Republic Auto

[Inlinefour]

47 minutes ago, Wt_know said:

be prepared to be pestered by all kind of lowballer

and siao lang testers come test and talk down the car 

want to buy but must check with wife, in law, grandma, grandpa, etc

want to discount $2000 ....  this and that until $200 also want to cut

and also be prepared bombarded by "agent" acting as buyer to lowball ... lol

This is absolutely true

Kena before liao

Must test drive

Must go WS 100% check

Must give all receipts from time of purchase

Must warranty

Must not dekit all add on accessories inside

Low ball to paper plus body

Then told me must go back home ask OC

Totally wasting time

Ended up trade in to PML

Save time and trouble

Advertise and attract all kind of problem

[Jon_cclau]

10 hours ago, Prataboy said:

Any bros familiar with the mechanism of selling cars for export? I recently traded my old ride with less than 18 months remaining to C&C (~$17K - paper plus $2K) for a new ride. Quotz valuation was $15-20K.

Went to the Republic Auto website and saw that the car was going at ~$28K under their export bidding list. And today saw that it was no longer on the list - sold? 

$28K is quite a big difference to $17K. Almost $10K difference/profit! 

Would I have gotten such a price if I deal directly with an exporter, or the actual transaction price with Republic Auto is at a negotiated price than the $28K bid price? 

When a dealer buy your car, they will based on paper value, amount quite closed to those if you scrap it.

After which, they will need to touch up your car, do paperwork, advertisement, man hour, parking space, etc....  All this are cost to the dealer. 

And they won't know how long before they can get rid of the car.  $10k profit, I think is justifiable if they have the means to sell at this price.

You can also sell yourself at $28k if you have the resources but this is how the market works. 

End of the day, you have your new ride!  Look forward Bro!

[Mockngbrd]

Check with wife = confirm not buying

Those that serious want to buy will offer and talk $$$ on the spot liao. 

[Beregond]

11 hours ago, Prataboy said:

 

consider the risk and overhead, 10k+- for 1 car quite reasonable, esp popular model.

Edited September 24, 2019 by Beregond

[Wt_know]

23 minutes ago, Mockngbrd said:

Check with wife = confirm not buying

Those that serious want to buy will offer and talk $$$ on the spot liao. 

that is the OFFICIAL answer for not buying when you talk to a salesman or saleswoman ... LOL

Edited September 24, 2019 by Wt_know

[Inlinefour]

7 hours ago, Mockngbrd said:

Check with wife = confirm not buying

Those that serious want to buy will offer and talk $$$ on the spot liao. 

low ball liao then told me cheque book with OC 

[Inlinefour]

7 hours ago, Wt_know said:

that is the OFFICIAL answer for not buying when you talk to a salesman or saleswoman ... LOL

hmmm got to ask my sugar mom for money first 

[Angcheek]

Auto Republic will chop anyone's carrot that walks in 

[Angcheek]

9 hours ago, Mockngbrd said:

Check with wife = confirm not buying

Those that serious want to buy will offer and talk $$$ on the spot liao. 

 

  Check with 小三   = confirm buy 

[Angcheek]

10 hours ago, Inlinefour said:

This is absolutely true

Kena before liao

Must test drive

Must go WS 100% check

Must give all receipts from time of purchase

Must warranty

Must not dekit all add on accessories inside

Low ball to paper plus body

Then told me must go back home ask OC

Totally wasting time

Ended up trade in to PML

Save time and trouble

Advertise and attract all kind of problem

 

Got old car to trade , still best to sell off or trade in for New car . 

Trade in to resales dealer is as good as kana Chop twice at the same time. 

☠️

 

 

[Inlinefour]

13 minutes ago, Angcheek said:

 

Got old car to trade , still best to sell off or trade in for New car . 

Trade in to resales dealer is as good as kana Chop twice at the same time. 

☠️

 

 

Very true

Republic take it paper only

But no extra discount for their units there

Performance too

But got overtrade for new car

[badlammy]

There are some exporters who can offer good price if your asking is reasonable. I personally encountered one who didn't bargain, only deduct a small amount for faulty door which I did not mention on ad.

They meet up with a wad of cash and transfer vehicle on the spot.

[car50]

1 hour ago, Inlinefour said:

Very true

Republic take it paper only

But no extra discount for their units there

Performance too

But got overtrade for new car

Performance can negotiate whether buy or sell

But generally true all these reputable dealers offers are low

At end of the day, if sell car before EOL, sure lose money big big

Unless the car has high paper value (High ARF and High coe), sell and buy a lesser depreciating new car

 

 

[Inlinefour]

25 minutes ago, car50 said:

Performance can negotiate whether buy or sell

But generally true all these reputable dealers offers are low

At end of the day, if sell car before EOL, sure lose money big big

Unless the car has high paper value (High ARF and High coe), sell and buy a lesser depreciating new car

 

 

thats what SE told me

overtrade with EOL car best

got nothing to squeeze liao 

[Ct3833]

2 minutes ago, Inlinefour said:

thats what SE told me

overtrade with EOL car best

got nothing to squeeze liao 

But you should have gotten some good overtrade or additinal discount from them if you buy back same merce. Looks like your trade in was a B class ? 

[Prataboy]

14 hours ago, Ody_2004 said:

You agreed and got the price you wanted.. $17K

what price they can sell depend on alot of factors.. such as their network which normally we don't.

Just like stock/share.. you sold at the price you ok.. buyer bought and sold higher.. this is life.. not all can make money in any industry..

Republic Auto had been around and they will have the know how to buy and sell higher.. if there's no mkt for it.. they won't be bother to buy the car even at $15k.

I am at peace with the transaction. Willing buyer/seller like you said.

Just curious how the export market works versus how the local resale market works, the latter which I understand a bit better. So seems like there is demand for my old ride overseas which resulted in an exporter willing to buy at a higher price ($28K?) than what a buyer in the local resale market is willing to pay (~$20K based on ads on SCM)? 😲

[Inlinefour]

3 hours ago, Ct3833 said:

But you should have gotten some good overtrade or additinal discount from them if you buy back same merce. Looks like your trade in was a B class ? 

Trade in 5 series

But Republic said paper cum body only

[Wt_know]

trade in is best trade in with AD la

that’s where they play with Overtrade ... lol