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Showing results for tags 'used car dealer'.
Found 6 results
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https://discoversg.com/2017/05/04/aims-by-autobahn-motors/
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As per the title, i got a used car a few months ago. Mileage stated by dealer was about 60k km. A few months later the previous owner of the car saw me in a carpark and approached me to say that the car i'm driving was his previous car, and he was surprised at the low mileage. He sent me the official receipts and servicing records which clearly showed the mileage was 100k+ when he owned it, which means dealer tampered with the mileage back to 60k km. what are my options here? Should i confront the dealer?- 93 replies
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Undercover reporter in China works his way from entry-level sales to executive role to expose a corrupt used car company, China News - AsiaOne https://www.asiaone.com/china/undercover-reporter-china-works-his-way-entry-level-sales-executive-role-expose-corrupt-used Selling at higher price than paid? Huh isnt that business? Like this all used car dealers in SG are scammers liao. Or just BAD article writing by our SPH.
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SINGAPORE - Singapore Press Holdings-owned sgCarMart has started a financial services arm to muscle in on the billion-dollar car-financing market. The car portal will offer financing to used car dealers for their vehicle inventory as well as to car dealers to offer hire purchase loans to buyers. sgCarMart's wholly-owned online auction subsidiary, Quotz, will take a 30 per cent stake in sgCarMart Financial Services for $1.5 million. The remaining 70 per cent of the venture is held by T Financial (51 per cent) and five other parties, SPH said in an announcement to the Singapore Exchange. T Financial is a fully-owned subsidiary of Toh Capital, which used to be a major shareholder in four used car dealerships. The other shareholders are car trader Lake View Group and individual investors from the management team of sgCarMart. https://www.straitstimes.com/singapore/transport/sgcarmart-moves-into-financial-services?utm_medium=Social&xtor=CS1-10&utm_source=Facebook#Echobox=1541585998
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Was looking for a used car which has 2-3 years left. Seems like used cars with 2-3 years left have ridiculously high depreciation, some cases even higher than brand new cars or those that are 1-2 years old? This is especially so for the popular ones like altis and camry where you can get the brand new ones for lower depreciation, with warranty and 5 years free servicing. I can understand the loan restriction probably pushed the price of these used cars up, but are this pricing really what is happening if I walk into a used car dealership?
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Was browsing through the used car and noticed this dealer ..... anyone can spot the concern ?
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