Used car market !?!?!?

matrock

Well-Known Member
currently looking for a used family car ( 2009) in sgcarmart,
after doing some research , everyone is selling at the SAME price
they bought in 2009 !!! some even a few grand more....
i thought depreciation calculation is based on the year its registered,
and NOT based on the current new car price ??? sibey jialat...
 
Re: Used car market !?!?!?

Lots of people are trying to sell at costs..... or profits !!!

Cars became a "tradable assets", a few dealers told me..... "Can buy one, this one.... "
 
Re: Used car market !?!?!?

kenntona;651294 said:
Lots of people are trying to sell at costs..... or profits !!!

Cars became a "tradable assets", a few dealers told me..... "Can buy one, this one.... "

Agreed. A lot of people now selling for even higher than when they bought their car. Actually kind of ridiculous pricing sometimes.

But what to do? COE is the cause of everything.

:(
 
Re: Used car market !?!?!?

kenntona;651294 said:
Lots of people are trying to sell at costs..... or profits !!!

Cars became a "tradable assets", a few dealers told me..... "Can buy one, this one.... "

ya...n there is nothing we can do...cb
even direct seller follow dealer price...
 
Re: Used car market !?!?!?

Can offload and transit for a year lor...... no need to chase with HIGHER COE and LOWER OMV...... the depreciation numbers are crazy......

60K COE means 6K a year, $500 per month paid to zheng hu for owning a car.....
 
Re: Used car market !?!?!?

But if you try to sell your car to a dealer he will say difficult to sell cos market full of your model, then you agree to his price. The next day the dealer posts in sgcarmart "JUST ARRIVED, rare car, selling fast, MY LOSS is YOUR GAIN, call now" and you see the asking price is 50k above what you sold to him for.
 
Re: Used car market !?!?!?

MW;651303 said:
But if you try to sell your car to a dealer he will say difficult to sell cos market full of your model, then you agree to his price. The next day the dealer posts in sgcarmart "JUST ARRIVED, rare car, selling fast, MY LOSS is YOUR GAIN, call now" and you see the asking price is 50k above what you sold to him for.

went down to look see a c4 grand picasso...selling 98k, den i showed him citroen 2009 pricelist selling 95k..den dealer say " to tell u the truth..i buy from owner at 95k also...i only earn from u 2 or 3k...very tough market nowadays for us dealer ,but u can see the condition very good one ley...blablabla ( switching subject )"........
 
Re: Used car market !?!?!?

MW;651303 said:
But if you try to sell your car to a dealer he will say difficult to sell cos market full of your model, then you agree to his price. The next day the dealer posts in sgcarmart "JUST ARRIVED, rare car, selling fast, MY LOSS is YOUR GAIN, call now" and you see the asking price is 50k above what you sold to him for.

matrock;651309 said:
went down to look see a c4 grand picasso...selling 98k, den i showed him citroen 2009 pricelist selling 95k..den dealer say " to tell u the truth..i buy from owner at 95k also...i only earn from u 2 or 3k...very tough market nowadays for us dealer ,but u can see the condition very good one ley...blablabla ( switching subject )"........

Used Car Dealers say what also cannot believe one... Say u very yan dao also dun believe... say u very stylo like david beckham... thou abit high still cannot believe...
 
Re: Used car market !?!?!?

indeed, used car dealers have ah bengs as described above.

however, perspective of the used car market really depends on which angle you are from, i.e. the seller end or the buyer end.

i just sold 2 cars very recently, mine and my wife's.

mine to an AD - of course, they sold to an AD, take in price was attractive to me and i am happy.

wife's to a resale shop - take in price was attractive too and she is happy. buy in price can be better but then, that is life.

lastly, do shop around those higher end resale, eg. premium select. just sold and bought from them recently, my wife's. no ah bengs to deal with and no kopi admin money.

( :

good luck to TS.
 
Re: Used car market !?!?!?

MW;651303 said:
But if you try to sell your car to a dealer he will say difficult to sell cos market full of your model, then you agree to his price. The next day the dealer posts in sgcarmart "JUST ARRIVED, rare car, selling fast, MY LOSS is YOUR GAIN, call now" and you see the asking price is 50k above what you sold to him for.

you forgot they will put: Direct owner...............





cheers
 
Re: Used car market !?!?!?

a careful lady driver.
owner's 2nd car. low milleage, seldom use.

it seems dealer is damn good in acquiring car owned by lady :lol:

ac323;651460 said:
you forgot they will put: Direct owner...............





cheers
 
Re: Used car market !?!?!?

wt_know;651523 said:
a careful lady driver.
owner's 2nd car. low milleage, seldom use.

it seems dealer is damn good in acquiring car owned by lady :lol:

Expat going back? Teacher owner? Doctor owner??????????????????????????????????????????????????




cheers
 
Re: Used car market !?!?!?

ac323;651531 said:
Expat going back? Teacher owner? Doctor owner??????????????????????????????????????????????????




cheers

careful owner ,garage queen, serviced every 5000km ,never go NS highway
 
Re: Used car market !?!?!?

matrock;651534 said:
careful owner ,garage queen, serviced every 5000km ,never go NS highway

Lolz, we just have to be careful.........




happy searching.......
cheers
 
Re: Used car market !?!?!?

plus........ dun worry. this is not a submarine car. seee..engine dry dry.
 
Re: Used car market !?!?!?

yan dao A.............. looking for any car?
 
Re: Used car market !?!?!?

ac323;651531 said:
Expat going back? Teacher owner? Doctor owner??????????????????????????????????????????????????




cheers

Ya I always heard expat going back... knn i know many expats who don't drive here... back in UK £60,000 for a M3, here 3series base model SGD160k... who will buy... maybe if given car allowance yes la, but only that handful lot only :nutkick:
 
Re: Used car market !?!?!?

Centurion9990;651859 said:
Ya I always heard expat going back... knn i know many expats who don't drive here... back in UK £60,000 for a M3, here 3series base model SGD160k... who will buy... maybe if given car allowance yes la, but only that handful lot only :nutkick:

my neighbour also expat, only given IS250...........................Lolz (V6)




cheers
 

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