Advisory : Pre-own Shop & Instalment Plan

[xinqun]

personally i dont believe in 0% interest. why? because the fees should be 'factor' in already.

Nobody would want to go for 0% if they are loaded. Rolex rise in prices year on year. going for 0% is a good deal as you save while you paid along. Like a housing purchasing, who is not bank loan except the rich. But even the poor can make money through installament. The bottomline is if you like a watch and have good income, go for it.

[triton]

personally i dont believe in 0% interest. why? because the fees should be 'factor' in already.

[novaol]

The pawnshop which specifically sells Only Rolexes will have the option of 0% when i saw it in Jurong and Yishun. You might want to try but preferably what DarkAngel mentioned, it's better to cut short and pay cash lah.

[Kohky26]

Oops! Okay, i was reading back into the past n learning alot...so thought might as well share wat i know...can...Cheers bro...

[CFC]

Hi Kohky26,


This thread last reply was 2 and a half yrs ago.Will appreciate if you could reply to those thread that are much more recently.

Thank you.

Regards,

Illusion84

[Kohky26]

Fyi please, JW Watch has a 24 months OCBC CC installmt payment plan...dnt know how it works, was browsing around the shop n saw it...Cheers all! ;-)

[taxico]

I could tell there are some with reading/comprehension disability.

I prefer to spread a big purchase out rather than pay for it upfront

while there can be only one meaning for "paying for it up front," "spreading a big purchase out" can have differing interpretations... ie, fiscally prudent or financially foolish?

but of course you, being differently enabled, knew that.

[biboy]

what i did for my 2 previous rolex is...... i saved enough money to pay for the 5/6 of the total amount. then i bought my rolex in installment for 6 months at zero interest. as i am paying for the monthly dues, i was saving for the last payment already. guess what?? after payment of the last amount due, i still have about 50% left! because i kept saving during the 6 month period.

[mecafe1]

I could tell there are some with reading/comprehension disability.

I prefer to spread a big purchase out rather than pay for it upfront

[marklim]

hi guys i am new to this forum... i came accross money max (pawn shop) one fine day and went in to take a look at their fine watches. to my surprise they too offer 0% installment plans too. just to share.

[rockdaman]

nothing 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 agree with if you are able to pay it off in full during emergencies.

I will take the risk to take the cash to invest in equities for bigger return.

[taxico]

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)

nothing 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.

[Speedmaster1979]

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)

[taxico]

no offense meant but i don't think it's wise to get a luxury item/jewelery if one cannot pay for it in full.

[HublotBoy]

Hi bro can pm me hw much u pay fr yr dssd and which shop of c.t.? Tks