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Posted

Covid-hit transport business giving away 9 vans for free

By The Nation

 

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An entrepreneur in Surat Thani is giving away nine vans for free after his transport business was hit hard by the Covid-19 pandemic.

 

Kiattisak Rukdee posted on Facebook that he could no longer bear the financial burden of paying installments on the Toyota vans and wanted someone to take them off his hands.

 

He explained that the vans were in good condition, having been bought in 2017, 2018 and 2019. The new owner or owners will have to pay installments of Bt24,000 per month to Toyota Leasing Thailand.

 

Kiattisak said he had paid about Bt1 million in installments over the past five years but was afraid his business would never recover if he continued making the payments.

 

Source: https://www.nationthailand.com/news/30390484

 

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-- © Copyright The Nation Thailand 2020-06-29
 
Posted
7 minutes ago, Chassa said:

Free?

Yes "normally" they look to make back some or all of the payments they have made when offering the (dubious) privilege of taking over repayments to the finance company..

You'll often see near new vehicles offered for "sale"  at low prices but further investigation reveals its still on finance.

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Posted
4 minutes ago, johng said:

Yes "normally" they look to make back some or all of the payments they have made when offering the (dubious) privilege of taking over repayments to the finance company..

You'll often see near new vehicles offered for "sale"  at low prices but further investigation reveals its still on finance.

So your saying that nice shiny 2019 Turbo Civic I saw advertised last week for Bt.85,000 was not the actual price then ?

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Posted
1 minute ago, Don Mega said:

So your saying that nice shiny 2019 Turbo Civic I saw advertised last week for Bt.85,000 was not the actual price then ?

Almost certainly the price to take over the finance...but maybe you found a real bargain ????

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