Direct Seller? For Real?
Updated: Nov 6, 2020
Buying a car from a direct seller? What could be the real identity of the "direct seller"? As more motor car dealer are tapping on this lemon law grey area, buyer are post with risks that they might be buying a faulty vehicle from a "direct seller"(but instead it's a used car dealer).
" GST savings can be another reason dealers resort to this practice. Transactions between direct buyers and sellers are not subjected to GST, whereas car dealers pay GST for the cars they sell. " - Mr Raymond Tang, a committee member of the Singapore Vehicle Traders Association (SVTA) - Source One Motoring website: https://www.onemotoring.com.sg/content/onemotoring/en/motoring_buzz/Motoring_News/Second-hand_car_dealers_posing_as_owners_to_sell_their_cars.html
If you ever think of saving some cost from buying from a direct seller, you may be opening a can of worms if you are not careful. Direct or Dealer? Which will you choose?