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Are used car getting more expensive?


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#1
nazirmz

Posted 29 April 2006 - 10:37 AM

nazirmz

    Tokyo Drifter

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Just wondering guys, is it me or used cars getting more expensive after NAP
announced. Yesterday I had a look at motortader magazine, and I noticed
several cars which I had my eyes on had the prices increased few thousands.
What gives??? Is it just me or what?

#2
hmmuserID

Posted 29 April 2006 - 10:44 AM

hmmuserID

    White Lightning

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it true, 2nd hand car prices have either increased or remain the same.

dealers however will reduce their buying price thus increasing their
profit margin. AngryAngry

#3
sengthee

Posted 29 April 2006 - 06:07 PM

sengthee

    Fast & Furious

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I think the reverse is true. Used car dealers are trying to liquidate
their stock holding now. If you could hold on for a while yet, say 1-2
months time, there will be real steal I am sure.

By the way, just got a used X-Trail 2.5 for my bro. A reasonably good
deal. Altho I am pretty sure the prices are going to come down even more
but unfortunately my bro could not hold on any longer and also
the "right" unit might not come along again.

Cheers.

#4
MyOne

Posted 13 May 2006 - 12:06 AM

MyOne

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banks have just adjusted the used car price and if the used car dealers
increase the price, that means the buyers will have to pay more DP to buy a
used car... some will just go for the new car because bank give more loan
for new cars.... so.... is it good for the used car business?????????Question