Mit Dion for sale at paper value

[Vit4wd]

http://www.sgcarmart.com/main/info-2fnxooyU-1000.html

 

This Mitsubishi Dion is being sold at paper value. Yes! paper value!!! S$48K! Not a single cent for body at all!!!

 

Very safe buy for short term use. Min dep.

 

Bet you it be be gone with 1 day!!!

 

Those keen better be fast!

[Cola80]

Not really that cheap. 5 year old GDI engine is not a good choice too.

[Fcw75]

But that car is so ugly, looks like a hearse car.

 

The 1.8 turbo one would be a better choice.

[Vit4wd]

Yes, I know the GDi engines are problematic ('cos of Singapore's fuel quality), but you will suffer minimal loss if you sell anytime, even after 1 yr.

 

In contrast, my friend who bought a Kia Cerato in Aug 2004 for $64.5K has lost S$30K even before 2 1/2 years. This car fetches S$34K at most now.

Edited December 21, 2006 by Vit4wd

[Cola80]

Yes, if buyers don't mind, used cars are actually value for money. But believe there are better alternatives. Thanks for sharing.

[Mtoh]

i know of ppl getting picanto during lanuch at 50.9k now selling to dealer at 27k only, lost of over 23k

 

imagine those getting MZ3 at 82.5k (Sports edition) now sellng under 48k to dealer.

 

thats 35k lose in 2 years excluding interest !

[Pippo20]

its abt 1k above paper value, ur maths fail ah?

[Vit4wd]

The S$48K price is $900+ above paper value to be exact, but that is BEFORE bargaining.

 

No one of sound mind would not bargain when purchasing a car. S$48K is not nett price.

[Vit4wd]

These people could have reduced their loss by continuing to use their existing cars perhaps?

 

 

S$35K loss in 2 yrs is no joke.

[Magfocus]

Actually, there ARE people who buy without bargaining, those are the filthy rich ones.. Whats a few k to them? Chump change!