Carro Malaysia

  • Carro’s “No Drama” promo – up to RM10k off retail price and win from a pool of RM100k+ of prizes

    Carro’s “No Drama” promo – up to RM10k off retail price and win from a pool of RM100k+ of prizes

    Carro is currently having a “No Drama” promo in conjunction with the release of its short film “Jalan ke Kebenaran” which plays on the perception of used car transactions sometimes feeling like dealing with untrustworthy parties.

    You won’t have to deal with all that if you buy a Carro Certified car, because Carro pricing is all-in and includes no hidden fees!

    No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    You can watch the “Jalan ke Kebenaran” short film below.

    Carro “No Drama” promo

    Carro Certified cars under the “No Drama” promo are discounted up to RM10k.

    What’s more, if you buy a car during the promo period which ends August 15 2025, you will participate in a lucky draw where you can win from a pool of over RM100k in prizes!

    Here are some of the prizes:

    • 2x trip to Osaka
    • 10x Megra TV
    • 150x Petrol card
    • 150x Dashcam

    The inventory list below will show in real time the remaining inventory that’s still available for booking.

    Click here to view the full inventory list.

     

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  • Zeekr Malaysia appoints Carro as authorised dealer – to start with Bangsar, Penang, Seremban showrooms

    Zeekr Malaysia appoints Carro as authorised dealer – to start with Bangsar, Penang, Seremban showrooms

    Zeekr Malaysia has appointed Carro as an authorised dealer, with both companies today signing a memorandum of understanding at Carro’s Puchong flagship store. Carro will open Zeekr Space showrooms in Bangsar, Mutiara Damansara, Penang’s Juru Autocity and Seremban, plus three new authorised Carro Care workshops.

    “The positive response we have received from the Malaysian market over the past few months reflects the growing appreciation for Zeekr’s premium electric vehicles. This momentum reinforces our commitment to expanding our presence in Malaysia, and our partnership with Carro represents a significant milestone in that direction – enhancing both our sales network and after-sales capabilities to better support our customers.

    “This collaboration also aligns with our broader business strategy as we prepare for the introduction of our next important model, the Zeekr 7X,” said Zeekr Southeast Asia MD Alex Bao.

    “This is a really exciting step for us, as we offer even more automotive options to our customers in Malaysia. We’re seeing a growing market in Malaysia for hybrid and electric vehicles, with developing infrastructure and tax exemptions in place, and we’re ready to provide these services to Malaysians who are keen to make the switch to EVs.

    “Our expertise within the EV sector has us well-placed to handle inspections, repairs, and maintenance, and we’re so excited to have Zeekr as our partner,” said Carro international marketplace CEO Fong Hon Sum.

    Carro’s Malaysian Zeekr customers will have access to its financing, after-sales and insurance services with Genie Financial Services, Carro Care and Coverro respectively. Malaysia is actually Carro’s second new-car market – in March, it began selling parallel-imported cars in Singapore, supported by in-house warranties and Carro Care after-sales services, as well as Genie Financial Services in-house financing.

    Curious to find out more? Click here to send ZEEKR Carro a Whatsapp message and all your enquiries will be answered shortly.

     
     
  • Carro June 2025 special promo cars – up to RM15k off!

    Carro June 2025 special promo cars – up to RM15k off!

    Carro’s June 2025 deals are here! You can enjoy up to RM15,000 off on a wide range of Carro Certified cars that are As Good As New.

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking.

    Click here to view the full inventory list.

     

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  • Pay your Carro Certified downpayment with SPayLater, get RM200 off – instalment up to 12 months!

    Pay your Carro Certified downpayment with SPayLater, get RM200 off – instalment up to 12 months!

    Good news for anyone who plans to take advantage of Carro’s Car of the Month sale which offers up to RM15k off a special selection of cars. You can now enjoy an additional RM200 discount on top of all the other great deals if you pay your downpayment using SPayLater!

    SPayLater allows you instant credit of up to RM10,000 subject to approval and your individual credit limit. You can pay in instalments up to 12 months and even enjoy a 0% processing fee period if you choose to pay as a lump sum the next month, basically that’s a one month with no extra costs. For other repayment periods of either 3 months, 6 months or 12 months with 1.5% processing fee per month.

    This RM200 off promo is limited to the first 50 customers every month and will end on June 30 2025, so hurry up and book your favourite Carro Certified car.

    If you’ve not activated SPayLater yet, here’s a simple guide on how to activate it, or you can click here to learn more.

    Pay your Carro Certified downpayment with SPayLater, get RM200 off – instalment up to 12 months!

    And after you’ve activated it, here’s how to pay using SPayLater:

    Pay your Carro Certified downpayment with SPayLater, get RM200 off – instalment up to 12 months!

     

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  • No drama with you sell your car with Carro – get extra RM1,000 for your car for a limited time only!

    Selling your car shouldn’t feel like a complicated task. But for many first-time car sellers, it’s like navigating a room full of traps.

    Have you watched Carro’s latest short film? In “A King’s Dilemma,” the wrong approach can leave you disappointed — or worse, at a loss.

    But don’t worry. We’ve seen it all before.

    No drama with you sell your car with Carro – get extra RM1,000 for your car for a limited time only!

    As a trusted used car platform, Carro is here to ensure you get the best guaranteed price for your car.

    From now until June 13, sell your car with Carro and get an extra RM1,000 on top of our quote. And if you want to trade in, Carro will give you a RM1,000 discount on Carro inventory too!

    How to Be a Prepared Seller

    Do your research

    Start with a free inspection from Carro. Unlike other car platforms that charge you just for a quote, an inspection is totally free at Carro.

    Carro will also give you an instant offer afterward. No commitment, full transparency.

    Prepare your documents

    Car registration card (grant)
    Copy of Identification Card
    Loan settlement letter (if applicable)
    Proof of insurance
    Service records (optional but good to have)
    Road tax receipt

    Understand the steps

    Free inspection
    Receive an offer
    Settle loan (we’ll help!)
    Puspakom + ownership transfer
    Get paid instantly

    How Carro makes it easy to sell your car

    Free inspection

    Carro offers a free inspection — no obligation. Their team will assess your car and provide you with a clear picture based on data about its condition and market value.

    Transparent and fair offer

    You’ll receive a fair and transparent offer — based on real market data, not guesses or “friend prices.” No haggling, no hidden surprises—just an offer you can trust.

    Assist with paperwork

    Carro will guide you through the entire selling process — so you’re not confused by forms or specific terms. From start to finish, Carro will ensure you know exactly what to provide and sign.

    Handle loan settlement (if needed)

    Carro will manage loan settlements if necessary — no need to contact the bank or worry about outstanding balances. Just provide the details, and Carro will take care of it.

    Assist with ownership transfer and Puspakom inspection

    Carro will handle ownership transfer and Puspakom inspection — no need to queue or figure out the process yourself. The team will coordinate everything so you don’t have to lift a finger.

    Fast payment as soon as everything is approved

    And once everything is approved, you’ll receive your payment quickly — no long waits, no uncertainty. Just a smooth process from inspection to instant payment.

     

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  • Carro May 2025 special promo cars – up to RM15k off!

    Carro May 2025 special promo cars – up to RM15k off!

    Carro’s may-nificent deal is here! You can enjoy up to RM15,000 off on a wide range of Carro Certified cars that are As Good As New.

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking.

    Click here to view the full inventory list.

     

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  • Carro Raya Sales is on! Enjoy up to RM12k off for Carro Certified, Raya gift box and lucky draw prizes!

    Carro Raya Sales is on! Enjoy up to RM12k off for Carro Certified, Raya gift box and lucky draw prizes!

    Carro’s Raya Sales is on – don’t miss out on great discounts and prizes! You can enjoy up to RM12,000 off Carro Certified cars and get exciting rewards including 20 lucky draw prizes such as cash rebates or TVs! Plus the first 100 customers also get an exclusive Raya Gift Box!

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking.

    Click here to view the full inventory list.

     

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  • Carro Smile & Save promo this weekend – Feb 14-16

    Carro Smile & Save promo this weekend – Feb 14-16

    CNY may just be over, but Ramadan is coming, and soon Malaysians will be back in the mood for festivities thanks to Hari Raya that comes up next. Looking for a new car to balik kampung in style? Drop by Carro Retail Experience Centres this weekend where Carro is having a Smile & Save weekend event with additional goodies offered over the current New Year sale promo.

    Click here for a full list of Carro Retail Experience Centres. It’s best if you browse the Carro inventory list and if you see a car you’re interested in, the listing details will let you know which Carro Retail Experience Centre it is located at.

    Up for grabs this weekend if you buy a Carro Certified car that’s as good as new are the following:

    • 60 x RM250 petrol card
    • 30 x RM500 cash rebate
    • 10 x RM1000 cash rebate

    Remember, the Carro New Year sale is currently still ongoing!

    🚗 Save up to RM10,000 on select Carro Certified cars
    🔁 Extra year warranty for free — no worries, just extra peace of mind for 2 years!
    ⛽ Free petrol gift card worth RM200 for the first 100 customers.
    🎉 Drive into 2025 with your perfect car at carro.co.
    🗓️ Sale runs from 3 Jan – 28 Feb 2024

    Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking. Check out the full list of unsold inventory below or head on to Carro Malaysia website.

    Click here to view the full inventory list.

     

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  • Carro now supports SPayLater for your downpayment

    Carro now supports SPayLater for your downpayment

    Good news – for your convenience, you can now pay for your Carro Certified pre-owned car downpayment using Shopee’s SPayLater service. Shopee’s SPayLater service allows you instant credit of up to RM10,000 subject to credit records.

    You can pay in instalments up to 12 months and even enjoy a 0% interest period if you choose to pay as a lump sum the next month, basically that’s a one month free loan. For other repayment periods of either 3 months, 6 months or 12 months it will be according to SPayLater’s interest calculations.

    For a limited time only, you’ll also get RM100 off your Carro Certified car downpayment if you pay with SPayLater, provided the payment is a minimum of RM1,500.

    If you’ve not activated SPayLater yet, here’s a simple guide on how to activate it.

    Carro now supports SPayLater for your downpayment

    And after you’ve activated it, here’s how to pay using SPayLater:

    Carro now supports SPayLater for your downpayment

    If you’re in the market for a certified used car, Carro is currently having a New Year sale! Enjoy abundant savings on cars that are As Good As New and start the year with a journey filled with fortune and joy.

    Carro now supports SPayLater for your downpayment

    🚗 Save up to RM10,000 on select Carro Certified cars
    🔁 Extra year warranty for free — no worries, just extra peace of mind for 2 years!
    ⛽ Free petrol gift card worth RM200 for the first 100 customers.
    🎉 Drive into 2025 with your perfect car at carro.co.
    🗓️ Sale runs from 3 Jan – 28 Feb 2024

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    Check out the full list inventory on sale at the Carro Malaysia website.

     

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  • The Carro New Year Sale is on! Enjoy RM10k off for Carro Certified, 2 years warranty and a petrol card

    The Carro New Year Sale is on! Enjoy RM10k off for Carro Certified, 2 years warranty and a petrol card

    Usher in prosperity with a New Ride! Celebrate this Lunar New Year with Carro Malaysia’s New Year Sale! Enjoy abundant savings on cars that are As Good As New and start the year with a journey filled with fortune and joy.

    🚗 Save up to RM10,000 on select Carro Certified cars
    🔁 Extra year warranty for free — no worries, just extra peace of mind for 2 years!
    ⛽ Free petrol gift card worth RM200 for the first 100 customers.
    🎉 Drive into 2025 with your perfect car at carro.co.
    🗓️ Sale runs from 3 Jan – 28 Feb 2024

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking. Check out the full list of unsold inventory below or head on to Carro Malaysia website.

    Click here to view the full inventory list.

     

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  • Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia

    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia

    Carro has introduced a new Carro Certified Lite range of cars that’s designed to be easier on the pockets while still maintaining road safety and quality.

    You might have already heard of Carro Certified cars but what exactly is Carro Certified Lite and what makes it “Lite” compared to Carro Certified cars?

    What are Carro Certified cars?

    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia
    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia
    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia

    Carro Certified cars are cars that have gone through a stringent 160-point inspection. Each car is also ensured to have no mileage tampering and no major accidents, fire or flood damage. All Carro Certified cars have a max mileage of 100,000 km and are a maximum of 8 years old.

    As a result of this inspection and requirements, Carro offers a 5-day money back guarantee for every Carro Certified car you buy. On top of that, you have additional peace of mind thanks to 12 month warranty for the engine and gearbox.

    Click here for the full list of 160 points.

    How are Carro Certified Lite cars different?

    Carro Certified Lite cars are designed to be more affordable. They can be up to 13 years old and have mileage up to 170,000 km. The engine and gearbox warranty is shorter, at 3 months compared to 12 months for Carro Certified cars.

    Here’s a table to make it easier for you to compare.

    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia

    PROMO: Carro Certified Lite with 12 months warranty

    Carro Certified Lite – a new affordable range of certified pre-owned cars from Carro Malaysia

    As a limited time promo, Carro Certified Lite cars will come with the same 12 month engine and gearbox warranty as Carro Certified cars! So the only difference will be potentially the age of the car and the mileage.

    Click here to browse Carro Certified Lite inventory!

    List of Carro Certified Lite cars

    From RM 864 a month
    RM 78,800
    From RM 622 a month
    RM 56,800
    From RM 688 a month
    RM 62,800
    From RM 480 a month
    RM 43,800
    From RM 535 a month
    RM 48,800
    From RM 1,017 a month
    RM 92,800
    From RM 951 a month
    RM 86,800
    From RM 568 a month
    RM 51,800
    From RM 491 a month
    RM 44,800
    From RM 798 a month
    RM 72,800
    From RM 447 a month
    RM 40,800
    From RM 1,872 a month
    RM 170,800
    From RM 896 a month
    RM 81,800
    From RM 896 a month
    RM 81,800
    From RM 359 a month
    RM 32,800
    From RM 633 a month
    RM 57,800
    From RM 557 a month
    RM 50,800
    From RM 633 a month
    RM 57,800
    From RM 918 a month
    RM 83,800
    From RM 798 a month
    RM 72,800
    From RM 557 a month
    RM 50,800
    From RM 524 a month
    RM 47,800
    From RM 601 a month
    RM 54,800
    From RM 491 a month
    RM 44,800
    From RM 370 a month
    RM 33,800
    From RM 557 a month
    RM 50,800
    From RM 316 a month
    RM 28,800
    From RM 524 a month
    RM 47,800
    From RM 513 a month
    RM 46,800
    From RM 480 a month
    RM 43,800
    From RM 491 a month
    RM 44,800
    From RM 491 a month
    RM 44,800
    From RM 611 a month
    RM 55,800
    From RM 524 a month
    RM 47,800
    From RM 392 a month
    RM 35,800
    From RM 524 a month
    RM 47,800
    From RM 381 a month
    RM 34,800
    From RM 491 a month
    RM 44,800
    From RM 392 a month
    RM 35,800
    From RM 305 a month
    RM 27,800
    From RM 392 a month
    RM 35,800
    From RM 557 a month
    RM 50,800
    From RM 414 a month
    RM 37,800
    From RM 622 a month
    RM 56,800
    From RM 348 a month
    RM 31,800
    From RM 546 a month
    RM 49,800
    From RM 272 a month
    RM 24,800
    From RM 929 a month
    RM 84,800
    From RM 754 a month
    RM 68,800
    From RM 316 a month
    RM 28,800
    From RM 403 a month
    RM 36,800
    From RM 765 a month
    RM 69,800
    From RM 502 a month
    RM 45,800
    From RM 480 a month
    RM 43,800
    From RM 776 a month
    RM 70,800
    From RM 535 a month
    RM 48,800
    From RM 655 a month
    RM 59,800
    From RM 370 a month
    RM 33,800
    From RM 1,159 a month
    RM 105,800
    From RM 381 a month
    RM 34,800
    From RM 885 a month
    RM 80,800
    From RM 359 a month
    RM 32,800
    From RM 414 a month
    RM 37,800
    From RM 502 a month
    RM 45,800
    From RM 414 a month
    RM 37,800
    From RM 579 a month
    RM 52,800
    From RM 294 a month
    RM 26,800
    From RM 666 a month
    RM 60,800
    From RM 502 a month
    RM 45,800
    From RM 633 a month
    RM 57,800
    From RM 951 a month
    RM 86,800
    From RM 590 a month
    RM 53,800
    From RM 502 a month
    RM 45,800
    From RM 644 a month
    RM 58,800
    From RM 601 a month
    RM 54,800
    From RM 469 a month
    RM 42,800
    From RM 907 a month
    RM 82,800
    From RM 436 a month
    RM 39,800
    From RM 864 a month
    RM 78,800
    From RM 480 a month
    RM 43,800
    From RM 864 a month
    RM 78,800
    From RM 568 a month
    RM 51,800
    From RM 666 a month
    RM 60,800
    From RM 1,565 a month
    RM 142,800
    From RM 480 a month
    RM 43,800
    From RM 1,324 a month
    RM 120,800
    From RM 458 a month
    RM 41,800
    From RM 743 a month
    RM 67,800
    From RM 535 a month
    RM 48,800
    From RM 502 a month
    RM 45,800
    From RM 1,335 a month
    RM 121,800
    From RM 853 a month
    RM 77,800
    From RM 633 a month
    RM 57,800
    From RM 557 a month
    RM 50,800
    From RM 633 a month
    RM 57,800
    From RM 864 a month
    RM 78,800
    From RM 666 a month
    RM 60,800
    From RM 535 a month
    RM 48,800
    From RM 305 a month
    RM 27,800
    From RM 327 a month
    RM 29,800
    From RM 798 a month
    RM 72,800
    From RM 820 a month
    RM 74,800
    From RM 688 a month
    RM 62,800
    From RM 579 a month
    RM 52,800
    From RM 502 a month
    RM 45,800
    From RM 370 a month
    RM 33,800
    From RM 491 a month
    RM 44,800
    From RM 633 a month
    RM 57,800
    From RM 535 a month
    RM 48,800
    From RM 710 a month
    RM 64,800
    From RM 283 a month
    RM 25,800
    From RM 524 a month
    RM 47,800
    From RM 633 a month
    RM 57,800
    From RM 1,247 a month
    RM 113,800
    From RM 458 a month
    RM 41,800
    From RM 787 a month
    RM 71,800
    From RM 622 a month
    RM 56,800
    From RM 754 a month
    RM 68,800
    From RM 359 a month
    RM 32,800
    From RM 524 a month
    RM 47,800
    From RM 305 a month
    RM 27,800
    From RM 524 a month
    RM 47,800
    From RM 590 a month
    RM 53,800
    From RM 414 a month
    RM 37,800
    From RM 754 a month
    RM 68,800
    From RM 776 a month
    RM 70,800
    From RM 491 a month
    RM 44,800
    From RM 338 a month
    RM 30,800
    From RM 316 a month
    RM 28,800
    From RM 502 a month
    RM 45,800
    From RM 622 a month
    RM 56,800
    From RM 732 a month
    RM 66,800
    From RM 787 a month
    RM 71,800
    From RM 283 a month
    RM 25,800
    From RM 885 a month
    RM 80,800
    From RM 294 a month
    RM 26,800
    From RM 973 a month
    RM 88,800
    From RM 710 a month
    RM 64,800
    From RM 469 a month
    RM 42,800
    From RM 250 a month
    RM 22,800
    From RM 327 a month
    RM 29,800
    From RM 458 a month
    RM 41,800
    From RM 513 a month
    RM 46,800
    From RM 469 a month
    RM 42,800
    From RM 754 a month
    RM 68,800
    From RM 1,159 a month
    RM 105,800
    From RM 579 a month
    RM 52,800
    From RM 502 a month
    RM 45,800
    From RM 283 a month
    RM 25,800
    From RM 338 a month
    RM 30,800
    From RM 425 a month
    RM 38,800
     

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  • Carro announces 11x y-o-y EBITDA growth for FY2024, fourth year positive EBITDA, Woori investment

    Carro announces 11x y-o-y EBITDA growth for FY2024, fourth year positive EBITDA, Woori investment

    Carro has announced it has achieved a best-ever EBITDA of S$43 million for FY2024, which represents a 11x growth over FY2023. This also marks the fourth year that Carro has posted positive EBITDA.

    According to audited FY2024 numbers, EBITDA margin was 4% while gross profit margin expanded to 12% thanks to a combination of strong marketplace margin expansion, ecosystem-led ancillary income growth, and productivity optimisation.

    Carro’s fintech business, Genie Financial Services, recorded prudent growth across the region and kept non-performing loans (NPL) at below 0.5%, which Carro says is much better than industry benchmarks. The overall loan book grew to S$496 million.

    In addition, Carro also saw two new markets added in 2024 – Hong Kong and Japan. In addition to the existing Southeast Asian markets and Taiwan, this makes a total of 7 countries that Carro is present in.

    Aaron Tan, co-founder and Group CEO of Carro says, “These numbers underscore the unique differentiated benefits of our ecosystem-led business operating model, as we focus on driving marketplace margin expansion by cross-selling ancillaries to drive recurring income streams. Even as we grow our volumes at double digit percentage to a record, we have and will continue to be laser focused on improving profitability, customer lifetime value across our ecosystem, inventory turnaround speed and productivity. This means building and leveraging more data and technology, including AI and machine learning. We are better placed than ever to scale sustainably and profitably in our core markets and are very excited to grow our newest markets: Hong Kong and Japan. We are still small in an enormous but fragmented market, there is significant room for growth as we build our business for scalability and sustainability.”

    Ernest Chew, Chief Financial Officer of Carro says “We are heartened and proud to have over-delivered on our initial target of a 10x EBITDA growth. Despite a challenging macro-environment, we achieved significantly improved margins across most profitability metrics last year. Our focus on quality of revenues and recurring earnings have resulted in a 92% reduction in reported operating loss and within a striking distance of positive operating profits. Even as our cash from operating activities swung to positive, we continue to be extremely vigilant on liquidity and have built up a warchest of over S$400 million in cash and undrawn lines. We have also been disciplined around managing down costs, improving efficiencies and pushing digital transformations to drive strong earnings growth.”

    Carro announces 11x y-o-y EBITDA growth for FY2024, fourth year positive EBITDA, Woori investment

    FY2024 also saw Carro receiving strategic investments from Jardines and launched Carro Care Powered by Jardine & Cycle, Carro’s in-house refurbishment and after-sales servicing capabilities. It received a strategic investment from DRB-Hicom to support its Malaysian fintech business, which has seen solid growth. Carro also strengthened its insuretech offerings by working with ZA Tech to distribute highly personalised self-serve insurance products online, leading to a Gross Written Premium growth of over 60%.

    Carro has also announced a new investment from Korean-based Woori Venture Partners. Carro aims to grow further in its Southeast Asian markets, especially in Indonesia where Woori has a strong presence in. Indonesia used car market size is estimated at US$56.3 billion in 2024, and is expected to reach US$74.4 billion by 2029, according to a study by Mordor Intelligence.

    Alan Ang, Director of Woori Venture Partners says, “Carro is the clear leader in a space that is prime for disruption, with significant room for expansive growth. Their ability to grow profitably at scale is testament to their performance and commitment. Woori Venture Partners continues to be a global venture capital leader by backing outstanding founders and sustainable businesses anywhere in the world with our investment in Carro. We are very pleased to be a strategic partner of Carro and help Carro reach its next stage of growth.

    Ernest Chew, Chief Financial Officer of Carro says, “It’s always been a priority for Carro to build powerful partnerships with banks and financial institutions. Receiving a strategic investment from Woori Venture Partners, a venture capital subsidiary of Woori Financial Holdings – a storied Korean financial institution – is a ringing endorsement of our ecosystem-led and complementary fintech business model. We look forward to working with Woori to plug the gaps in the market, serve the underserved better and drive financial inclusion.”

     

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  • Carro AutoFair 2024 this weekend at Carro Retail Puchong South – the best certified pre-owned deals!

    Carro AutoFair 2024 this weekend at Carro Retail Puchong South – the best certified pre-owned deals!

    Looking to get a quality certified pre-owned car at an attractive price to ring in 2025?

    Look no further than the Carro AutoFair 2024, which will take place this December 6-8 weekend at Carro Retail Centre Puchong South. Cars, deals, discounts, prizes, three dream holiday destinations – need we say more?

    Navigate there now: Google Maps

    Let’s look at some of the irresistible wheels on offer. You could drive home a 2020 Honda City from RM62k or a 2018 Honda Civic from RM72k. Proton fans, there’s the 2022 Saga from RM29k, plus the 2022 X50 and 2021 X70, both starting at RM66k.

    Gems from Toyota, Mazda and Nissan too – how about a 2020 Yaris from RM59k, 2019 CX-5 from RM74k and 2021 Almera from RM59k? And if you want something premium, you’d do well to check out the 2020 BMW 218i from RM129k and the 2019 Mercedes-Benz A200 from RM134k.

    Carro Certified cars are offered with up to RM10,000 off, plus one extra year of Carro’s engine and gearbox warranty for a total of two years, which is also how long you’ll get free service for. Moreover, take home additional event-exclusive gifts when you book a car, including 10% off insurance renewals and a 40% discount on a Carro Care respray.

    Carro AutoFair 2024 this weekend at Carro Retail Puchong South – the best certified pre-owned deals!

    Spin and win!

    Each booking will grant you a spin of the wheel to win prizes upon delivery, such as a 4K smart TV, a RM500 cash rebate, MaxTag readers, Touch ‘n Go eWallet credits, petrol cards, dash cams and more. Check out the prizes below:

    • Hewlett Packard (HP) f270 DashCam
    • TNG RM100
    • Petrol card worth RM100
    • Xiaomi Band 9
    • Samsung Galaxy Earbud FE
    • Xiaomi Outdoor Camera CW300
    • MaxTag (Smart Tag)
    • Megra 43″ 4K SmartTV
    • RM500 Cash Rebate

    Stand to win 2 tickets to these dream destinations!

    Last but certainly not least, you will be entered into a lucky draw where you’ll stand a chance to win a trip to Osaka (6D/5N), Turkey (9D/7N) or Bali (4D/3N) upon delivery.

    If you yearn to visit Nara Deer Park, go on a hot air balloon ride in Cappadocia, or sunbathe on the white sands of Bali, this is your chance! All you have to do is buy a Carro Certified car to be entered automatically into a lucky draw.

    Win 2 tickets for an all-expense-paid trip to one of 3 sought-after holiday destinations:

    • 6D5N trip to Osaka, Japan – 2 winners (2 tickets each)
    • 9D7N trip to 8 cities in Turkey – 2 winners (2 tickets each)
    • 4D3N trip Bali, Indonesia – 2 winners (2 tickets each)

    So see you at the Carro AutoFair 2024, December 6-8, Carro Retail Centre Puchong South!

    Navigate there now: Google Maps

    Meanwhile, you can browse the available inventory on Carro’s website.

     

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  • Carro AutoFair 2024: City RM62k, Civic RM72k, Saga RM29k, X50 RM66k with 2-year warranty, free service

    Carro AutoFair 2024: City RM62k, Civic RM72k, Saga RM29k, X50 RM66k with 2-year warranty, free service

    Looking to get a quality used car at an attractive price to ring in 2025? Look no further than the Carro AutoFair 2024, which will take place over the December 6-8 weekend at Carro Retail Centre Puchong South. Cars, deals, discounts, prizes, three dream holiday destinations – need we say more?

    Let’s look at some of the irresistible wheels on offer. You could drive home a 2020 Honda City from RM62k or a 2018 Honda Civic from RM72k. Proton fans, there’s the 2022 Saga from RM29k, plus the 2022 X50 and 2021 X70, both starting at RM66k.

    Gems from Toyota, Mazda and Nissan too – how about a 2020 Yaris from RM59k, 2019 CX-5 from RM74k and 2021 Almera from RM59k? And if you want something premium, you’d do well to check out the 2020 BMW 218i from RM129k and the 2019 Mercedes-Benz A200 from RM134k.

    Carro Certified cars are offered with up to RM10,000 off, plus one extra year of Carro’s engine and gearbox warranty for a total of two years, which is also how long you’ll get free service for. Moreover, take home additional event-exclusive gifts when you book a car, including 10% off insurance renewals and a 40% discount on a Carro Care respray.

    Carro AutoFair 2024: City RM62k, Civic RM72k, Saga RM29k, X50 RM66k with 2-year warranty, free service

    Spin and win!

    Each booking will grant you a spin of the wheel to win prizes upon delivery, such as a 4K smart TV, a RM500 cash rebate, MaxTag readers, Touch ‘n Go eWallet credits, petrol cards, dash cams and more. Check out the prizes below:

    • Hewlett Packard (HP) f270 DashCam
    • TNG RM100
    • Petrol card worth RM100
    • Xiaomi Band 9
    • Samsung Galaxy Earbud FE
    • Xiaomi Outdoor Camera CW300
    • MaxTag (Smart Tag)
    • Megra 43″ 4K SmartTV
    • RM500 Cash Rebate

    Stand to win 2 tickets to these dream destinations!

    Last but certainly not least, you will be entered into a lucky draw where you’ll stand a chance to win a trip to Osaka (6D/5N), Turkey (9D/7N) or Bali (4D/3N) upon delivery.

    If you yearn to visit Nara Deer Park, go on a hot air balloon ride in Cappadocia, or sunbathe on the white sands of Bali, this is your chance! All you have to do is buy a Carro Certified car to be entered automatically into a lucky draw.

    Win 2 tickets for an all-expense-paid trip to one of 3 sought-after holiday destinations:

    • 6D5N trip to Osaka, Japan – 2 winners (2 tickets each)
    • 9D7N trip to 8 cities in Turkey – 2 winners (2 tickets each)
    • 4D3N trip Bali, Indonesia – 2 winners (2 tickets each)

    So see you at the Carro AutoFair 2024, December 6-8, Carro Retail Centre Puchong South! Meanwhile, you can browse the available inventory on Carro’s website.

     

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  • Carro Certified 2024 Year-End Sale – enjoy savings up to RM10k, 2.96% Maybank interest, 12 month warranty

    Carro Certified 2024 Year-End Sale – enjoy savings up to RM10k, 2.96% Maybank interest, 12 month warranty

    Here’s some of Carro Malaysia’s inventory that have a year-end special promo up to the end of 2024. There are discounts of up to RM10,000 for the inventory under the this promo.

    You can also enjoy low interest rate for hire purchase loan from 2.96% with Maybank if you want to buy with a loan, so there’s more savings to be gained there!

    That’s not all, if you trade-in your existing car to Carro to buy a Carro Certified car, you will get an extra RM1,000 in bonus overtrade support!

    Remember, Carro pricing is all-in and includes no hidden fees! No extra fees if you are a loan buyer, no extra processing fees, no extra inspection fees. Everything is in the listed price, so beware of other car classifieds listings that advertise a cheaper price then hit you with all kinds of surcharges.

    Carro Certified benefits:

    – 160 point inspection
    – 5 day money back guarantee
    – 12 month warranty for engine and gearbox
    – no mileage tampering
    – no major accidents, fire and flood damage

    The inventory list below will show in real time the remaining inventory that’s still available for booking. Check out the full list of unsold inventory below or head on to Carro Malaysia website.

    Click here to view the full inventory list.

     

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Last Updated Jul 03, 2025

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