<Good Info>Beware of this 2nd hand car dealer + tips on selling your car to dealers

[Guest blackknight]

For all potnetial who intends to sell their car...

http://carbizz.blogspot.com/2010/06/car-bizz-best-car-dealer.html

[Guest 9339]

blackknight wrote:

For all potnetial who intends to sell their car...

http://carbizz.blogspot.com/2010/06/car-bizz-best-car-dealer.html

Many such cases in the market.

Seeing the name remind me of someone with the surname 'Lee', wonder is it the same fellow.

Be street smart be it first time selling and buying of car.

Another thing to note is...no cash transaction, either issue them a cheque or cashier order to the company name unless this dealer you are very very comfortable with.

If you need to top up from your full settlement amount, you can alway buy a cashier order payee to your finance's banker instead to the car dealer.

Do take note that most dealer will settle your outstanding with your bank within a week after letting you sign the 'Aurthorise Letter to Settle' .

Bank will than reply with the settlement amount 1 or 2 day later and transfer can only be done next working day after the settlement as bank need to release 'Form B' than transfer can be done.

Such process will take at least 3 day so dont be a ass hole to request the dealer to settle and do the transfer at the same day.

[g8crasher]

9339 wrote:

Many such cases in the market.

Seeing the name remind me of someone with the surname 'Lee', wonder is it the same fellow.

Be street smart be it first time selling and buying of car.

Another thing to note is...no cash transaction, either issue them a cheque or cashier order to the company name unless this dealer you are very very comfortable with.

If you need to top up from your full settlement amount, you can alway buy a cashier order payee to your finance's banker instead to the car dealer.

Do take note that most dealer will settle your outstanding with your bank within a week after letting you sign the 'Aurthorise Letter to Settle' .

Bank will than reply with the settlement amount 1 or 2 day later and transfer can only be done next working day after the settlement as bank need to release 'Form B' than transfer can be done.

Such process will take at least 3 day so dont be a ass hole to request the dealer to settle and do the transfer at the same day.

Thanks for the useful tips 9339. Topic is now sticky.

[Guest funnamSGMERC]

Glad that this thread has spread all the way here...

Sorry to say but i'm the owner...:becky:

I hope there will be lesser or none of such case happening to anyone..

blackknight wrote:

For all potnetial who intends to sell their car...

http://carbizz.blogspot.com/2010/06/car-bizz-best-car-dealer.html

[Sugarcane]

Good information

[SkyHawk]

thanks for the info.