Need feedbacks on 2nd car dealer...

[Creative_tec]

Hi All,

 

ANyone have any experience with Efizzig Credit? going to buy a COE car from them but just find that it appears to be very dodgy... their salesman looks more than loanshark and the shop itself doesn't really give me a very good impression. Etc. colleague wearing 3 quarters, shouting around in hokkien, playing hp music while the salesguy is talking to me..

 

from what i know from the sales guy, they do in-house finance and when i ask them what docs they require from me, he say don;t need any proof of income at all, if have then good, if don't have nevermind.. but all the long, i thought this is a MAS regulation for vehicle loan regardless of amount. i am just afraid that once i sign on the dotted line, they might come up with "patterns" or worse still, they might add something to the contract or if i miss any installment, they might splash my house with paint and hang pighead on my door ( they really look like loansharks).

 

Anyone here bought cars from them before? care to share?

 

Thanks

[Coolpica]

Don't buy from the dealer if u feel uncomfortable about it. If u like the car, I'm sure u can find something similar from dealers as well.

[Toy_car]

My frd bought a COE$101 Nissan Sunny from them last year. Yes, their office look very simple and seem like anytime can close shops and the wear they dress and present like siting at coffee shop. But i would say that the price my frd bought with them are market rates as for loan im not sure as my frd make full payment of the car.

[Adwin]

If they look uncomfortable to you. DON'T BUY!

 

Simple as that.

 

Look for others.

[Creative_tec]

in fact, i am not the one buying the car. Its my brother but using my name as the hirer. do all the 2nd car dealers the same? i have been to 2nd car dealers before but this is the first time i got this weird feeling. Worse still, its the first time i come across a car loan that doesn't need income proof.

[Creative_tec]

so far there isn't any negative feedback from your friend? i am not too worried abt the installment but i just afraid of any implications after the loan is finished.

[Porker]

Better don't if you feel uneasy. Thats the first warning

[Fongs]

Depends on loan amt (compare with actual car price) & tenure.

 

For my (new) ride, i loan 10k for 1yr -- tat's to take advantage of the so-called 'discount' from the AD. Also no need income docs. To the bank, there's no risk. If i dont pay, my ride is definitely worth more than 10k (or the outstanding amt).

[Albeniz]

Tell them to don proper attire and behave like refined gentleman before you proceed with the deal.

 

Maybe the boss hire these people to cut down cost.

Hopefully he pass the benefit to the consumer.

 

Jokes apart. Don't buy.

[Toy_car]

Since he has no loan and the onwership is under his name than should be ok bah...