Originally posted by shuseido
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Advisory : Pre-own Shop & Instalment Plan
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Question Regarding Credit Card Instalment Schemes for 2nd Hand Watches
Dear forummers,
im a newbie to the luxury watch scene and was wondering if anybody could kindly point out which 2nd hand watch dealers offer a 0% Credit card Instalment plan ?
I prefer to spread a big purchase out rather than pay for it upfront ...hehe
If i was not mistaken, a friend did tell me that Peng Kwee does offer them.
Appreciate any help given.
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Alot of banks don't offer free installment plans anymore unless you go to THG or Sincere which are for new purchases.
I just bought my Dssd at Chinatown rolex.
Good price and 12 mth installment.
Please avoid PK at all times. You will be carrot there
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That is why some say"with hard cash,i can only buy one thing at a time only but with instalment plan especially 0%,i can buy many things at one time"
We all too want/hope to buy in cold hard cash(usually will have great discount)but to take out hard cash,very hard pain but with 0% instalment,you will not feel the pinch(though the amount you paid will be higher)
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nothing is free in this life. nothing is guaranteed in this life.Originally posted by Speedmaster1979 View PostThat is why some say"with hard cash,i can only buy one thing at a time only but with instalment plan especially 0%,i can buy many things at one time"
We all too want/hope to buy in cold hard cash(usually will have great discount)but to take out hard cash,very hard pain but with 0% instalment,you will not feel the pinch(though the amount you paid will be higher)
the only time you should use 0% instalment on your credit card is if you are able to pay it off in full during emergencies.
i have used it once (i bought a $1,200 dell laptop early this year on 0% interest citibank plan) and it has some benefits.
because the notebook is for use as a clinic computer and will be depreciated over 12 months, i don't see the sense in paying for it in full when i bought it.
however if it's necessary, it can be paid in full immediately... and i actually wanted to do this because my credit limit is reduced by $1,200 due to the 0% plan.
if i knew such a thing would happen i wouldn't have used the 0% plan because sometimes i want to pay for more expensive things but i cannot use it for such purposes and i only have 2 credit cards - one from UOB (SMA) and one from citibank (Dividend) - but my credit limit from citi is higher.
such is life.“Watches, no matter how much they cost, are better at telling time than making a person happy.†- Thomas J. Stanley
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I agree with if you are able to pay it off in full during emergencies.Originally posted by taxico View Postnothing is free in this life. nothing is guaranteed in this life.
the only time you should use 0% instalment on your credit card is if you are able to pay it off in full during emergencies.
i have used it once (i bought a $1,200 dell laptop early this year on 0% interest citibank plan) and it has some benefits.
because the notebook is for use as a clinic computer and will be depreciated over 12 months, i don't see the sense in paying for it in full when i bought it.
however if it's necessary, it can be paid in full immediately... and i actually wanted to do this because my credit limit is reduced by $1,200 due to the 0% plan.
if i knew such a thing would happen i wouldn't have used the 0% plan because sometimes i want to pay for more expensive things but i cannot use it for such purposes and i only have 2 credit cards - one from UOB (SMA) and one from citibank (Dividend) - but my credit limit from citi is higher.
such is life.
I will take the risk to take the cash to invest in equities for bigger return.
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