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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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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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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