Ccssgm 1st Gear November 27, 2007 Share November 27, 2007 Some of the Overtrade Must paid Higher Interest.. ↡ Advertisement Link to post Share on other sites More sharing options...
Ccssgm 1st Gear November 27, 2007 Share November 27, 2007 This is what normal people will think. But they will be in deep trouble if the car need to total write-off or when they want to sell Try till Scrap is the Best solution.. Link to post Share on other sites More sharing options...
Fn7779 Neutral Newbie July 5, 2008 Share July 5, 2008 Hi guys, i really need some opinions on these....Currently im driving a Honda Jazz and tot of changing to OPC car. ..if my balance full settlement is 48K and managed to sell at 31K, my balance outstanding with the financial co. is around $17k. If there is a dealer who can help me to get a new OPC car and overtrade the 17k at a lower interest and lower mthly instalment than my current jazz ..izzit worth to change to tat OPC?? Link to post Share on other sites More sharing options...
Jeffang Neutral Newbie July 5, 2008 Share July 5, 2008 u got to get a higher price car inorder to take 17k overtrade.. the car u look at must at least 90k or higher... if not very hard to get 17k back... Link to post Share on other sites More sharing options...
Zanter 3rd Gear July 5, 2008 Share July 5, 2008 What if to change car,sekali got outstanding bank loan of 20K + 6K from refinance rebate.Tat is my fren trying to do,itchy backside Overtrade,cash rebate for new car,still not enuff to get the new car Chey....no money still wanna drive new car. Loan not approved......nevermind " Link to post Share on other sites More sharing options...
Zanter 3rd Gear July 5, 2008 Share July 5, 2008 Why must you do this & get urself deeper in debt? Just change ur car to OPC to enjoy lower tax? Jazz is alrdy v economical. I dont see how u can save much by doing this. Link to post Share on other sites More sharing options...
Contax 1st Gear July 5, 2008 Share July 5, 2008 you will save peanuts and carry over a debt that seems to take forever to settle. Link to post Share on other sites More sharing options...
Thug Clutched July 5, 2008 Share July 5, 2008 agree.. bottom line is no money dont buy car. loan till the moon just to own a car. some young people never die before. banks are merciless when you default. Yes...no money no new car... jus weeks ago a new article was saying more and more youngsters owe credit card bills. sigh...they need finance managing skills...school no teach? Link to post Share on other sites More sharing options...
Passion 5th Gear July 5, 2008 Share July 5, 2008 (edited) Think one of my friend fall into this category.Buy a vios with 10 year loan.Drive 4 years,sell it away with 30K + loan extra.Go and put new car,now haha...this kind of ppl,think COE low means good time to put new car.laughing my ass off when he told me.Buy his car from his relative so what?Buy car from relative if default relative help him pay?Btw,if overtrade,need gurantor? Edited July 5, 2008 by Passion Link to post Share on other sites More sharing options...
Jeffang Neutral Newbie July 5, 2008 Share July 5, 2008 must see if your earning good or not... if ok then dun need any gurantor, as long as they still u yourself can pay up... Link to post Share on other sites More sharing options...
Passion 5th Gear July 5, 2008 Share July 5, 2008 earning good a not?if say a self-employed?how? Link to post Share on other sites More sharing options...
Jeffang Neutral Newbie July 5, 2008 Share July 5, 2008 then pay more tax! report earn $8000 a mth then sure can :) Link to post Share on other sites More sharing options...
Daveneo Neutral Newbie July 5, 2008 Share July 5, 2008 agreed... youngsters are not taught on saving money nowadays... they just need to open their palms to their parents and $$$ will appear... the worst thing is... Stagflation is approaching and it is going to be a major impact on the economy... best is if you have money on your hand, SAVE IT... this storm wun be going away so soon... so better to keep some money with you and if not necessary, dun buy unnecessarily... DAve Link to post Share on other sites More sharing options...
Route88 2nd Gear July 5, 2008 Share July 5, 2008 Must get guarantor or not depends on his/her credit rating. Earn 10K /month if got many loan still need guarantor Link to post Share on other sites More sharing options...
Soya Supersonic July 5, 2008 Share July 5, 2008 Hi guys, i really need some opinions on these....Currently im driving a Honda Jazz and tot of changing to OPC car. ..if my balance full settlement is 48K and managed to sell at 31K, my balance outstanding with the financial co. is around $17k. If there is a dealer who can help me to get a new OPC car and overtrade the 17k at a lower interest and lower mthly instalment than my current jazz ..izzit worth to change to tat OPC?? effectively, you're as good as buying a normal car wif that additional $17k lumped into the OPC price. pay normal car instalment and drive OPC? doesn't make any sense to me..... Link to post Share on other sites More sharing options...
Carcraze 1st Gear July 5, 2008 Share July 5, 2008 (edited) Hi all What is overtrade? How does overtrade works? IS the rebate value from one-motoring is the amount that we can offset for the balance of our loan? Thanks. If one really needs to do an overtrade to purchase a new car, it simply means he/she cannot afford it. Don't risk it man. Edited July 5, 2008 by Carcraze Link to post Share on other sites More sharing options...
Windwaver Turbocharged July 5, 2008 Share July 5, 2008 Hi all What is overtrade? How does overtrade works? IS the rebate value from one-motoring is the amount that we can offset for the balance of our loan? Thanks. Don't try it pal, it'll just land you into mroe debt. Link to post Share on other sites More sharing options...
Passion 5th Gear July 7, 2008 Share July 7, 2008 does purchasing of car related to IR8A?i mean if i report say 8k this year,next year i report like say 5k.can?Just to brush through the car dealer? ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
“Overtrade”
“Overtrade”
Price Increase After Purchase?
Price Increase After Purchase?
Now overtrade still happening or not?
Now overtrade still happening or not?
Kah Motor Overtrade Prices
Kah Motor Overtrade Prices
Possible to overtrade when buying 2nd hand car
Possible to overtrade when buying 2nd hand car
Overtrade Mystery
Overtrade Mystery
What is OverTrade?
What is OverTrade?