Came across straits ad and also online ads of this company, Volks Auto Pte Ltd.
http://m.sgcarmart.com/new_cars/PIdealer.php?dcode=1221
Cars are $10k- $20k cheaper than the rest of PIs. Price stated is for 1 bid guaranteed coe at 72k! How can a car be so discounted in an already competitive PI industry.
My quick check from ACRA confirms that the company is a new set up in 2014. A new setup giving massive discounts so that company can attract customers? Not logical, why would anyone do it at a loss? Profits from sale of a car is only a few thousands. Giving such discounts would mean operating at a loss.
Deposit for car is $10k + 10% of car value. Is this industry norms? Thought the norm is just $10k for coe bidding.
My common sense says buy with care. Cheap things do not always mean good things.
Has anyone had his car delivered from this PI? Any reviews?
http://m.sgcarmart.com/new_cars/PIdealer.php?dcode=1221
Cars are $10k- $20k cheaper than the rest of PIs. Price stated is for 1 bid guaranteed coe at 72k! How can a car be so discounted in an already competitive PI industry.
My quick check from ACRA confirms that the company is a new set up in 2014. A new setup giving massive discounts so that company can attract customers? Not logical, why would anyone do it at a loss? Profits from sale of a car is only a few thousands. Giving such discounts would mean operating at a loss.
Deposit for car is $10k + 10% of car value. Is this industry norms? Thought the norm is just $10k for coe bidding.
My common sense says buy with care. Cheap things do not always mean good things.
Has anyone had his car delivered from this PI? Any reviews?
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