most funny THING
EVEN HAPPEN
POSB JOIN CAR LOAN MARKET
@ 2.2% OR CASH REBATE @ 2.98% .
To have a share of the
pie, DBS shoot it rate up to @ 2.68%.
Automobile Sale are so Slow now. consumer ask for sky-scraping
trade in value for Used car . . . and pile of used car in AML and
Turf city ,some dealer even rent Lot from others or near by carpark
fill with used or new cars.
I speculate, IF COE drop around Late
Aug, How many "New Open" USED Car Dealer, going to jump down .
or IF
idiot company slash price due to rent cost and slow sales . and
affect the used car market rate.
or even IF
june COE go up due to no or little deregister since mar , cause
2006 or 2005 Cars now for sale and most 2004 2003 cars had be
export since 2007.[ ''_].
How car buyer going to Pick , it extremely confuse for Consumer
for the past 3 months . more Consumer buy NEW BMW and Benz and Audi
and Low income had to buy Used Japanese cars which had been jack up
by $8000.Use to be another way round.people use to buy USED BMW and
New japs.
Brand new Honda fit 1.3 ($750 10 Years ) hirer
have to min income $2400 with clear of debts .
Or a USED 2009 Honda now Selling 63k ($725 9 Years) which I
sold last year as low as $49888.
with POSB with more money to Spare will car buyer had a chance
of getting more success loan ?
anyone had any comment about car trade market Future?