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Found 2 results

  1. Hi all, i just want to get attention from people that i realise a lot of direct buyer is actually same person who selling a lot of cars and same contact as other dealer. The reason is to manipulate the market to make people think that the used car price high sky is to blame direct seller who want to sell their car at high price infact the truth is dealer jack up the price, worse is the used car peice depreciation is higher than the current new car price even at $60-65k coe price tag. They realise that people who dun afford downpayment for new car will narrow down to used car search n hence dealer unethically appreciate all their assets that they bought in at low price previously by manipulating market cause they know ppl who does not have a choice will go for used car It is up to the buyer now to think twice n make clear calculation cause if u make purchase used car will always cause the used car market at high price due to dealer think no matter how high the depreciation u dun afford new car downpayment u come to used car n u pay something that is not worth moreover will need to pay for repair cost if the used car went wrong. Overall in actual the used car depreciation will be a lot higher than the new car. example new altis 10-11k depreciation 2006 altis 9-12k depreciation haven count the repair cost n the risk that the car might involve several accident i want to urge the dealer stop manipulate the market price, also sgcarmart do not allow not genuine direct owner to post their car sales under direct owner advertisement.
  2. 133 traders in all around 20 banks is involved and 3/4 has resigned or ask to leave. 19 Banks are now to set aside reserves by end of this month for the traders action, some bank need to set aside as high as 1billion. Looks like this year bankers will not get good bonus due to so much opportunity cost lost and also large amount of $ taken out to put into reserves. http://www.channelnewsasia.com/news/singap...nks/710364.html
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