Watwheels Supersonic October 6, 2021 Share October 6, 2021 So unbelievable so many ppl fall for such lies. ↡ Advertisement Link to post Share on other sites More sharing options...
Ct3833 Supersonic October 6, 2021 Share October 6, 2021 1 hour ago, Mkl22 said: Cash and carry lor .hand over cashier order or $1000 bills and transfer on the spot. LTA should make on the spot transfer a mandatory process 2 Link to post Share on other sites More sharing options...
Mkl22 Twincharged October 6, 2021 Share October 6, 2021 12 minutes ago, Ct3833 said: LTA should make on the spot transfer a mandatory process not tat easy sometimes. for most of the dealers some portion of their stock is funded via loans, so they need you cash for them to have the bank release the lien on the car. but you can always place a deposit to enable them to start the process earlier and have them get ready to transfer on the spot. 2 Link to post Share on other sites More sharing options...
Hamburger Hypersonic October 6, 2021 Share October 6, 2021 well if such dealer cannot facilitate such monetary transaction, it also speaks of their credit rating or lack of it. They should just pull then shuttle and goes into car wash/polishing businesses. 2 Link to post Share on other sites More sharing options...
Zxcvb Turbocharged October 6, 2021 Share October 6, 2021 Renovation also the same. Take deposit but never complete the project, keep delaying. Give all sorts of excuses. Renovation can take more than 1 year. Knn. Link to post Share on other sites More sharing options...
Inlinefour Twincharged October 6, 2021 Share October 6, 2021 first look I tot Liam Neeson but Leeson SPF will find you and SPF will hunt you 2 Link to post Share on other sites More sharing options...
Beanoyip Turbocharged October 6, 2021 Share October 6, 2021 Actually, why can't have a centralised trust fund where buyers put their deposits and this is managed by the govt? Only after everything is cleared, then this fund can be released to the dealer Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged October 6, 2021 Share October 6, 2021 3 hours ago, Beanoyip said: Actually, why can't have a centralised trust fund where buyers put their deposits and this is managed by the govt? Only after everything is cleared, then this fund can be released to the dealer Such escrow service they earn wat? Buyer or seller willing to pay a service charge? Likewise for property transaction some lawyer run off with money. Platform like Carousell offer something like that know as Protection but dunno the take up rate. Believe the bank charge a fee. 3 Link to post Share on other sites More sharing options...
Soya Supersonic October 7, 2021 Share October 7, 2021 20 hours ago, Watwheels said: So unbelievable so many ppl fall for such lies. Possible lah. Like how many buyers take the dealer's OT and think they actually managed to score $20-30k above market price for their trade in car.... Link to post Share on other sites More sharing options...
Beregond Supersonic October 7, 2021 Share October 7, 2021 On 10/6/2021 at 10:47 AM, BabyBlade said: I'm surprised people think they can get away with such crimes in Singapore. in alot of such cases i known of (not only in auto trade), the culprit know they cannot get away , its just a matter of how much they can make before caught. '1)$222,000 in deposits 2)sentenced to two years and three months' jail 3)No restitution ( mean the $222000.00 is not recover??) 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator October 7, 2021 Share October 7, 2021 1 hour ago, Beregond said: in alot of such cases i known of (not only in auto trade), the culprit know they cannot get away , its just a matter of how much they can make before caught. '1)$222,000 in deposits 2)sentenced to two years and three months' jail 3)No restitution ( mean the $222000.00 is not recover??) if I am the culprit, i will buy as many rolex watch as possible with the 222,000. Then I go inside sit for 2 year, come out and sell for 444,000. 🤣 But I cannot sit in prison lah. I no balls. hahaha. I will not cheat, I will not cheat. 🤣 1 Link to post Share on other sites More sharing options...
Kar_lover Supercharged October 7, 2021 Share October 7, 2021 On 10/6/2021 at 11:30 AM, mikk123 said: when the person really really needs $$$$, he will do anything.... This kind of case will appear regularly in the news....why would anyone still wants to do it? 😁 Including playing squid game 😂😂 ↡ Advertisement Link to post Share on other sites More sharing options...
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