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Why Do You Never See The Asking Price Displayed On A Used Car


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#1 nattydread

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Posted 2012-05-25 01:12:57

if you walk into a used car showroom back in the UK and probably most Western countries the asking price is usually displayed on the windscreen of the car along with its year of registration

if I walk past a car lot back home and a car in my price range stands out I would then take the trouble to investigate further

every used car I have seen whether it be in a garage or parked at the side of the road never has the asking price displayed.......the exception to this has been a couple of sub 50,000 baht cars

that caught my eye that wouldnt have looked out of place in a scrapyard

so why is it that the Thais never display the price which in my opinion would get them more punters in hence more business?

#2 kartman

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Posted 2012-05-25 06:07:34

They 'Sus' the punter that does inquire first before disclosing 'a' price.

#3 tom21

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Posted 2012-05-25 06:35:38

as far as i know most western countries it is the law to put the price of a used car on the car ( dealers) in thaialnd it is not

#4 sezze

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Posted 2012-05-25 06:40:43

Also , nobody want's to know the complete price but only how much they have to give as 1st pay-off . So you see the cars or non listed or as 20000 or 40000 or a nr like that . It would not attract more costumers since people who just can afford a car have allready 1 , and people who are very able to buy 1 buy new . A full 2nd hand price would scare off costumers rather then attracting them .

#5 stevenl

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Posted 2012-05-25 07:55:22

View Posttom21, on 2012-05-25 06:35:38, said:

as far as i know most western countries it is the law to put the price of a used car on the car ( dealers) in thaialnd it is not
Strange law IMO. In what countries would that be the case?

Agree with sezze, a lot of the second hand cars will be financed,. Sometimes you will even see a sign on the car saying '40000 Baht' or something like that, being the initial required downpayment. The same with motorbikes.

Edited by stevenl, 2012-05-25 08:00:13.


#6 happyaussie

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Posted 2012-05-25 10:39:37

They usually have an A4 page with specs on the dash, window, seat. In Australia there's no law and it's usually only cheap cars which have price on windscreen.

#7 transam

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Posted 2012-05-25 10:53:38

View Postkartman, on 2012-05-25 06:07:34, said:

They 'Sus' the punter that does inquire first before disclosing 'a' price.

My answer too. Posted Image

#8 simple1

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Posted 2012-05-25 12:15:15

don't know where you live, but in Pattaya most used car dealers have the price quoted on the A4 paper description, not on windscreen

#9 chris2004

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Posted Yesterday, 08:37

View Postkartman, on 2012-05-25 06:07:34, said:

They 'Sus' the punter that does inquire first before disclosing 'a' price.

Sure, if a thai walks in the price is say 300,000. If a farang walks in the price is 350,000.

#10 stingray

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Posted Yesterday, 16:50

View Posttom21, on 2012-05-25 06:35:38, said:

as far as i know most western countries it is the law to put the price of a used car on the car ( dealers) in thaialnd it is not

It's different: To put a pricetag on a used car, the dealer need a License. License cost about 10'k per year. Most of dealers avoid to pay that amount of money, so they can not put price tags on their cars.

Another thing: Can not "play" around with a "trade in", therefore no price tag.

Private sales on the road is forbitten to put a price tag. Can only put the tag "Sale" and the phonenumber.

#11 rixalex

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Posted Yesterday, 16:57

You don't need price tags on used cars out here. Just think what the car is worth and then double that figure.

#12 transam

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Posted Yesterday, 17:59

View Poststingray, on Yesterday, 16:50 , said:

View Posttom21, on 2012-05-25 06:35:38, said:

as far as i know most western countries it is the law to put the price of a used car on the car ( dealers) in thaialnd it is not

It's different: To put a pricetag on a used car, the dealer need a License. License cost about 10'k per year. Most of dealers avoid to pay that amount of money, so they can not put price tags on their cars.

Another thing: Can not "play" around with a "trade in", therefore no price tag.

Private sales on the road is forbitten to put a price tag. Can only put the tag "Sale" and the phonenumber.

Interesting info. Posted Image

#13 Darrel

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Posted Yesterday, 18:17

View Postsezze, on 2012-05-25 06:40:43, said:

Also , nobody want's to know the complete price but only how much they have to give as 1st pay-off . So you see the cars or non listed or as 20000 or 40000 or a nr like that . It would not attract more costumers since people who just can afford a car have allready 1 , and people who are very able to buy 1 buy new .

I think this is correct. I noticed the other day several 2nd-hand shops displaying vehicles with "15,000" or "20,000" on the windscreen. These can only be monthly payment costs.

I find it hard to imagine why anyone would ever think about buying a used car in Thailand unless they just don't have the cash to buy new, and such people would probably be buying on credit also.

I looked very briefly at 2nd-hand prices and immediately put the idea completely out of my mind. Used car prices here are just plain absurd.

#14 BlackArtemis

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Posted Today, 02:11

If it's 20k, it might be a down payment. And I can see many reasons to buy used. There are many models that simply cannot be had new. I find the new civics ugly and bloated and I like the 1993-2003 generations much better.
And no hope of finding something like a gen1 celica, 620 Datsun, or Caribbean new...

#15 rixalex

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Posted 59 minutes ago

View PostDarrel, on Yesterday, 18:17 , said:

I find it hard to imagine why anyone would ever think about buying a used car in Thailand unless they just don't have the cash to buy new, and such people would probably be buying on credit also.
I think buying on credit accounts for a very large percentage of sales with both new and used, but the key difference is, and the reason why people do buy these over-priced used cars that aren't much cheaper than new, is that financing a new car for one, requires a much larger initial down payment, and for two, requires passing a much stricter background check on the person's finances and their work etc. Plus of course there tends to be a bit of a waiting list for new. Some people, when they decide they want to buy a car, want and expect to be driving it the next day. Here it can take up to six months from deciding you are going to buy a car, to actually owning it, and some people can't be arsed with that.

#16 ignis

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Posted 27 minutes ago

Quote

I looked very briefly at 2nd-hand prices and immediately put the idea completely out of my mind. Used car prices here are just plain absurd.

Thai built cars yes, but look at the European car, you can get 2nd hand a good European car with electric everything, climate control, leather, ABS and Airbags for the same price, same year as a basic Thai built No ABS, No Airbags,

The European car cost 1 -2 million more here then the same size Thai built car new......

Look at Honda, if you see a Thai built Accord next to a Legend or Vigor, same year and price, most Thai's will go for the Accord, beats me why, both the Legend and Vigor  have electric everything, climate control, leather, ABS and Airbags.

Thailand there lots of accidents yet safety appear to play no part in buying a car here....... you even see new'ish cars that they cange to a non airbag wheel, even the new still on red plates Mini bus yesterday had changed the wheel to a non airbag wheel !!

#17 ignis

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Posted 18 minutes ago

View Poststingray, on Yesterday, 16:50 , said:

View Posttom21, on 2012-05-25 06:35:38, said:

as far as i know most western countries it is the law to put the price of a used car on the car ( dealers) in thaialnd it is not

It's different: To put a pricetag on a used car, the dealer need a License. License cost about 10'k per year. Most of dealers avoid to pay that amount of money, so they can not put price tags on their cars.

Another thing: Can not "play" around with a "trade in", therefore no price tag.

Private sales on the road is forbitten to put a price tag. Can only put the tag "Sale" and the phonenumber.

Many cars with a For Sale sign on by the side of the road have prices ? maybe different provinces different rules ?

In Bang Yai there is always 3 or 4 cars parked on the side of the road together with price, [both sides of the road are Banks maybe repo cars?] and has been for past 8 years, most expensive was a slab side Benz S class @ 880,000 baht, normally see different cars there between 59 - 300,000



 


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