspected by the professional team at MyMotor. As such, buyers will have a full, transparent understanding of the car’s true condition and value.
  • HASSLE-FREE – The MyAuction team will handle all paperwork and documentation involved, ensuring a stress-free process for vehicle ownership transfer.
  • FINANCIAL ASSISTANCE – Buyers who require financial assistance will have the option of taking up a loan through MyMotor.
  • ROADSIDE ASSISTANCE – Buyers will enjoy complimentary one-year roadside assistance by MyAssist for any successful car bid on MyAuction.
  • AUTO WARRANTY EXTENSION – Extension of auto warranty can be purchased at a discounted price.

How more on this, check out the press release below.

Press Release:

MyMotor by MYEG, an online solution portal for vehicle ownership introduces its online car bidding platform, MyAuction where private car owners can now buy and sell used cars in an online car auction, alongside car dealers.

The online car auction is open to members of the public so that both buyers and sellers including private car owners and car dealers can view the bids in progress. Buyers are assured of getting the best price in the market as they will be dealing directly with the seller without a third party involved.

For sellers, there is an opportunity to secure a higher price should there be a strong demand among bidders. With online bidding, sellers will be able to reduce the waiting time required to sell their car compared to the traditional method.

With MyAuction offering a C2C platform unlike its competitors in the same market space, car buyers will now have another option when it comes to shopping for the car of their dreams. The key features of MyAuction are:

  • SIMPLE – The bidding process on MyAuction is simple, safe and secure with seamless navigation.
  • TRANSPARENT – The cars listed on MyAuction have been inspected by the professional team at MyMotor. As such, buyers will have a full, transparent understanding of the car’s true condition and value.
  • HASSLE-FREE – The MyAuction team will handle all paperwork and documentation involved, ensuring a stress-free process for vehicle ownership transfer.
  • FINANCIAL ASSISTANCE – Buyers who require financial assistance will have the option of taking up a loan through MyMotor.
  • ROADSIDE ASSISTANCE – Buyers will enjoy complimentary one-year roadside assistance by MyAssist for any successful car bid on MyAuction.
  • AUTO WARRANTY EXTENSION – Extension of auto warranty can be purchased at a discounted price.

Private car owners who would like to list their car(s) for sale on MyAuction can register on MyMotor. An appointed professional inspection team will arrange to meet and inspect your car. Once completed, the team will notify the seller on the date and time of the online auction. The service is currently available in West Malaysia only.

For private car buyers who are interested to view and bid for the cars, they will first have to register their interest on MyMotor. They will then be notified on any upcoming online auctions after which they can bid for the car of their choice.

To find out more about MyAuction, visit www.mymotor.my.