please advise on buying a used car. How to know if False ads
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I am planning to buy a used car for my part time stuy. So prefer low budget and small cc (1.0~1.5L). No brand perference.
Read from the newspaper, a lot of "Must see" "Cheap sale" post 93' Sunny or Corona with COE till 2011 cost only $10,800 Body + COE (if by installment is monthly $150 x 7 years) I've called up and ask for the detail, they told me the car is in tip top condition and with free rd tax somemore.
Can any of you experts to enlighten me whether this kind of offer is trustable or not. What should I ask to make it clear? besides Car body and COE, what can be the other hidden costs? I thank you for your reply in advance. -
i am no expert but i can tell u that a corona yr 19xx and coe till 20xx will cost abt $30+ k and a nissan will cost abt $25+ k....any ads advertising below these price, u can jolly well forget it....road tax will be abt 1000 - 1200 per year due to the car being 10 yrs old already....insurance will be cheaper compared to new car....most important is to view the car physically b4 buying, get frds who own cars to go with u and they will know what to cx....hope tis helps, cheerio~!Originally posted by fengfeng:I am planning to buy a used car for my part time stuy. So prefer low budget and small cc (1.0~1.5L). No brand perference.
Read from the newspaper, a lot of "Must see" "Cheap sale" post 93' Sunny or Corona with COE till 2011 cost only $10,800 Body + COE (if by installment is monthly $150 x 7 years) I've called up and ask for the detail, they told me the car is in tip top condition and with free rd tax somemore.
Can any of you experts to enlighten me whether this kind of offer is trustable or not. What should I ask to make it clear? besides Car body and COE, what can be the other hidden costs? I thank you for your reply in advance.
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I am planning to buy a used car for my part time stuy. So prefer low budget and small cc (1.0~1.5L). No brand perference.
I saw those advertisements in the papers too but I think they are simply "too good to be true".
Read from the newspaper, a lot of "Must see" "Cheap sale" post 93' Sunny or Corona with COE till 2011 cost only $10,800 Body + COE (if by installment is monthly $150 x 7 years) I've called up and ask for the detail, they told me the car is in tip top condition and with free rd tax somemore.
Can any of you experts to enlighten me whether this kind of offer is trustable or not. What should I ask to make it clear? besides Car body and COE, what can be the other hidden costs? I thank you for your reply in advance.
If you also noticed, there are other companies that warn potential buyers of fake ads. I guess their rivals might be warning us of some possible gimmicks by some irresponsible used car companies.
Anyway, you might want to go down to the car mart, check the car condition, iron out all the details and then maybe you could share your findings with us. -
Ok. Thanks for your advise. I've planed to have a look myself this Thursday. So I will get back here with what I find out after then.[/quote]
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Simple. If the ad seems to good to be true, it isn't true. -
Ok. Thanks for your advise. I've planed to have a look myself this Thursday. So I will get back here with what I find out after then.
OK. Remember to iron out all the details first and not be tricked into buying them or signing any papers. -
99.9% of the time they placed such advertisment is to entice you to go down to check it out. They can even convince you it is so on the phone and even give you their name. But when you arrived, they will always give the following excuse:
a. Alvin? Oh, he went out to do some task. Can I help?
b. That car? Sold already or...
c. No lah...where got such thing or...
d. Show you other 'lemon' cars and claims they are better
There was one delaer at Goldhill Centre. I was tricked twice and I nearly lost my cool. What a waste of time and being pestered to buy.
The other time as at Turf City. Test drive a Lancer and the salesman ( a typical ah beng and its so typical, 8 out of 10 used car sales man are that catergory) insist I must buy. Tell him where got such thing. He told me business bad, he has not make a single sales in 2 months. He refused to let me go and call out his colleagues and even his boss( his boss picture always featured in the Classified Ads, so I recongise him instantly). Anyway, I threatened to call in the police, so they no choice but let me go but not without telling me to walk carefully, look out for cars (in hokkien).That, literally is a threat...
So be careful and stand your ground. They cannot force you to sign. As long as you don't sign anything, you are not obligated. Just walk away.
Also if you bring your gf or wife along, don't! Especially if they are young and attractive type. The ah beng salesman will be paying more attention to her and try to take mental advantage, if you know what I mean. They will even dare to whistle or pass lewd remarks at her, even with you next to her. -
Hmm...guess 99% of the advert selling car at 10-15K are all bullshit. Ever called , ask them that if I bring down the 10-15k in cash..can I drive the car off without anything else..they simply say yes Yes yes....
The chance is that such advert is for car with COE ending Sept, Aug 2011...cause the COE is only 19-20K in 2001 for the mentioned months.
Once down, they will bring you to see the car...trying to make you love the car....but once you ask them the price...they tell you different story....saying the 13-15K is only for COE only....ask abt the 200++ instalment..they say that you have to fork out 20K for downpayment.....all the gimmicks....
Been to the one at beach rd, balestier.....all the same....so...guess don;t ever trust them....there are advert inthe ST...a pot calling kettle black....you get what I mean..... -
I had a problem with a dealer at Goldhill Center too not too long ago! Don't know if it's the same one, but there aren't many there at Goldhill Center so it prob is.Originally posted by david3305:There was one delaer at Goldhill Centre. I was tricked twice and I nearly lost my cool. What a waste of time and being pestered to buy.
I test drove an MR-2 they had, then called 2 days later and we agreed upon a price. I went down there and he raised the amount by $10,000 saying that he had a lot on enquires already!
Bloody Ah.Beng! Is that how they do business? -
I guess the truth is now out about all these fake ads. We better boycott such irresponsible car traders or report them to CASE. Did anyone of you report them to CASE?
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Better think twice or even more before buying a second hand car from now on.
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Hello everyone. As said in my previous post, I went down to the Balestier Point to have a real experirence. Here is what I ironed out.
In the newspaper:
'93 civic 1.6ESi, auto...
$20.8K with COE 8/2011
monthly $280x7years,
interest 2%.
$0 drive away.
Over the telephone call:
Yes. everything confirm, no hidden cost, come down and see lah...
When I went there:
The cars, frankly speaking, are in good condition.
$20.8K is the total loan amount! You have to fork out 15K first! The car price tagged 35K.
Monthly $280 is true only when you downpaid 15K!
Interest rate 2% is for the one year, in another words, if you can pay back 20.8K in 1 year, you can enjoy 2%. Otherwise the rate is 4.69%.
If you take full loan, you can only fork out 1K for the 1yr insurance & transfer...
Side information to share:
luckily, the saleman entertaining us is not that bad, although he is really a typical Ah Beng look. All the cars are parked at the 3rd floor carpark, mainly Honda. The first thing he told us was, surprisingly, "do not believe the newspaper!!!!!" He told us something I think are useful: this above 10yrs car is called "COE car". To buy coe car is just like to rent a car, because at the end of the day you get nothing. In SG, drive a new car now cause you 1K5 per month in total, drive a used car cause you 800 per month. That is fact, otherwise MRT will run into trouble.
Conclusion:
There is no pizza falling from the sky!!! -
Hello everyone. As said in my previous post, I went down to the Balestier Point to have a real experirence. Here is what I ironed out.
It is finally proven that those ads are intended to mislead potential used car buyers.
In the newspaper:
'93 civic 1.6ESi, auto...
$20.8K with COE 8/2011
monthly $280x7years,
interest 2%.
$0 drive away.
Over the telephone call:
Yes. everything confirm, no hidden cost, come down and see lah...
When I went there:
The cars, frankly speaking, are in good condition.
$20.8K is the total loan amount! You have to fork out 15K first! The car price tagged 35K.
Monthly $280 is true only when you downpaid 15K!
Interest rate 2% is for the one year, in another words, if you can pay back 20.8K in 1 year, you can enjoy 2%. Otherwise the rate is 4.69%.
If you take full loan, you can only fork out 1K for the 1yr insurance & transfer...
Side information to share:
luckily, the saleman entertaining us is not that bad, although he is really a typical Ah Beng look. All the cars are parked at the 3rd floor carpark, mainly Honda. The first thing he told us was, surprisingly, "do not believe the newspaper!!!!!" He told us something I think are useful: this above 10yrs car is called "COE car". To buy coe car is just like to rent a car, because at the end of the day you get nothing. In SG, drive a new car now cause you 1K5 per month in total, drive a used car cause you 800 per month. That is fact, otherwise MRT will run into trouble.
Conclusion:
There is no pizza falling from the sky!!!
Can we make an officail report to CASE about such misleading ads. Because I think advertisers should bear the full responsilbility of their actions.
Maybe as a deterrent punishment, those dealers who advertised misleading ads would have to sell their car at the advertised price?
What do you all think?