(Dan Tri) – Near Tet, many banks are simultaneously offering to sell a series of used luxury cars at cheaper prices than the market.
However, despite the relatively reasonable price, these cars have not yet won much sympathy from buyers.
On the website of International Bank (VIB) is selling luxury car models such as BMW 520i 2020, Mercedes-Benz C200 2019…, VIB does not offer direct selling prices for these car models but will negotiate with buyers.
The 2013 Range Rover is listed for 1.31 billion VND (Bank website photo).
Older luxury cars are also being sold by VIB at public prices such as the 2013 Range Rover priced at 1.31 billion VND, the 2017 Mercedes-Benz C200 priced at 990 million VND or the Lexus RX350 manufactured in 2015 with
Besides, Tien Phong Commercial Joint Stock Bank (TPBank) also liquidated the Mercedes-Benz C250 for only 480 million VND and the Mercedes-Benz E300 for 1.56 billion VND.
Not only VIB or TPBank, Technological and Commercial Bank (Techcombank) also sells a number of cars to recover debt such as VinFast Lux A2.0 for 790 million VND or Vietnam Industry and Trade Bank (Vietinbank) announces liquidation.
When buying a used car, users should check it carefully before spending money (Photo: Trung Nam).
The used cars that banks offer for sale are priced from 100 – 300 million VND cheaper than the used car market, such as the 2015 Mercedes-Benz E200 being sold in some used car markets.
Cars for sale by banks are not attractive enough to car buyers
The luxury cars that banks sell for debt recovery are cheap but still not attractive enough to people for many reasons such as car quality, legal procedures, and insurance support policies.
Due to liquidation of assets to recover debt, people who buy cars from the bank for sale often do not receive support such as warranty or installment payments (Photo from the bank’s website).
On the other hand, good quality luxury cars at bargain prices that banks liquidate are unlikely to reach users because most of those cars are often quickly `snipped` by professional used car dealers.
In addition, new luxury cars are often sold by banks in the form of auctions. Buyers will not be able to take the car for inspection at garages but can only see the car directly at the warehouse, so it is difficult to know.
Mr. Phuc, a technician who used to work at a car garage on Phuc Dien Street, said: `When buying a car from a bank for sale or liquidation, people should go with a car repairman to check it out, if possible, check it out.`
`In many cases, when a new car owner buys a used car and comes to the garage to check it, the car has many damages, has to be replaced and has to spend a large amount of money to maintain and repair the car,` Mr. Phuc shared.
On the user side, there is also not much confidence and attraction in buying cars from liquidation banks to recover debt.
A liquidated car with a pretty nice exterior (Bank website photo).
It can be seen that, near the Lunar New Year, the demand for buying cars to `go to Tet` is high.
Trung Nam delegation
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