Advisory : Pre-own Shop & Instalment Plan

[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.

[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

[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.

[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.

[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! ;-)

[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]

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

[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.

[triton]

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

[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.