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??
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
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.
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.
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?
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.........![]()