Credit Card Promotion : The Hour Glass & DBS/POSB

[Kenneth_C]

I fully agree. Why would someone buy a watch on installment. If one can afford, one should pay the full sum. That is the true joy of owing a nice watch.

for me, true joy of ownership can only be optimised when the item is paid in full.
so instalments for a low ticket item like a watch is a definite no-no.

[Oceanklassik]

I will. I am not rich enough to own any luxury brand watch, actually. So no choice, paid in installments. But well, I still feel the joy of owning some of these watches, no less.

[eastsider]

I will. I am not rich enough to own any luxury brand watch, actually. So no choice, paid in installments. But well, I still feel the joy of owning some of these watches, no less.

I agree with u. There is no harm trying the 0% interest installment. If its 0%, y not? Someone may be earning 10k per mth n by using installment, he can just take out 1k or less for a watch. Does that mean he is poor? Nope, just that he choose to distri ute his spending since its 0% interest...

[Dfive]

I agree with u. There is no harm trying the 0% interest installment. If its 0%, y not? Someone may be earning 10k per mth n by using installment, he can just take out 1k or less for a watch. Does that mean he is poor? Nope, just that he choose to distri ute his spending since its 0% interest...

Agree.

" Originally Posted by Throttle
for me, true joy of ownership can only be optimised when the item is paid in full.
so instalments for a low ticket item like a watch is a definite no-no. "

Is a Rolex a low ticket item is it..... hmmmm what about AP or VC.... perhaps they are low ticket items also ?

[Dfive]

I will. I am not rich enough to own any luxury brand watch, actually. So no choice, paid in installments. But well, I still feel the joy of owning some of these watches, no less.

You nailed it there

[lefty]

Aiya, different strokes for different folks. you are solely in control of your own destiny and finances. Doesnt make one more "established" then the other regardless the route of payment method.

Personally, i have yet to go on the installment route as half of what i currently own are purchased preown directly from sellers while the other half are purchased new from grey dealers.

I have never made a single purchase from an AD / Retailer locally, and i dont see why i need to build a "relationship" to be in their "good books" as their "favoured" customer to enjoy priority access to releases that wld end up being sold at a premium anyway. But thats another story for another thread entirely....

[TheKing]

Aiya, different strokes for different folks. you are solely in control of your own destiny and finances. Doesnt make one more "established" then the other regardless the route of payment method.

Personally, i have yet to go on the installment route as half of what i currently own are purchased preown directly from sellers while the other half are purchased new from grey dealers.

I have never made a single purchase from an AD / Retailer locally, and i dont see why i need to build a "relationship" to be in their "good books" as their "favoured" customer to enjoy priority access to releases that wld end up being sold at a premium anyway. But thats another story for another thread entirely....

Guess there are other perks to building a relationship, you get invited to the watch talks and launches, free food... but through grey dealer you save more money and can get more food that way.....

Another thing about paying in installments, is the final discount that you get. Cos once I ask about the payment modes, the AD quoted me higher when I enquired about installments....

[Aleeboy]

What a ridiculous discussion about paying in full, or using an interest free installment, for a new watch. I bet you guys wear ROO and Panerais, which are way too big for your bodyframes, just to show you have an expensive watch and have paid in full.

It's up to the buyer to decide to use cheap credit, or pay in one go.

However, shouldn't buy if you are getting in over your head. This is the key and reason why banks offer this product as they will get all your revolving interest.

[lufu]

actually it's not good paying by instalment because you don't get the credit card points. e.g. 10K would earn a lot of card points.

[coern]

I fully agree. Why would someone buy a watch on installment. If one can afford, one should pay the full sum. That is the true joy of owing a nice watch.

$1 now is not the same as $1 in 36 months time. in 36 months, the $1 may be worth only 95 cents of today's money...

So installment can be good for those that use their money for investments to turn a profit.

In any case I've not bought any watches on installment before, so why am I even writing this???

[yattokame]

I will make sure I have the amount in cash. Then pay for the watch by instalments. It is interest free and inflation works in your favour. I always do this.

The points wise and rebate etc.... well that's one trade off against inflation. Furthermore I will rather keep the cash liquidity for my business.

well......I am just not rich enough.

[Saggice]

anybody tried to pay using installments?

sounds like a good deal if pay using some dividends card.

[kc76]

anybody tried to pay using installments?

sounds like a good deal if pay using some dividends card.

No points for interest free instalments

[honam24]

Sorry, might be out of point of here but was curious whether the installment with no interest applies to all watches in THG? Planning of getting a Hubolt

[gohaj]

Sorry, might be out of point of here but was curious whether the installment with no interest applies to all watches in THG? Planning of getting a Hubolt

So far, the answer I got is yes, however, lesser discount if paying via instalment