Cars auction
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Hi....I've read an article in the papers lately that Repossed cars were beeing
auctioned off below market price...izzit worth buying such cars?? how do we know when n where is the auction taking place...(newspaper,net)??? carer to
comment?? -
which market price u toking abt?
dealer market price? or end user market price? -
i saw it in newspaper classified section several times...Originally posted by fuzzybrain:Hi....I've read an article in the papers lately that Repossed cars were beeing
auctioned off below market price...izzit worth buying such cars?? how do we know when n where is the auction taking place...(newspaper,net)??? carer to
comment?? -
sori in the papers they never mention anything, juz say below market price dats all
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You mean they actually state that they are selling off the cars below market price in the ad?
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u serious???
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in the newspaper the "REPOSSED" is often highlightedOriginally posted by fuzzybrain:sori in the papers they never mention anything, juz say below market price dats all -
for what i heard of... yes.. there is such type of auctions. but... its all full payment terms. means no loan... full payment after auction secure. the price may not necessary be low. cozz most of the time, there are bound to be some dealers or other pple looking for a better deal. I have heard from 1 private car agent, they went for the auct for a rex sti but in the end.... someone else bid at a price at only 5% lower den the market parf for it. Its only possible to get a good price for those cars which very little pple are interested in. Its without COE. And not to foget... even if you secure the car at the auct. there are alot of paperworks to be done to get it on the road unless u r really familier with it and admin fee.
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hmmmm.....dat bad ah.....might aswell buy a new one..since coe is down..anyway when will this trend stop n starts to go up again??
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Its easy but you must have the cash. Pay up full when you win it. Prices will be good if you have insider information.Originally posted by drumstick:for what i heard of... yes.. there is such type of auctions. but... its all full payment terms. means no loan... full payment after auction secure. the price may not necessary be low. cozz most of the time, there are bound to be some dealers or other pple looking for a better deal. I have heard from 1 private car agent, they went for the auct for a rex sti but in the end.... someone else bid at a price at only 5% lower den the market parf for it. Its only possible to get a good price for those cars which very little pple are interested in. Its without COE. And not to foget... even if you secure the car at the auct. there are alot of paperworks to be done to get it on the road unless u r really familier with it and admin fee.
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sorry boss i know u spend alot time typing this msg with good intentions but it is entirely wrong.............Originally posted by drumstick:for what i heard of... yes.. there is such type of auctions. but... its all full payment terms. means no loan... full payment after auction secure. the price may not necessary be low. cozz most of the time, there are bound to be some dealers or other pple looking for a better deal. I have heard from 1 private car agent, they went for the auct for a rex sti but in the end.... someone else bid at a price at only 5% lower den the market parf for it. Its only possible to get a good price for those cars which very little pple are interested in. Its without COE. And not to foget... even if you secure the car at the auct. there are alot of paperworks to be done to get it on the road unless u r really familier with it and admin fee.
if not on the road how to be repossessed? and if no COE den how to be on the road? not going too much into detail cuz no point. there is ways to make full payment. go think abt it. and nope not really much paperwork to be done. pls call LTA for more details........ -
haf to be below market if not how dealers earn? dealer market price and end user market price is diff.........Originally posted by Subbx:You mean they actually state that they are selling off the cars below market price in the ad?
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In the ad, in the adOriginally posted by huoye:haf to be below market if not how dealers earn? dealer market price and end user market price is diff.........