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http://www.channelnewsasia.com/news/singap...oan/661792.html

 

"We have about 37 units of those ex-stocks. We have cleared (most of them), left with two units only. So it has turned out to be not only good, it's fantastic.

 

When borrowing restrictions revert next month, the Singapore Vehicle Traders Association expects times to be tougher.

 

It said used car dealers are likely to be more careful about stockpiling second-hand vehicles."

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i thought all 7k thats eligible for full loan is sold!

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the boss of CarTimes drive a baby Bentley... rich rich man

most likely from knock off some rich guy Somemore can sell later

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Went to turf city the other day..not many cars left..and many buyers...

 

I I guess better cars all gone already....

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btw no car salesman sell what ? carpark air?

 

They close shop lor.

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http://www.channelnewsasia.com/news/singap...oan/661792.html

 

"We have about 37 units of those ex-stocks. We have cleared (most of them), left with two units only. So it has turned out to be not only good, it's fantastic.

 

When borrowing restrictions revert next month, the Singapore Vehicle Traders Association expects times to be tougher.

 

It said used car dealers are likely to be more careful about stockpiling second-hand vehicles."

 

Saw this interview on News 5 last night....funny thing is behind Eddie Loo and when the camera scan around CarTimes, you can see rows of cars with the 100% loan signage.......

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They close shop lor.

when these roach no car, u can jack up ur used car price :D

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Saw this interview on News 5 last night....funny thing is behind Eddie Loo and when the camera scan around CarTimes, you can see rows of cars with the 100% loan signage.......

 

Haha, he pprobably playing mind game. Left 2 stocks so make people that want to buy base on 100 % loan to faster come buy before no stock. Than they will push up price even more citing they got a lot of takers, one don't buy there is a lot more want to grab it.

Edited by Yewheng

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Whats to stop the dealers from declaring cars they took in after the budget announcement as 100% loan eligible cars? Nothing? So they took in cheap but sold off highly priced under 100% loan cars.. <_< :angry:

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towards the end of the grace period, it'll become a matter of whether buyer or seller blink first.

 

for those who need the full loan there's no choice. but for those who can afford to wait, there's really no point in buying now.

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towards the end of the grace period, it'll become a matter of whether buyer or seller blink first.

 

for those who need the full loan there's no choice. but for those who can afford to wait, there's really no point in buying now.

 

 

That's what i thought when the 60 day announcement was made. I thought buyers have the upper hand now, just dong till last few days we'd have the last laugh. But ...zzz too many ganchiong spiders. Used car dealers having the time of their lives in this period.

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Whats to stop the dealers from declaring cars they took in after the budget announcement as 100% loan eligible cars? Nothing? So they took in cheap but sold off highly priced under 100% loan cars.. <_< :angry:

 

They need to do a transfer with LTA.. It's based on transfer date..

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