In Malaysia Market
The profit that earned by second-hand car shop is lesser when compared to previous 10year
All of this due to loan can be easily applied through bank
And the installment can be extended
New car also cheaper than before
Malaysian are mostly choose to purchase new car
Recently,I have an idea to increase the profit of second-hand car shop
"One-stop integrated solution"
It is integration of many services in one store
But it may take a risk
Because it need invest much money and have good relationship with other car services
Like mechanic, accessories shop,insurance dealers
Combining all those services in one lump sum
One of the reason of Malaysian do not choose second-hand car
Because lost confidence of old car quality in the market
Integration of the services can help increase the confidence of customers toward second-hand car
Skilled Mechanic can get accessories easily in same store for repairing the second-hand car
All these services can build the image and reputation of the shop
Help handling the insurance of the car when buy the car can reduce search cost too
Finally,shop can try to obtain the license of selling new car
Customers can have one more choices when go to the store
And compare the prices between them
This will increase customer value
And customers are willingly sacrifice something
To get better service value
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