Jump to content

Buying a new car. 1st payment inclusive of?


RayTravis
 Share

Recommended Posts

Neutral Newbie

Greetings to all MCF netizens..

 

Im getting my car this weekend..

What will the 1st payment usually include?

 

What i know is the,

1) Transfer fee ( $200? )

2) First installment ( depends )

3) Road tax ( $550 for 1600cc car )

4) Insurance ( full payment ?? )

 

Is that all... ?

 

I dont wanna get cheated into having to pay hundreds of admin fee..

btw its a used car. COE car..

buying from tagore lane..

 

Please do help a fellow in need.. [confused][smallcry]

↡ Advertisement
Link to post
Share on other sites

 

 

Did they get a sum of deposit from you?? They can deduce it from the deposit for transfer fee. First installment, you settle with financial company. road tax depends when is due. insurance either they find one for you or you find yourself.

Link to post
Share on other sites

(edited)

1600cc should be $900+ for road tax...

 

you should always get direct quote for insurance (if they allow without jacking up the price), as going thru them will certainly be higher (with their commission)...

 

n no, admin fees is never obligated (look up the other thread on buying used car)

Edited by Beachboys
Link to post
Share on other sites

mkt practice is $300 for admin fee.....bloody sucker, earn from car sale still 1 2 earn xtra fee <_<

 

pls dun give wrong info... there is no market practice on this.... they will request but you can dun pay.... i have never paid any admin fee

 

Link to post
Share on other sites

Greetings to all MCF netizens..

 

Im getting my car this weekend..

What will the 1st payment usually include?

 

What i know is the,

1) Transfer fee ( $200? ) - Check it here. https://vrl.lta.gov.sg/lta/vrl/action/pubfu...uireTransferFee

2) First installment ( depends ) - Depends if you take up financing

3) Road tax ( $550 for 1600cc car ) - Check it here. https://vrl.lta.gov.sg/lta/vrl/action

4) Insurance ( full payment ?? ) - There is also 6/12 months 0% interest payment via credit cards.

 

Is that all... ? - That is all.

 

I dont wanna get cheated into having to pay hundreds of admin fee..

btw its a used car. COE car..

buying from tagore lane..

 

Please do help a fellow in need.. [confused][smallcry]

 

Link to post
Share on other sites

Neutral Newbie

You buying a used car the what the 4 item you mention is final. But normally car dealer will tell you about the admin fee when you collect the car,

Link to post
Share on other sites

Greetings to all MCF netizens..

 

Im getting my car this weekend..

What will the 1st payment usually include?

 

What i know is the,

)

 

Is that all... ?

 

I dont wanna get cheated into having to pay hundreds of admin fee..

btw its a used car. COE car..

buying from tagore lane..

 

Please do help a fellow in need.. [confused][smallcry]

Hey Ray,

 

I find your post dubious.

 

Your topic is Buying a new Car. 1st payment... but you put in the post used car COE car. I am sure you can't mixed these things up and no excuse for typo.

 

Next is all your questions are anyhow put forth. Basically, 1st payment is your deposit to car dealer when you conclude your purchase.

 

 

Link to post
Share on other sites

(edited)

Greetings to all MCF netizens..

 

Im getting my car this weekend..

What will the 1st payment usually include?

 

What i know is the,

1) Transfer fee ( $200? )

2) First installment ( depends )

3) Road tax ( $550 for 1600cc car )

4) Insurance ( full payment ?? )

 

Is that all... ?

 

I dont wanna get cheated into having to pay hundreds of admin fee..

btw its a used car. COE car..

buying from tagore lane..

 

Please do help a fellow in need.. [confused][smallcry]

 

Hi TS did u bought this? What ride u bought? Worth it the price?

 

http://www.sgcarmart.com/used_cars/info.ph...890&DL=1232

Edited by SZY
Link to post
Share on other sites

Neutral Newbie

Hey Ray,

 

I find your post dubious.

 

Your topic is Buying a new Car. 1st payment... but you put in the post used car COE car. I am sure you can't mixed these things up and no excuse for typo.

 

Next is all your questions are anyhow put forth. Basically, 1st payment is your deposit to car dealer when you conclude your purchase.

 

Sorry for the typo error.

It should be 'Buying a COE car. What are the usual 1st payments 2nd hand dealers will ask from you.

Please correct me if im wrong or insufficient.

 

1) Road tax (if dealer renews it)

2) Insurance (if dealer helps to settle it)

3) 1st installment

4) Downpayment of car

 

Cause i remember him demanding an extra $600 for something i cant really recall.

What is it? Please advise..

Link to post
Share on other sites

standby insurance, transfer fee, admin fee (usually 200-300). 1st installment i dun think so bah.

 

sometimes insurance they ask u go get urself. mine i got myself and they give few days grace before cancelling the insurance. dunno how true. think abt it, i could be driving without any valid insurance then.

Link to post
Share on other sites

admin fee so high at 600? they wanna robert u.

 

 

ya lor,i agree.Actually you can dont pay the admin fee.

My cust sway buying dont know from which sergoon road second hand store,kinda cheated.Now he headache le.

 

I would suggest you find those whom you can trust de. [smash]

Link to post
Share on other sites

Neutral Newbie

ya lor,i agree.Actually you can dont pay the admin fee.

My cust sway buying dont know from which sergoon road second hand store,kinda cheated.Now he headache le.

 

I would suggest you find those whom you can trust de. [smash]

im buying it from tagore lane. Thomson used car center.

from SP auto..

 

Any bad reports here.. ?

 

So far, ive gotten no bad testimonials from this dealer..

:wacko:

Link to post
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...