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23 replies to this topic | 10 praises

#1

Posted 29 November 2012 - 07:52 PM

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Hello Guys ,

have anyone of you sell the car thru consignment basis ?

I got this deal , buyer interested to buy my car.. but the middleman ( car today ) claims that I will need to do a transfer first name to new owner first , then i get paid 1-2days after the car name transfer..

in all my car buying and selling , even buyer with loan , all full payment is done immediately after transfer name is done ?

I found it very fishy.. anyone any enlightment me ??

1) what is name transfer and this middleman dod not transfer ?
2) they charge super high % commission up to 5% if u want the payment done on the before transfer ! Maybe it their tactics to get instant commission rather from loan and insurance ?
3) there is no confirmation letter or agreement that fund is transfer own witheld by them ( middleman ) ...

any member car to share.. Is this a scam ?

#2

Posted 29 November 2012 - 08:11 PM

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tell middle man fly kite. Go lta together and oversee the transfer AFTER you see cash or cashier order
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do to others what you want others to do to you......

#3

Posted 29 November 2012 - 08:27 PM

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Commission on percent? Lol, they think they sell property

#4

Posted 29 November 2012 - 09:01 PM

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No money in your account or cash in hand, keep your car safe safe. Trust must be tested and earned, not through sweet words or flashy jewelery/car they may wear to give confidence.

Whether scam or otherwise, please be wise if not car gone and no money in sight but can write a book on the grandma, grandpa, great ah gong excuses....all delaying tactics. Why take the risk when there are safer options?


Safe ride
Cheers

#5

Posted 29 November 2012 - 10:30 PM

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noted guys !! thanks.. so seems that nobody come across this company Car today ?? but if u look into the website... u can see that they advertisement alot of cars.. but some when call.. cant arrange for appointment to view car.. ??

#6

Posted 29 November 2012 - 10:32 PM

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they say no need go LTA , they have online service.. once car transfer , pls them the electronics password...they can do...!

so if this is a scam.. all buyer and seller beware...!!



#7

Posted 29 November 2012 - 10:44 PM

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They can transfer from their computers if they have been connected to LTA officially, if you
give them the pin number from LTA. Dont give anything unless you see cash or
cashier's order to you.
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#8

Posted 29 November 2012 - 10:47 PM

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Forgot to add even if they are approved by LTA, they also need to have insurance cover of the
car before it can be transferred.
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Failure is not defeat unless you stop trying

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#9

Posted 29 November 2012 - 10:49 PM

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no cashier order = FUK OFF, not even cheque

#10

Posted 01 December 2012 - 06:52 AM

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thanks guy !! for all the information

#11

Posted 01 December 2012 - 07:15 AM

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no cashier order = FUK OFF, not even cheque

Totally agree.

#12

Posted 01 December 2012 - 09:47 AM

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Collect Cash or Cashier Order.

Dont ever trust them.Transfer done probably need to play hide and seek bigcry.gif bigcry.gif bigcry.gif

#13

Posted 31 January 2013 - 01:35 AM

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chq = $15 or $30 cancel cheque. small amt paid to cheat someone

cashier order = make police report if u want to declare it lost

buy cars = give them cold hard cash (cashier order) + change owner ON THE SPOT.
Sell cars = check through the cashier order (Yr name, date, endorsement etc) + change owner on the spot.

u ask him lor, if he give u cashier order n u transfer the following day, ok?
its not ok one unless he's cashier order got some problems. so how can it be ok for u to transfer yr car to him/his co Without taking any $$$?
Who they trying to cheat? i hope honest people dont get cheat in this manner

#14

Posted 31 January 2013 - 02:45 AM

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LP...tell them go fark spider...no money in hand no transfer....transfer liao.. u take forever to chase the money..

''Don't take life too serious...learn to forgive and forget..after all.....no one get out of life......alive''


#15

Posted 31 January 2013 - 09:20 AM

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shouldnt be this way at all.
my dealer side's consignment works this way.
he assist to consign you car and put on sgcarmart for sale.
any interested parties view he will contact seller.
deal done, all properly documentation done and all $$ paid to seller then transfer will be done.
of course the consignment fee is paid upon conclusion of deal.
no deal no fee is required.
simple and straighfwd.
never heard of transfer name first and get $$ later.who will be so naive to do that?

#16

Posted 31 January 2013 - 02:18 PM

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haha tell him to find the nearest sea or longkang to jump.

COD or cashier order plus change ownership on the spot.
ओं मणिपद्मे हूं

还我河山!!!

#17

Posted 31 January 2013 - 02:41 PM

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an old man at my ex coy was cheated once by his so call brudder buddy as they always eat at same coffee shop, old man want to sell car to trusty buddy so just sign the paper transfer & this brudder buddy promise to deliver cheque later but suddenly so busy, later say on holiday later son say father missing, as far as i remb that used car dealer was sk car doing car wash also

Edited by Wormvirus, 31 January 2013 - 02:44 PM.


#18

Posted 01 February 2013 - 04:41 PM

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I heard of one....sell consignment car, then don't even put on website...
See liao also scared, don't know whether once you paid, they will run away and tell you they didn't sell it to you.

Bad experience from a small car dealer thumbsdown.gif knife.gif

#19

Posted 01 February 2013 - 05:25 PM

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can go geyland and fxxk first and pay later?

#20

Posted 01 February 2013 - 08:58 PM

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can go geyland and fxxk first and pay later?


bad example. of course you can if you are regular.........


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