Alim 1st Gear December 8, 2011 Share December 8, 2011 Disclaimer: This is not my ad. Any takers? !! SPECIAL DEAL!! Ad Information Date Posted 08-Dec-2011 Make & Model BMW 535i Price S$ 180,000 Type Luxury Engine Capacity 2,979 CC Transmission Auto Additional Information I am selling this car for a special deal, because my intention is to find a buyer who is willing to keep the car registered under my name. The reason behind this is simple: I have a financing on the car which I want to keep. I therefore need a buyer who is willing to pay me the SGD 180,000 directly, and I will keep the car under my name and continue paying the financing. Of course, all details will be governed by a contract. - the car is dark-blue with beige interior - I paid for the car: SGD 298,000 - I never had an accident with the car - the current market price of my car is SGD 235,000 - at Performance Motors, the car now costs SGD 318,000 - the COE more than doubled since I bought the car - the COE will most likely continue to increase I am a Singapore Permanent Resident, and ready to discuss this deal anytime. Please call me or text me on 8428 1475 if you are interested. OMV S$ 61,666 Depreciation S$ 29,618 / year Registration Date 16/05/2010 COE S$ 34,600 COE Expiry 25-May-2020 Number of Owners 1 Mileage 27,000 km Seller Information Full Name Laszlo Send private message to seller Mobile +65-84281475 Country Singapore Source: http://cars.st701.com/cars/view/82232?titl...car_type_id%3D3 ↡ Advertisement Link to post Share on other sites More sharing options...
2BDriver Hypersonic December 8, 2011 Share December 8, 2011 This special deal is looking for a very special "bird brain" buyer, wish him good luck. Link to post Share on other sites More sharing options...
Longg8 Clutched December 8, 2011 Share December 8, 2011 i wont do it even for 100k.... no way.....give that guy an unsecured loan of 180k? Link to post Share on other sites More sharing options...
Terras14 December 8, 2011 Share December 8, 2011 This was posted sometimes back and taken down and its back up again. First of all, if the car is sill under the seller name, the buyer cannot take a loan so its fully cash. Secondly, if the seller defaults on the car loan, the buyer will see tow truck come. So i really dunnoe how is this deal do-able? Buyer takes a huge risk. Also what is gonna happen to the insurance and one day, when the car is due to scrap, who will be entilted to the omv? haizzz waste money post ads... Link to post Share on other sites More sharing options...
Alim 1st Gear December 8, 2011 Author Share December 8, 2011 It will be interesting to see how a legal binding contract holds up in this kind of deal. Any lawyers here? Link to post Share on other sites More sharing options...
Old-driver 5th Gear December 8, 2011 Share December 8, 2011 It will be interesting to see how a legal binding contract holds up in this kind of deal. Any lawyers here? Even if there is a contract, how does the buyer sell the car if he wants to in the future?will the owner refund him back? No way he'll pay him market value... dealer price perhaps. Weird people around or should I say, Mad Link to post Share on other sites More sharing options...
Camrytron 6th Gear December 8, 2011 Share December 8, 2011 Wait i got a place for this guy @ Institute of Mental Health Buangkok Green Medical Park 10 Buangkok View Singapore 539747 He will be good friends with Jamesc(still waiting for my 300k cheque).. Link to post Share on other sites More sharing options...
2BDriver Hypersonic December 8, 2011 Share December 8, 2011 (edited) It will be interesting to see how a legal binding contract holds up in this kind of deal. Any lawyers here? If there is a lawyer drafting this naive contract, I think he'll gets his professional licence provoke, a valid agreement or contract should be fair to both parties in term of default, where in earth to find someone to take up such "UNSECURE" purchase of this big ticket item ? Edited December 8, 2011 by Fongmy Link to post Share on other sites More sharing options...
Alim 1st Gear December 8, 2011 Author Share December 8, 2011 Even if there is a contract, how does the buyer sell the car if he wants to in the future?will the owner refund him back? No way he'll pay him market value... dealer price perhaps. Weird people around or should I say, Mad He is a PR some more. After he take flight, car goes to bank. "Buyer" LL. Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged December 8, 2011 Share December 8, 2011 Shall we call him up??? Tell him that we agree to pay $180K but can you lent the $180K to us? We pay you back monthly. And it will be under the contract... Link to post Share on other sites More sharing options...
Fastfive1 5th Gear December 8, 2011 Share December 8, 2011 Cannot afford to buy car, don't buy lor. Link to post Share on other sites More sharing options...
Kusje Supersonic December 8, 2011 Share December 8, 2011 Can someone tell me some legitimate reasons for the seller wanting to do this? Link to post Share on other sites More sharing options...
Jamesc Hypersonic December 8, 2011 Share December 8, 2011 Wait i got a place for this guy @ Institute of Mental Health Buangkok Green Medical Park 10 Buangkok View Singapore 539747 He will be good friends with Jamesc(still waiting for my 300k cheque).. Faster send the cheque leh, I got a good deal on a $180,000 BMW. I will pick you up in my new BMW and treat you to coffee. Link to post Share on other sites More sharing options...
Iisterry 3rd Gear December 8, 2011 Share December 8, 2011 It will be interesting to see how a legal binding contract holds up in this kind of deal. Any lawyers here? It will be an illegal contract in the first place so it won't hold water. The so called "owner" is actually a hirer tied into a hire purchase contract with the financier. The legal owner is the financier. He can't transfer within the first 3 months from registration anyway. From the 3rd month onwards till the 6th, the additional penalty for early transfer is roughly the difference between current PQP and his COE paid. ST701 should be ashamed of being party to such advertisements. Degrades their entire advertising name. Link to post Share on other sites More sharing options...
2BDriver Hypersonic December 8, 2011 Share December 8, 2011 Faster send the cheque leh, I got a good deal on a $180,000 BMW. I will pick you up in my new BMW and treat you to coffee. Hold his cheque tightly in your hands, never let it falls to the ground because it will definitely bounce up and down Link to post Share on other sites More sharing options...
Macrosszero Turbocharged December 8, 2011 Share December 8, 2011 Because he needs fast cash, he took a loan to buy the car, now he's hoping to liquidate it and yet not have to pay the bank back. Flight risk. Wouldn't touch it with a ten foot barge pole. Link to post Share on other sites More sharing options...
Alim 1st Gear December 8, 2011 Author Share December 8, 2011 (edited) I did a bit of CSI on his number... Google Search on his number Strangely, he seem to be selling a number of furniture Selling Designer Sofa Selling Designer TV Table. Look at the location when he post the ad. Ocean Drive leh! Selling Ikea Sofa Bed Edited December 8, 2011 by Alim Link to post Share on other sites More sharing options...
2BDriver Hypersonic December 8, 2011 Share December 8, 2011 I did a bit of CSI on his number... Google Search on his number Strangely, he seem to be selling a number of furniture Selling Designer Sofa Selling Designer TV Table. Look at the location when he post the ad. Ocean Drive leh! Selling Ikea Sofa Bed On your Mark, ready.....GO !!! ↡ Advertisement Link to post Share on other sites More sharing options...
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