Originally posted by singcarpour:
That sounds not very fair to car buyers if the wait is for a long time, eg. 5 mths. The interest that can be earned while the deposit is with the agent is (S$310), assuming very low interest of 2.5% for 5 months.
That is the case for very popular cars and ultra long waiting time like the Honda Civic, I understand now the waiting time is 6 months (abit ridiculous).
Experts out there, please advise.
agree with ody2004. $5000 is more than enough.
Btw, where to get 2.5% interest ?? I also want !!!
