Plan to buy a NEW/USED car?(V2), ASK HERE for recommendation.
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 Jan 15 2015, 09:44 AM
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#1
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Junior Member
16 posts Joined: Dec 2006 From: 12.370367, 23.322272  
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hi all,
i plan to buy in cash 2nd hand car (Hyundai i10 2011) for my wife, went to one used car seller yesterday & after agreed with the price, seller ask me to pay 30% to confirm booking. Is it normal or how it suppose to be. What is the normal procedure when buying car at used car dealer? thanks This post has been edited by iiapaii: Jan 15 2015, 09:52 AM |
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Jan 15 2015, 06:39 PM
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#2
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Junior Member
16 posts Joined: Dec 2006 From: 12.370367, 23.322272
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QUOTE(carbon14 @ Jan 15 2015, 11:04 AM) Hi there. DON'T. IT IS A CON bro, noted & thank you for the info By law you are only required to pay 1% of the vehicle price as a booking fee! And if your loan application is not successful they are required to return 90% of the booking fee. Deposit does not equal to booking fee! You are not required to pay any deposit for booking the vehicle. Walk away from that store, the dealer are probably unscrupulous.   QUOTE(call me random @ Jan 15 2015, 04:32 PM) mind sharing how much u get? see on the road not very common, quite nice i think.. what makes u choose i10 over anything else? it's exactly as what you mention above, but never test drive it yet, did you? |
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