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Thread: OMG whats happening to used car mkt...

  1. #1
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    Default OMG whats happening to used car mkt...

    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  2. #2
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    Quote Originally Posted by radha08
    Nothing wrong.... If buy arrowana get a beemer, then probably it is the beginning of the end to the car market.

  3. #3
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    Quote Originally Posted by indomie
    Nothing wrong.... If buy arrowana get a beemer, then probably it is the beginning of the end to the car market.
    i waiting for BUY arrowana get free BEEMER...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  4. #4
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    Quote Originally Posted by radha08
    i waiting for BUY arrowana get free BEEMER...
    Last time got pay bills, win condo. I am hoping for it to come back.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  5. #5

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    heard today from one of my business ah peh ,many car dealers in one thomson used car center running road. dunno how true.

  6. #6

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    Quote Originally Posted by Leo.Cheng
    heard today from one of my business ah peh ,many car dealers in one thomson used car center running road. dunno how true.
    guess i m very heng, always got old uncles come and give me info before the newspapers.

  7. #7
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    Quote Originally Posted by Leo.Cheng
    guess i m very heng, always got old uncles come and give me info before the newspapers.
    Can ask them dont run road first ?

    I think at 30% discount, there are enough forumers here to keep them afloat one. No need run road.

    Same advice given to Ah B! But then he also choose to run road bang head on wall .

    DKSG

  8. #8
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    Quote Originally Posted by radha08
    i waiting for BUY arrowana get free BEEMER...
    Actually, they can have the Buy 2 cars get 1 free promotion !

    I am sure it will work.

    Lose a bit of money la ... but still can stay afloat and outlive their competitors.

    I think the first few used car dealers to post their offers here will survive, the rest, tough luck!

    DKSG

  9. #9
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    Quote Originally Posted by DKSG
    Can ask them dont run road first ?

    I think at 30% discount, there are enough forumers here to keep them afloat one. No need run road.

    Same advice given to Ah B! But then he also choose to run road bang head on wall .

    DKSG
    ok la.. i go advise uncle about it. maybe they will tong a while and wait for your support but no guarantee ok.

  10. #10
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    Those used car dealer who own "electric" cars all have to run liao because the banks are going to switch off their current supply.

    get ready for more auction car sale soon.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

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  12. #12
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    Closer to end May maybe will get more discount.

  13. #13
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    No need run road yet... govt is listening to their complaints. Now lifted the 50% car loan for those vehicles they got before the policy was introduced. Got 2 months to clear this stock. Can still stay afloat lah!

  14. #14
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    Quote Originally Posted by ysyap
    No need run road yet... govt is listening to their complaints. Now lifted the 50% car loan for those vehicles they got before the policy was introduced. Got 2 months to clear this stock. Can still stay afloat lah!
    Dead corpse also float on water... but better than those die in the deep blue sea.

    They bought in the cars at $90K COE times. Now COE $70K. So each car they sell will lose some la....

    Historially, these traders have been making VERY VERY big bucks. Imagine for how long they have been buying cars at $50K COE, sell at $60K COE, then repeat and repeat for years!!!

    Most of them are probably very rich now shopping for condos in CCR! But they put up a pitiful front to gain government's sympathy.

    If the media dig out all the profits their companies are making these years, I dont think you will think they deserve our pity.

    Used car dealer prey on people without enough money to pay a downpayment for a car by extending 100% credit. This helps to sink people into a vicious cycle of debts.

    DKSG

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    Quote Originally Posted by DKSG
    Dead corpse also float on water... but better than those die in the deep blue sea.

    They bought in the cars at $90K COE times. Now COE $70K. So each car they sell will lose some la....

    Historially, these traders have been making VERY VERY big bucks. Imagine for how long they have been buying cars at $50K COE, sell at $60K COE, then repeat and repeat for years!!!

    Most of them are probably very rich now shopping for condos in CCR! But they put up a pitiful front to gain government's sympathy.

    If the media dig out all the profits their companies are making these years, I dont think you will think they deserve our pity.

    Used car dealer prey on people without enough money to pay a downpayment for a car by extending 100% credit. This helps to sink people into a vicious cycle of debts.

    DKSG

    should just let them all get wiped out.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  16. #16
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    i am gonna look out for fire sale...

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    MAS so power meh.. Just by controlling the loan can have such a big effect... power....

  18. #18
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    Quote Originally Posted by radha08
    BTW the used car company that give Arrowana Sales is very chio.... Check it out

  19. #19
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    pity those bought new car few months ago...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  20. #20
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    Quote Originally Posted by ken3147
    BTW the used car company that give Arrowana Sales is very chio.... Check it out
    this is the chioest thing about them......my dream car

    http://www.sgcarmart.com/used_cars/i...315860&DL=2510
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  21. #21
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    Quote Originally Posted by radha08
    this is the chioest thing about them......my dream car

    http://www.sgcarmart.com/used_cars/i...315860&DL=2510
    Bro , dream on a 4d nos instead to strike $138.888 k instead...
    The selling price Price lagi chio...

    138k for a Coe car...
    If kana accident and total loss, how much insurance gona to compensate ?

    This is how much agent can make , given that there are many willing buyers!

    Of course is subjective on willing buyers, but think on its value , it don make sense...

  22. #22
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    Quote Originally Posted by zzz1
    Bro , dream on a 4d nos instead to strike $138.888 k instead...
    The selling price Price lagi chio...

    138k for a Coe car...
    If kana accident and total loss, how much insurance gona to compensate ?

    This is how much agent can make , given that there are many willing buyers!

    Of course is subjective on willing buyers, but think on its value , it don make sense...
    thats why its dream...i just like the presence of this car...they called it the GODZILLA on the track.......i know price is CRAZY
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  23. #23
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    Quote Originally Posted by radha08
    pity those bought new car few months ago...


    Like that if their car kena possessed, maybe must sell at 30% loss?
    狮子王 (formerly blackjack21trader): READ MY LIPS: NO MORE CRASH FOR 60 YEARS.

  24. #24
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    Quote Originally Posted by radha08
    thats why its dream...i just like the presence of this car...they called it the GODZILLA on the track.......i know price is CRAZY
    haha...the dealer should give away free GODZILLA instead of Premium Golden Arowana

  25. #25
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    Free premium arowana can't even cover insurance for that car!

    Arowana price now very cheap

  26. #26
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    Quote Originally Posted by Areivir
    Free premium arowana can't even cover insurance for that car!

    Arowana price now very cheap
    yup i also noticed i went to OTF arrowana farm last weekend...after a few years OMG...prices have crashed....maybe got new CMS on arrowana
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  27. #27
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    Quote Originally Posted by Areivir
    Free premium arowana can't even cover insurance for that car!

    Arowana price now very cheap
    I prefer koi over arowana, health over wealth ..
    Yap , the insurance is very high N covers only 'market' price of the car in event total loss ..

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