Bros...
Anyone knows why some car ads the price stated is much higher than the prevailing market price? In fact it's even higher than a new purchase?
Is it to try to get higher loan for the buyer?
http://www.sgcarmart.com/used_cars/info.php?ID=489360&DL=1000
But wouldn't the banks check and know this doesn't make sense? Usually how much margin can Seller's try this tactic?
Thx