Damaged Civic Type R

[Lethalstrike]

Probably its has already been secured by some shady 2nd-hand dealer, who will then perform the necessary repairs and post it on SGcarmart with their usual description of "owner's 2nd-car, seldom used, accident-free".

 

Bros whom are looking for a 2nd-hand Type R for the next few weeks better avoid the following,

 

Reg 13-Aug-2009

 

COE $8,501

 

OMV $34,251

Edited March 13, 2011 by Lethalstrike

[Ichibawa]

Probably its has already been secured by some shady 2nd-hand dealer, who will then perform the necessary repairs and post it on SGcarmart with their usual description of "owner's 2nd-car, seldom used, accident-free".

 

Bros whom are looking for a 2nd-hand Type R for the next few weeks better avoid the following,

 

Reg 13-Aug-2009

 

COE $8,501

 

OMV $34,251

 

Number plate is SJS3867C

[So_nice]

doesnt look tat bad wat. juz minor damages. if can deal at 55k nw i would buy tat man. who wouldnt at 55k? lolx

[Lethalstrike]

I get what you mean, bro. I would love to have a Type R at $55K to thrash around too...

 

But the problem is the chances of auction cars ending up in dealers' hands are almost 99%. It is just a formality for the banks to post the cars on Sgcarmart.

[Nf0rc3r]

I get what you mean, bro. I would love to have a Type R at $55K to thrash around too...

 

But the problem is the chances of auction cars ending up in dealers' hands are almost 99%. It is just a formality for the banks to post the cars on Sgcarmart.

 

yup. Probably sell for over 90k after repairs are done.

Edited March 13, 2011 by Nf0rc3r

[So_nice]

I get what you mean, bro. I would love to have a Type R at $55K to thrash around too...

 

But the problem is the chances of auction cars ending up in dealers' hands are almost 99%. It is just a formality for the banks to post the cars on Sgcarmart.

 

this is for sure..where got so much cash on hand to pay. the dealers always gets it. :(

 

go thru the auction list and saw a copen without headlights. wahaha

[Ultramega]

this is for sure..where got so much cash on hand to pay. the dealers always gets it. :(

 

go thru the auction list and saw a copen without headlights. wahaha

 

Auction car can take loan to buy also...no?

[Aeromania]

initially i didn't click on the thumbnail, i thought previous owner paste some stripe sticker over the bonnet lol.

[TRD]

how u know about this car?

[Mllcg]

Auction car can take loan to buy also...no?

 

good credit standing

[Mllcg]

merc also tio

 

http://www.sgcarmart.com/used_cars/info.ph...9627&DL=508

 

[Ultramega]

good credit standing

 

need that for any loan.

[Mllcg]

need that for any loan.

 

depends.

 

if u really need a car, u might get it with an average standing.

 

no need say about bad. sure dun have de

[At3li3r]

So can i get loan then buy this car?

How this goes around?

 

I mean currently i have a lancer ex(1.5old) with loan of 30K left.

How do i go around this if i'm interested in this car?

[Ub6ib9]

So can i get loan then buy this car?

How this goes around?

 

I mean currently i have a lancer ex(1.5old) with loan of 30K left.

How do i go around this if i'm interested in this car?

 

 

Was interested in a car in an auction held by GE @ Turf City some time ago. As far as I am aware, you have to pay in full when dealing with auction vehicles. Once the vehicle is in your possession, you may then wish to explore the different options to convert it back into a loan.

[Altivo]

this is for sure..where got so much cash on hand to pay. the dealers always gets it. :(

 

go thru the auction list and saw a copen without headlights. wahaha

 

this one... without headlights and grill.. look like a "blind man"

 

http://www.sgcarmart.com/used_cars/info.ph...9660&DL=508

 

[At3li3r]

Was interested in a car in an auction held by GE @ Turf City some time ago. As far as I am aware, you have to pay in full when dealing with auction vehicles. Once the vehicle is in your possession, you may then wish to explore the different options to convert it back into a loan.

 

Possible to take loan to full pay?

Also hw the auction works?

 

How much and how i auction?

[Ub6ib9]

Possible to take loan to full pay?

Also hw the auction works?

 

How much and how i auction?

 

 

I doubt any institution will loan you the money as there is no collateral involved in this process.

 

Auction works like any other auction. Highest bid amount wins by the stipulated time and date of the auction, subject to reserve price being met. You'd probably have to pay an initial registration fee (refundable if bid is unsuccesful, usually $2k or more depending on the bid amount). You have to settle the outstanding total of the final bid price with any other percentage add ons (buyer premium of ?% in addition to highest bid amount - check with auctioneer before committing) within 48 hours via TT or cash. Cheque payment is subject to clearance time.

 

Most importantly, you gotta know what you're buying + know the condition of the vehicle and expected repairs at the time of purchase. Quite risky if you don't know what you're doing. Hope it helps.