Girlgirlzz 1st Gear September 6, 2015 Author Share September 6, 2015 Some agents ask for a few k more if paying in cash. They say the listed price is there as an incentive for taking loans. You also cannot pay more upfront as there is a minimum loan amount to take. Hmmm, you mentioned there is minimum loan amount to take?? There's really such thing? Even if you wanna pay in full upfront, they don't allow also ahh... Wow, few k more if pay all upfront. I still thought if pay all upfront have discount of something. Now I know. Thanks for explanation. :) They obviously prefer if you take loan so they can earn the bank loan commission, but they not going to stop you if you pay full cash. I mean, think about it. Someone who can pay full cash for a car, obviously has some clout, no? So how can they mistreat him? That's crazy right? Quite true ... ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 6, 2015 Share September 6, 2015 Some agents ask for a few k more if paying in cash. They say the listed price is there as an incentive for taking loans. You also cannot pay more upfront as there is a minimum loan amount to take. Only the small timers do this. The big dealers and ADs accept full payment with no penalty, no issue. 1 Link to post Share on other sites More sharing options...
Steptronic Supercharged September 6, 2015 Share September 6, 2015 If car is a "want", pay full in cash. If car is a "need", loan may be taken. Link to post Share on other sites More sharing options...
Alheych 6th Gear September 6, 2015 Share September 6, 2015 Sometimes I wonder if people start this kind of topic just to troll. It happens it China quite a lot... http://finance.591hx.com/article/2015-04-21/0000455939s.shtml 2 Link to post Share on other sites More sharing options...
1fast1 Supersonic September 6, 2015 Share September 6, 2015 It happens it China quite a lot... http://finance.591hx.com/article/2015-04-21/0000455939s.shtml Seriously, unless you happen to be a drug lord or a corrupt official (plenty of those in China), I think literal FULL CASH is a bit much lah. I'm quite happy with FULL CASHier's order. Link to post Share on other sites More sharing options...
7hm Turbocharged September 6, 2015 Share September 6, 2015 Wow, I see that many people reply to this thread and say pay the full amount one shot, without taking loan. Not trolling me right?? For example a 100k standard normal car, u guys and girls also paid in full cash no joke?? This is what they call the MCF Welcome Ceremony 1 Link to post Share on other sites More sharing options...
Dafansu Turbocharged September 7, 2015 Share September 7, 2015 (edited) pay in full if you got the cash. if you know how to invest your money, then pay the minimal and invest the rest to get better returns Edited September 7, 2015 by Dafansu Link to post Share on other sites More sharing options...
Hussaini20 3rd Gear September 7, 2015 Share September 7, 2015 I pay full. 14k only. Hehe.. Link to post Share on other sites More sharing options...
Pocus Turbocharged September 7, 2015 Share September 7, 2015 Wow, I see that many people reply to this thread and say pay the full amount one shot, without taking loan. Not trolling me right?? For example a 100k standard normal car, u guys and girls also paid in full cash no joke?? Aiyoo... Really lahh.. I wanna know if usually people will pay in full cash when buying cars or they will usually take up loan? Because I heard from some of my friends that if were to pay in full one shot, then the dealers will not really care when the car is spoilt when driving for like few months or something, the warranty issues thingy. So even if they are able to pay in full, they will hold back first. Is this true?? Pay full or loan no difference. You loan from bank not them. The only think is some dealers require you to take loan so they can offer that price. Cos they want to earn commission. You calculated the interest you are paying for the loan vs the discount dealer giving to see which paying option more worth in the long run. Link to post Share on other sites More sharing options...
F355 Turbocharged September 7, 2015 Share September 7, 2015 Huh ? Buy car can take loan wan meh ? So good ah ? Learnt something new today . Link to post Share on other sites More sharing options...
Flying_genie 6th Gear September 7, 2015 Share September 7, 2015 It happens it China quite a lot... http://finance.591hx.com/article/2015-04-21/0000455939s.shtml If money is clean, clean; nothing to hide, pay full cash is better. No further liabilities. This also ensures that you are buying a car because you really can afford to. As we know, many buy a car but they can barely afford the monthly repayments and upkeep. BTW, the one in pink (in the picture) is man or woman? Scary. Link to post Share on other sites More sharing options...
Pocus Turbocharged September 7, 2015 Share September 7, 2015 BTW, the one in pink (in the picture) is man or woman? Scary. This is a stereotypical Aunty Tai Tai imagine of the 80s. Talk about cliché....lol Link to post Share on other sites More sharing options...
Mohjoe 2nd Gear September 7, 2015 Share September 7, 2015 (edited) Only the small timers do this. The big dealers and ADs accept full payment with no penalty, no issue. Some years back, bought a B&B car from TC, was told need to take a minimum one year $30k loan to get an extra $1+k discount... Everyone, please respect intellectual property rights when using the word fullcash™© Edited September 7, 2015 by Mohjoe Link to post Share on other sites More sharing options...
Mrmilktooth Supercharged September 7, 2015 Share September 7, 2015 I wondered why would someone post this topic here. Never do analysis here our Bros advocate in full cash payment very strongly. Then i check Ts and its you. Who bidded $1/ $2 for Coe. If you can afford buy lo. Cannot, can either take b. M. W or choose to marry someone who can afford to buy also works. I assume you are a girl. For me, I paid full cash for used cars. Loan 60% for new ones. Link to post Share on other sites More sharing options...
_h_r_ 2nd Gear September 7, 2015 Share September 7, 2015 Here in MCF, everything is paid in full cash. Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 7, 2015 Share September 7, 2015 Dont know how you guys do it. I usually take 70% loan and drive to the end. Life is quite tough especially now jobless. Need to borrow from friends and relatives in the meantime look to sell my possessions. Anyone keen to buy Mazda2 fullcash $38k only from me? Thank you for youR help. Link to post Share on other sites More sharing options...
Soya Supersonic September 7, 2015 Share September 7, 2015 Wow, I see that many people reply to this thread and say pay the full amount one shot, without taking loan. Not trolling me right?? For example a 100k standard normal car, u guys and girls also paid in full cash no joke?? Aiyoo... Really lahh.. I wanna know if usually people will pay in full cash when buying cars or they will usually take up loan? Because I heard from some of my friends that if were to pay in full one shot, then the dealers will not really care when the car is spoilt when driving for like few months or something, the warranty issues thingy. So even if they are able to pay in full, they will hold back first. Is this true?? Aiyo....u no meet our MCF sifu ah? Juz look for the greasy cloth. All your financial worries are over. Link to post Share on other sites More sharing options...
Girlgirlzz 1st Gear September 7, 2015 Author Share September 7, 2015 (edited) Wait, what does MCF means?? Is it maintenance, cost, future of the car? I tried googling for the short form but cannot find the meaning to fit inside?? Can anyone explain? Thanks.. Edited September 7, 2015 by Girlgirlzz ↡ Advertisement Link to post Share on other sites More sharing options...
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