Buying COE car from a direct owner question

[mike9765]

Hi all, when buying a COE car from a direct owner, what is the "right" price to offer? 

Option 1: around the market value of the COE car as advertised by car dealers

Option 2: slightly lower than the market value of Option 1

Option 3: deregistration value of the car + car body value (a few thousand) + 10-20k on top

I am considering getting a COE car from a direct owner and don't want to pay too much but at the same time do not want to lowball the owner.

Will be great to get some opinions. Thank you. 

[Mkl22]

On 11/14/2023 at 10:16 AM, mike9765 said:

Hi all, when buying a COE car from a direct owner, what is the "right" price to offer? 

Option 1: around the market value of the COE car as advertised by car dealers

Option 2: slightly lower than the market value of Option 1

Option 3: deregistration value of the car + car body value (a few thousand) + 10-20k on top

I am considering getting a COE car from a direct owner and don't want to pay too much but at the same time do not want to lowball the owner.

Will be great to get some opinions. Thank you. 

depends on the car.

1. direct seller might be a dealer in disguise.

2. usually slightly lower than market value, as direct sellers take it as win win. but depends on the type of car. not applicable to rare and unique cars.

3. direct sellers prefer buyers with full cash, less hassles or you settle your own loans.

[Volvobrick]

Halfway between trade in price and price car dealers selling at.

[Inlinefour]

posted in carouHell

 

met buyers from hell 

 

offer me below paper value and wanted everything inside my car plus give him warranty 😆😆😆

 

Knn ended up traded in to PML 

hassle free

better price 

 

 

Moral of the story

Do not sell yourself

Waste time effort and money 🙊🙉🙈

[Soya]

TS neber say what car

If frenchie or some oddball COE car, offer a few bucks above paper 

If B&B, offer a bit below dealer 

If exotic, rare n desirable, suck thumb n careful not to drop the soap 

 

[Volvobrick]

On 11/14/2023 at 12:56 PM, Inlinefour said:

posted in carouHell

 

met buyers from hell 

 

offer me below paper value and wanted everything inside my car plus give him warranty 😆😆😆

 

Knn ended up traded in to PML 

hassle free

better price 

 

 

Moral of the story

Do not sell yourself

Waste time effort and money 🙊🙉🙈

Maybe also asked you to accompany the buyer for a night too? 

[Mancypher]

On 11/14/2023 at 10:16 AM, mike9765 said:

Hi all, when buying a COE car from a direct owner, what is the "right" price to offer? 

Option 1: around the market value of the COE car as advertised by car dealers

Option 2: slightly lower than the market value of Option 1

Option 3: deregistration value of the car + car body value (a few thousand) + 10-20k on top

I am considering getting a COE car from a direct owner and don't want to pay too much but at the same time do not want to lowball the owner.

Will be great to get some opinions. Thank you. 

See SGCM for the same car with same reg year and month [if can].

Then see seller price. If lower than wat you see in SGCM lowest listed price, just take and deal. [this is an example]

 

[Jamesc]

See he desperate or not?

If desperate lowball him.

If he not desperate highball him.

You lowball him he won't sell!

Edited November 14, 2023 by Jamesc

[Mancypher]

On 11/14/2023 at 12:56 PM, Inlinefour said:

posted in carouHell

 

met buyers from hell 

 

offer me below paper value and wanted everything inside my car plus give him warranty 😆😆😆

 

Knn ended up traded in to PML 

hassle free

better price 

 

 

Moral of the story

Do not sell yourself

Waste time effort and money 🙊🙉🙈

CarouHELL is many lowballer. Is either you entertain or dont entertain.

But I managed to sell off my car from there though. Around $800 off my listed price.

[Jamesc]

Offer him $1k above the dealer!

If you offer the same he will sell to the dealer.

Less hassle!

[Jamesc]

Tell the seller COE came down.

Lowball him!

[Watwheels]

Why nobody ask the car owner's offer price? Mo sor wai?

[Jamesc]

Tell him recession coming

Lowball him!

[Jamesc]

If he is a dealer pretending to be a private seller.

Screw him upside down.

[Mockngbrd]

kah kah lai lowball 

[Throttle2]

On 11/14/2023 at 10:16 AM, mike9765 said:

Hi all, when buying a COE car from a direct owner, what is the "right" price to offer? 

Option 1: around the market value of the COE car as advertised by car dealers

Option 2: slightly lower than the market value of Option 1

Option 3: deregistration value of the car + car body value (a few thousand) + 10-20k on top

I am considering getting a COE car from a direct owner and don't want to pay too much but at the same time do not want to lowball the owner.

Will be great to get some opinions. Thank you. 

what car? 
 

boh tow boh beh

[currypuff]

TS, just buy from Jamesc

[Benarsenal]

When I sold my (very) old Lancer some years ago, the buyer paid me $1k above market value, but below my asking price.

I just take lor.