Dealer chut pattern liao - Lease or Buy

[Wt_know]

porsche anyone? guarantee buyback ... depreciation is even much lower than buy (aka hire purchase)

but you must have $235K to park there first and collect it back 3 years later .... LOL

 

Edited May 29, 2013 by Wt_know

[Mustank]

car dealer rumber one

no matter what policy mas do, very hard to control these enterprsiing people

[Wt_know]

$788 x 36 months to drive porsche panamera

full service and repairs ... huat ah !!!

 

  On 5/29/2013 at 1:13 AM, Mustank said:

car dealer rumber one

no matter what policy mas do, very hard to control these enterprsiing people

Edited May 29, 2013 by Wt_know

[Mustank]

  On 5/29/2013 at 1:16 AM, Wt_know said:

$788 x 36 months to drive porsche panamera ... huat ah !!!

 

yah ah

how cum so cheap ah

[Kspchew]

  On 5/29/2013 at 1:13 AM, Mustank said:

car dealer rumber one

no matter what policy mas do, very hard to control these enterprsiing people

 

 

Think out of the box

with all these new schemes rolling out, dont really see how CoE will return to a sane level.

[Wt_know]

sound really cheap for someone who has $235k spare cash to park there with no interest and collect 3 years later

 

  On 5/29/2013 at 1:17 AM, Mustank said:

yah ah

how cum so cheap ah

 

[Animian]

MB lagi stylo...zero downplayment ....i wonder what is the penalty for these if the CM was taken off prior to the end of the lease .... and driver decided to terminate and get another car

[Little_prince]

dealer smarter than govt.

 

got a dealer once boasted to me he was a PSC scholar.

 

now i'm starting to believe.

[Kangadrool]

Which is WHY WHY WHY, gahment should just insist individual buyers bid on their own, and cannot bid through dealers.

[Wt_know]

dealer is mocking the govt ...

 

as long as dealer can bid coe ... they got the biggest SAY ... and walk with their nose pointing up

 

  On 5/29/2013 at 1:25 AM, Kangadrool said:

Which is WHY WHY WHY, gahment should just insist individual buyers bid on their own, and cannot bid through dealers.

Edited May 29, 2013 by Wt_know

[The_Bear]

Same rule applies. Head no have so big, don't wear a too big hat.

[1fast1]

  On 5/29/2013 at 1:25 AM, Kangadrool said:

Which is WHY WHY WHY, gahment should just insist individual buyers bid on their own, and cannot bid through dealers.

 

BUT BUT BUT, gahmen WANTS car prices to remain high. More money = they win. Why would they combine their "cooling measures" with a rise in ARF otherwise?

[The_Bear]

  On 5/29/2013 at 1:34 AM, Turboflat4 said:

BUT BUT BUT, gahmen WANTS car prices to remain high. More money = they win. Why would they combine their "cooling measures" with a rise in ARF otherwise?

 

AND AND AND, what can the people do but suffer for their privileges? Prius, anyone?

[Old-driver]

  On 5/29/2013 at 1:16 AM, Wt_know said:

$788 x 36 months to drive porsche panamera

full service and repairs ... huat ah !!!

A pretty good deal... if you can park $235k with them for 3 years, that is

[Wt_know]

isn't it a good deal for potential panamera buyer because buying (aka hire purchase) also need 50% downpayment which is $200K+

after 3 years also face difficulty to let go ...

but this leasing scheme guarantee buyback at initial downpayment value ... this one i really confuse ... what's the catch

 

i know some high end watch or high end handbag has same scheme ... but the guarantee buyback is at top 70-80%

somemore 3 years free service and repairs ... cannot chop carrot for servicing too

 

  On 5/29/2013 at 1:39 AM, Old-driver said:

A pretty good deal... if you can park $235k with them for 3 years, that is

Edited May 29, 2013 by Wt_know

[Old-driver]

  On 5/29/2013 at 1:45 AM, Wt_know said:

isn't it a good deal for potential panamera buyer because buying (aka hire purchase) also need 50% downpayment which is $200K+

after 3 years also face difficulty to let go ... but leasing scheme guarantee buyback at downpayment value ... this one i really confuse ... what's the catch

I spent a good 10 mins working out the sums... and still dun understand how it benefits the dealer. Can someone enlighten?

 

They have to lease u the car for 3 years, full service and get back a meagre $788 X 36 = $28368 though they could put the 235k to good use in the meantime

[Wt_know]

$235K - 5% return per year = $35K+

$235K - 8% return per year = $56K+

$235K - 10% return per year = $70K+

 

high end luxury car and supercar that cost > $500K now requires $250K downpayment

a $1M ferrari/lamboghini requires $500K downpayment

many commented that these buyer do not pay high downpayment as they can use money to make money

so it would be very hard to sell these high end car

 

  On 5/29/2013 at 1:49 AM, Old-driver said:

I spent a good 10 mins working out the sums... and still dun understand how it benefits the dealer. Can someone enlighten?

 

They have to lease u the car for 3 years, full service and get back a meagre $788 X 36 = $28368 though they could put the 235k to good use in the meantime

Edited May 29, 2013 by Wt_know

[Quirky]

They could collapse. Creditors have first claim on the 235k, and re-possess your leased car at the same time?