Nichi Clutched July 24, 2015 Share July 24, 2015 Hmm..quite bull...usually is bid first within the stipulated no. Of bids and deliver asap. If you paid a good price, hold. Hope the best for you bro. Question will be, what is a good price [laugh] ↡ Advertisement Link to post Share on other sites More sharing options...
Andyngps 5th Gear July 24, 2015 Share July 24, 2015 Question will be, what is a good price [laugh] The price you buy must be close to the current price at that point of time your agent bidded for you successfully. Henceforth in a declining coe environment, there is always a high chance you are buying at a high by the time you got your coe..unless you are trading in or get a very good fiscount...mho only... Link to post Share on other sites More sharing options...
Andyngps 5th Gear July 24, 2015 Share July 24, 2015 Hi! am new to buying brand new cars and hope bros and sis can help with this. Is it that anything below the COE rebate during the bidding session means the PI will refund? Example COE rebate is $50k means if PI secure COE at $45k, I get a rebate of $5k? Yes bro. Link to post Share on other sites More sharing options...
Jasongcp 3rd Gear July 24, 2015 Share July 24, 2015 Hi! am new to buying brand new cars and hope bros and sis can help with this. Is it that anything below the COE rebate during the bidding session means the PI will refund? Example COE rebate is $50k means if PI secure COE at $45k, I get a rebate of $5k? I think what you are proposing is non guaranteed bid, you are free to set your buying price of the car including your intended COE price. Let the PI do the work of bidding, say if you set at $40k, then PI will go in at $40k, ended up $35k, you will get back $5k rebate, if tender exercise closed at $50k, basically you don't get your car... It is as not as simple as you think. If you do not have a firmed price on the car body + accessories, warranties ...etc and you secured your coe, you will be at the mercy of PI. Why? your TCOE is valid for 6 months. PI can put a high car price and you lan lan must buy. else lose $10K when TCOE expires. I think there is another underlying issue in this approach, that is stock availability. As we are all aware of, Vezel is a highly sought after car, in fact, market is facing shortage, if you are approaching in such manner, what happened if you fail to get your car in time before TCOE expired? Link to post Share on other sites More sharing options...
supercoupe Neutral Newbie July 24, 2015 Share July 24, 2015 Anyone heard of Jack Cars {PI}? Saw a few vezel on the road...thought of getting a vezel soon on the next bidding. Link to post Share on other sites More sharing options...
Rationalexuberance 4th Gear July 24, 2015 Share July 24, 2015 Thanks Kaicar, in the end I went for guaranteed COE, no top up or rebate. Hassle free for me. I hope you dun recommend your deal to others..gtd no top up is fine but no coe rebate is dangerous. One might have lost much money alredy but still don't know. I know of a group of guys who did not intend to lose paper value, did not know the risks involved and trusted the boss words. Words are meant for kopitiam talk. Now sitting 5figure losses but their hands are tied Link to post Share on other sites More sharing options...
trajet2b 4th Gear July 24, 2015 Share July 24, 2015 I think there is another underlying issue in this approach, that is stock availability. As we are all aware of, Vezel is a highly sought after car, in fact, market is facing shortage, if you are approaching in such manner, what happened if you fail to get your car in time before TCOE expired? precisely my point. you get coe first and look for car (which is highly sought - more demand than supply) be prepared to lose your $10K or pay for a much higher car price. Link to post Share on other sites More sharing options...
Cumzilla 4th Gear July 24, 2015 Share July 24, 2015 PM sent for Question 1. Question 2 - read here - http://www.mycarforum.com/topic/2694222-honda-vezel/page-132 - http://forums.hardwarezone.com.sg/cars-cars-204/honda-vezel-vs-honda-hrv-5022100.html hi bro, can pm me the answer for question 1 too? Link to post Share on other sites More sharing options...
Csc2015 3rd Gear July 24, 2015 Share July 24, 2015 precisely my point. you get coe first and look for car (which is highly sought - more demand than supply) be prepared to lose your $10K or pay for a much higher car price. Depending on which model you are getting. If PI or even certain AD, they still get the same price for their car and coe will be paid to the garmen, why would they not sell to you?How to lose the $10K???? Link to post Share on other sites More sharing options...
trajet2b 4th Gear July 24, 2015 Share July 24, 2015 (edited) Depending on which model you are getting. If PI or even certain AD, they still get the same price for their car and coe will be paid to the garmen, why would they not sell to you?How to lose the $10K???? this is a Vezel forum and i assume we are talking about the variants of vezels models. there is no AD version for Vezel. HRV is not exactly the same as Vezel in terms of engine and fittings. due to the limited supply of vezel, PI can take advantage on you if you have secured your COE. I am talking about those who wants to self bid first without securing a booking with PI. Unless you pay premium, no PI will sell to you if you have COE in hand. if you never register a car within 6 months your TCOE will expire. You will lose your $10K COE deposit. Anyway, its up to you, if you think, its best to get coe on your own first and then start looking for the car, that fine by me. Edited July 24, 2015 by trajet2b Link to post Share on other sites More sharing options...
Csc2015 3rd Gear July 24, 2015 Share July 24, 2015 this is a Vezel forum and i assume we are talking about the variants of vezels models. there is no AD version for Vezel. HRV is not exactly the same as Vezel in terms of engine and fittings. due to the limited supply of vezel, PI can take advantage on you if you have secured your COE. I am talking about those who wants to self bid first without securing a booking with PI. Unless you pay premium, no PI will sell to you if you have COE in hand. if you never register a car within 6 months your TCOE will expire. You will lose your $10K COE deposit. Anyway, its up to you, if you think, its best to get coe on your own first and then start looking for the car, that fine by me. There are 87 PI dealing with Vezel and I would like to believe that there is at least one reasonable, honest PI out there who feel their margin will still be the same whether you get from them just the car body or car body plus coe with them. The one who go by this option of self bidding must be flexible to switch to other make should Vezel prices gone crazy. Anyone has gotten car through self bidding and care to share here? Link to post Share on other sites More sharing options...
Jasongcp 3rd Gear July 25, 2015 Share July 25, 2015 There are 87 PI dealing with Vezel and I would like to believe that there is at least one reasonable, honest PI out there who feel their margin will still be the same whether you get from them just the car body or car body plus coe with them. The one who go by this option of self bidding must be flexible to switch to other make should Vezel prices gone crazy. Anyone has gotten car through self bidding and care to share here? actually I wonder what is the rationale to go through this tedious process? Simple solution. If you think COE will drop to $40k for CAT A for example. Just go for non guaranteed bid at $40k. PI will lock in $40k for your COE, if you get it at $40k then surely you get your car. If drop to $35k, the $5k will still be factored into your final purchase price. No need to go through the hassle of arming with a TCOE and panicking looking for a car right? Just sign, pay $20k and sit back relax. Link to post Share on other sites More sharing options...
trajet2b 4th Gear July 25, 2015 Share July 25, 2015 (edited) actually I wonder what is the rationale to go through this tedious process? Simple solution. If you think COE will drop to $40k for CAT A for example. Just go for non guaranteed bid at $40k. PI will lock in $40k for your COE, if you get it at $40k then surely you get your car. If drop to $35k, the $5k will still be factored into your final purchase price. No need to go through the hassle of arming with a TCOE and panicking looking for a car right? Just sign, pay $20k and sit back relax. Edited July 25, 2015 by trajet2b Link to post Share on other sites More sharing options...
Imac 5th Gear July 25, 2015 Share July 25, 2015 http://www.sgcarmart.com/used_cars/info.php?ID=485699&DL=2296 good buy? can trust TRUST motoring? PI spotted. Link to post Share on other sites More sharing options...
Imac 5th Gear July 25, 2015 Share July 25, 2015 (edited) more imptly have you gotten your coe n at wat price full article featured here bro, check out the vezel with no HU..empty hole used as tissue box holder https://www.facebook.com/groups/SGVezelHRVClub/748265008618329/?notif_t=group_comment In case you missed out, hope it's not too late... article shared from facebook group https://www.facebook.com/groups/SGVezelHRVClub/748265008618329/?notif_t=group_comment A gentle reminder to all would be buyers of Vezels from PI, please seriously note that having cars already in the showroom does NOT mean anything, and it should not be a push factor to choose that dealer. Please focus on your actual deal's Terms & Conditions & Fine Print. If you don't already know, a few fellow Vezelians have lost in excess of 8k or more in paper value of their cars upfront,which entered the PI's cash register ka-ching ka-ching as full profit. i.e you could have paid 8k less because they were not familiar with negotiating on COE rebate levels. As such, if you lose 8k or more in paper value, it makes no difference in buying from Kah Motors even though KM brings HRV with inferior built and an older engine. That is from a financial standpoint. Remember! Go For High COE rebate Deals! Cat A last close 58.7k Cat B last close 65.5k 3k COE rebate deals below the above COE listings IMO is fair. I don't want to promote AD but fyi, KM is offering 56k rebate and negotiable. Remember don't fall for gimmicks! Tonnes of dealers out there to choose from, they're improved versions are all on the way, find a great deal COE now on its way down anyway, all the best! Happy Sunday everybody!! Nowaday, because of COE...buying a car is getting so complicated, especially with all the small print hidden inside the contract. AD/PI will write the contract to their advantage...I think we need a lawyer to vet thru the contract before signing.... Edited July 25, 2015 by Imac 1 Link to post Share on other sites More sharing options...
Saggice 1st Gear July 25, 2015 Share July 25, 2015 Get a reputable PI is important or someone with track records of delivering good service. I visited many many PI on vezel and realised that the prices offered can be easily a 10k range... with the more reputable PI offering a higher price and the dodgy ones quoting an unbelievable low price. well.... I rather pay a bit more. Link to post Share on other sites More sharing options...
Fitvip Supersonic July 25, 2015 Share July 25, 2015 (edited) First HR-V at my mscp Edited July 25, 2015 by Fitvip Link to post Share on other sites More sharing options...
Imac 5th Gear July 25, 2015 Share July 25, 2015 First HR-V at my mscp @Fitvip: Please remove my car picture. Thank you. ↡ Advertisement Link to post Share on other sites More sharing options...
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