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Car down payment Rules


Wuga98
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Give new $2 note for angpao one ma hahha

 

if find leceh to buy money order ... withdraw $10k x 5 pieces ... sup sup water la ... can't even fill up the wallet ... lol

 

 

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$10k deposit they accept because they want you to sign on the dotted line ...

remaining $50k ... why would they want to accept CC ... you want to claim more points in CC right

once you signed on the dotted line already ... kena hooked liao (ie: like fishing)

as AD ... there is no motivation to accept CC for remaining payments ... to avoid CC commissions of coz ...

if you are AD you would do the same la ... where got weird ...

 

actually i ask AD if pay cash can be cheaper ... i go withdraw money ... lol

 

 

Hi,

Thanks for your advise.

 

Yes, I have already made 10k deposit by credit card.

 

Just find it weird deposit can pay by CC but down payment cant pay by CC. I will use cheque or cash payment then.

 

Edited by Wt_know
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Cc will kana makan 3% from cc ma

 

 

Hi,

Thanks for your advise.

 

Yes, I have already made 10k deposit by credit card.

 

Just find it weird deposit can pay by CC but down payment cant pay by CC. I will use cheque or cash payment then.

 

 

How u know its AD .?

 

if find leceh to buy money order ... withdraw $10k x 5 pieces ... sup sup water la ... can't even fill up the wallet ... lol

 

 

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if ah beng dealer ... deposit $10k also don't want CC or ask buyer to bear the CC comms ... muahahaha

 

anyway, AD has huge acct with CC ... i think comms only 1.x percent la ... where got standard 3% one ...

 

Cc will kana makan 3% from cc ma




How u know its AD .?

 

Edited by Wt_know
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Ohhhh logical but cc all hungry ghost. Ah beng they also give one lel. Maybe more comm

 

if ah beng dealer ... deposit $10k also don't want CC or ask buyer to bear the CC comms ... muahahaha

 

anyway, AD has huge acct with CC ... i think comms only 1.x percent la ... where got standard 3% one ...

 

 

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Supercharged

$10k deposit they accept because they want you to sign on the dotted line ...

remaining $50k ... why would they want to accept CC ... you want to claim more points in CC right

once you signed on the dotted line already ... kena hooked liao (ie: like fishing)

as AD ... there is no motivation to accept CC for remaining payments ... to avoid CC commissions of coz ...

if you are AD you would do the same la ... where got weird ...

 

actually i ask AD if pay cash can be cheaper ... i go withdraw money ... lol

 

 

Even if pay full cash also no discount. AD will pressurize to take at least 1 yr loan.

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Cashier order, thats what i did for sum over 10k. Just need to pay $5 through UOB

 

Otherwise open current account and issue check.

 

 

If still find it troublesome, get one big white envelope, put in 5 pcs of 10k note

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$10k deposit they accept because they want you to sign on the dotted line ...

remaining $50k ... why would they want to accept CC ... you want to claim more points in CC right

once you signed on the dotted line already ... kena hooked liao (ie: like fishing)

as AD ... there is no motivation to accept CC for remaining payments ... to avoid CC commissions of coz ...

if you are AD you would do the same la ... where got weird ...

 

actually i ask AD if pay cash can be cheaper ... i go withdraw money ... lol

 

 

Last question i ask before he say no discount

 

But still pay in cash worth it, no need pay interest.

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Last question i ask before he say no discount

 

But still pay in cash worth it, no need pay interest.

pay in cash more expensive.

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I read up DBS website and it seems like cashier order have 10k limit. So how do I make payment for 50k?

That's only for online (internet banking) applications.

 

If you go down in person and get a CO from the teller, you can get it for any amount. There's a $5 processing fee, deducted from your account.

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Hi Bros,

Need some advise here what is the payment method for car down payment you guys used?

 

Although I have sufficient cash in my posb saving account, there seems to have no easy way to make payment.

 

My car dealer say can only pay by cash, cashier order or cheque.

 

I asked dbs and they say cant pay by nets as there is limit but credit card they can temporary increase the limit for me to pay the large sum since I have POSB GO credit card which will deduct the amount from my saving account. Why car deal don't accept credit card?

 

I read up DBS website and it seems like cashier order have 10k limit. So how do I make payment for 50k?

 

So my option now is to withdraw 50K cash from my bank or pay by cheque. Is that the norm how you guys pay car down payment?

 

Thanks for the advise.

Cashier's order is only limited to the amount you have in the account. $5 fee applies

Check is the simplest, apply for a personal checkbook today.

Dont pay in hard cash as thats the easiest way to be double crossed.

Good luck

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No limit on cashier's order if you go down to the branch. $5 processing fee applies. Cheque would be better though since no fee involved, but no choice if you don't have a cheque book. Cash is a bit troublesome plus you may not feel safe carrying 10k in cash with you.

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