Introz Clutched March 9, 2010 Share March 9, 2010 Any mcfers here care to tell me for auction in sgcarmart 1) how it works 2) what is Rebate Amount As At 31-03-10 3) usually why cars in the auction list 4) the condition of cars << can gurantee or not ty ↡ Advertisement Link to post Share on other sites More sharing options...
Lamemonster Clutched March 9, 2010 Share March 9, 2010 Hi , Auction car normally are those who cannot cont their monthly loan and was repossed back by finance company. Those car condition normally also cannot garrenty cause u cannot view in detail and if you heng heng can get with car with good sound system. Price wise ... its cheaper but those car normally aim by 2nd hand car dealer wan. We private sure lose the bidding wan .... my 2cent Link to post Share on other sites More sharing options...
Sohboonguan 1st Gear March 9, 2010 Share March 9, 2010 Any mcfers here care to tell me for auction in sgcarmart 1) how it works 2) what is Rebate Amount As At 31-03-10 3) usually why cars in the auction list 4) the condition of cars << can gurantee or not ty I bidded 3 times and failed. I think so too, the second dealer is around. I cannot out bid them. I bid the so-called made in korea car some more. We can view the car at at Turf city. Been there a few time. the GE allow us to start the engine if u ask, and provided they have the key. Some car no key one. go down to Turf City see the car and bid higher than the deregistered value. dun bid higher than the indicative price. unless someone compete with u, and u decided to out bid them. :P Link to post Share on other sites More sharing options...
Introz Clutched March 10, 2010 Author Share March 10, 2010 u mean go down to Turf City see the car and bid higher than the deregistered value << bid higher than theRebate Amount As At 31-03-10? hmmm I bidded 3 times and failed >>wah aution so cruel Link to post Share on other sites More sharing options...
Ben5266 Supercharged March 10, 2010 Share March 10, 2010 1 of the major problem for us is cash. We need to settle the full amount in a few days after successful. If I am not wrong, you can bid at any price, even below the deregistered value. Link to post Share on other sites More sharing options...
Fedup-camry Neutral Newbie March 10, 2010 Share March 10, 2010 (edited) rebate amount at 31-3-2010 means the paper value of the car if degistered and exported by 31-03-2010, the unused COE (balance from 10 yrs) value plus the parf Edited March 10, 2010 by Fedup-camry Link to post Share on other sites More sharing options...
Danielgsx Neutral Newbie March 10, 2010 Share March 10, 2010 dun bother, why auction for used tissue paper? Link to post Share on other sites More sharing options...
Sohboonguan 1st Gear March 10, 2010 Share March 10, 2010 u mean go down to Turf City see the car and bid higher than the deregistered value << bid higher than theRebate Amount As At 31-03-10? hmmm I bidded 3 times and failed >>wah aution so cruel yes, those idiot will not let you have the car so easily... bid till over the indicative price... car body normally 500-3k est. dun bid too high no point... by the way u can get car leasing company to give u car loan... so bid somewhere in between the deregistered value and the indicative value. if you realise that u are close to the monthly installment of getting a new car... for example: new car monthly installment = $550 auction car monthly installment = $450-500. no point... go for new car...100-200 dollar can't get you anywhere anyway. if you are going for second hand car anyway, always double check with the second car online. unless it is a sport car where the bid is normally lower compare to the second hand market. risk is NO WARRANTY that it is in good condition. Link to post Share on other sites More sharing options...
Sohboonguan 1st Gear March 10, 2010 Share March 10, 2010 dun bother, why auction for used tissue paper? Used tissue? :P like girlfriend... get first timer, or is will be like used party ballon... yeah? imagine the stuff still inside. and you had to put yours in it... god.... I so disgusting... :P Link to post Share on other sites More sharing options...
Woonyang Clutched March 10, 2010 Share March 10, 2010 these cars are sold as they are. nobody knows if they are lemons. can't even test drive. the winning bids are often ridiculously high, might as well choose other used cars that you can test drive, examine and send for assessment. anyway, i think the dealers have their means to win the bid if they really want it. don't bother. Link to post Share on other sites More sharing options...
Sohboonguan 1st Gear March 10, 2010 Share March 10, 2010 these cars are sold as they are. nobody knows if they are lemons. can't even test drive. the winning bids are often ridiculously high, might as well choose other used cars that you can test drive, examine and send for assessment. anyway, i think the dealers have their means to win the bid if they really want it. don't bother. You're right, But no harm trying... if it is about paying 300 mthly installment i will really consider... but i go for new car... peace of mind with warranty... 500 plus mthly installment... better than some crappy abused auction car costing almost the same price... therefore i have rules to the bid... above 350 mthly, they can go ahead and win the bid... Link to post Share on other sites More sharing options...
Kohler Neutral Newbie March 10, 2010 Share March 10, 2010 I bidded 3 times and failed. I think so too, the second dealer is around. I cannot out bid them. I bid the so-called made in korea car some more. We can view the car at at Turf city. Been there a few time. the GE allow us to start the engine if u ask, and provided they have the key. Some car no key one. go down to Turf City see the car and bid higher than the deregistered value. dun bid higher than the indicative price. unless someone compete with u, and u decided to out bid them. :P I think the bidding system is a bit greylish . They should have something like the ebay bidding system where everyone can see the price bidding . Link to post Share on other sites More sharing options...
Karoon Turbocharged March 10, 2010 Share March 10, 2010 i am really not sure of some dealer's strategy... some like got no strategy. i bidded more than 5 times for auction cars, all lose out, only to see the same car on some dealer's webpage marked up to hell. these same cars would be sitting idle with no buyers until gradually the dealer bring the price down to almost the auction price, and they thrown in in-house warranty as well . Link to post Share on other sites More sharing options...
Introz Clutched March 11, 2010 Author Share March 11, 2010 i am really not sure of some dealer's strategy... some like got no strategy. i bidded more than 5 times for auction cars, all lose out, only to see the same car on some dealer's webpage marked up to hell. these same cars would be sitting idle with no buyers until gradually the dealer bring the price down to almost the auction price, and they thrown in in-house warranty as well . well thats is business.. Link to post Share on other sites More sharing options...
Introz Clutched March 11, 2010 Author Share March 11, 2010 You're right, But no harm trying... if it is about paying 300 mthly installment i will really consider... but i go for new car... peace of mind with warranty... 500 plus mthly installment... better than some crappy abused auction car costing almost the same price... therefore i have rules to the bid... above 350 mthly, they can go ahead and win the bid... thats true neway thanks for the advice... will tell my friend about it Link to post Share on other sites More sharing options...
Introz Clutched March 11, 2010 Author Share March 11, 2010 rebate amount at 31-3-2010 means the paper value of the car if degistered and exported by 31-03-2010, the unused COE (balance from 10 yrs) value plus the parf sori to ask again... am i correct to say, that is the value cost of the car on the date stated? but we can just put the price if no one put it first << as some our bro say? sori to ask many question cause me and friends nvr ever try the auction system before Link to post Share on other sites More sharing options...
Introz Clutched March 11, 2010 Author Share March 11, 2010 these cars are sold as they are. nobody knows if they are lemons. can't even test drive. the winning bids are often ridiculously high, might as well choose other used cars that you can test drive, examine and send for assessment. anyway, i think the dealers have their means to win the bid if they really want it. don't bother. wow that is so depend on luck like wining TOTO.. wondering if we bought already then the car cannot move = suck thumb? Link to post Share on other sites More sharing options...
Chiangauto Clutched March 11, 2010 Share March 11, 2010 sound like bidding with luck and gambling.:( ↡ Advertisement Link to post Share on other sites More sharing options...
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