car debts

• chronicles

  9 Aug 05, 13:21

  I notice many yuppie singaporean like to buy what 1000 00 thousand dollar car then cannot pay.
• zichuan

  9 Aug 05, 15:14

  can pay, support a few mths or years only, then no more le
• asianwolf

  9 Aug 05, 17:27

  what happens if you cannot pay
• digicharat

  9 Aug 05, 19:18

  singaporean mah....
  having face is important to them.
  always want to live beyond their means to act rich.
  'hit swollen the face to act fat'
  
  i just dont get it lor... buy the car but cannot pay the installment then get the car towed away, isnt it more sia suay than not owning one in the first place?
• ditzy

  9 Aug 05, 19:22

  Originally posted by asianwolf:

  what happens if you cannot pay

  You have to prove you can pay first right?
• tailslide

  10 Aug 05, 00:07

  i think this only becomes a prob when some changes in lifestyle takes its toll on ur liquidity after u first buy such cars. for eg, marriage, housing loans, unplanned pregnancies, kena fire/ retrenched, accident/ illness resulting in disability, pay cut, parent's become dependant etc...... prob is, there is no such thing as a constant in this ever changing world. dun think that would be a prob in the first place when they buy the cars.