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Actually singapore bike market is very small and easy to corner

So if you set up this flip plata tactics by cornering the few 2nd hand bike forum in singapore

Guard them tight tight by quickly viewing and buying up these 2nd hand bike

It is very easy to almost exclusively monopolise and corner the 2nd bike market,

Turning 2nd hand genuine buyer into 3rd Hand buyer.

 

Not surprise this is done by bike shop /syndicate.

Edited by Nighthawk_250
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Honda ..................and nothing else

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imjustin made a very good point also

 

If you all think is 'OK' to let these small time traders profiteer coz willing buyer willing seller what?

 

Then think about this, what about the simple uncle who just needs a bike to earn a basic living, he also cannot buy anymore (not because of COE high, that one is another problem) but because of all the actions of the prata flippers, this will raise the average price for old second hand bike to a new higher level.

 

Just because of these few greedy small time traders who selfishly only buy to sell to make a quick profit and don’t care about those less fortunate who have to work hard just to survive.

 

Your theory is as good as asking businessmen not to make profit/ or to make a loss/ or even give away their merchandises so that the poor/ less fortunate may get what they need. That is Utopia and I love to see it happen in my lifetime (no sarcarsm intended) and I admired you for being so idealistic. Just like when I was in my younger days and hope that some day I may open a farm and adopt all the stray dogs and give them a better life.

 

Maybe you will say, "if everyone do something, we might see a change"

 

or maybe even quote JFK "The only thing necessary for the triumph of evil is that good men do nothing."

 

That again is not my point here.

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Actually singapore bike market is very small and easy to corner

So if you set up this flip plata tactics by cornering the few 2nd hand bike forum in singapore

Guard them tight tight by quickly viewing and buying up these 2nd hand bike

It is very easy to almost exclusively monopolise and corner the 2nd bike market,

Turning 2nd hand genuine buyer into 3rd Hand buyer.

 

Not surprise this is done by bike shop /syndicate.

 

I agree totally. But this is as legitimate and morally correct for any body to do. The seller needs someone to buy his bike. This guy comes along and realised that he could gain profit by flipping it. Seller could be doing a fire sale (moving out of country or watever reasons need cash urgently), this guy can provide.

 

So there's nothing immoral or illegal about this.

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I think the issue isn't buying and profiting but what the sales pitch us. Buyers like me want to talk to sellers n know their upkeep n maintenance schedule, history, etc. surely these type of sellers won't say they just got the bike to flip.

 

I think someone should feedback to lta that this is a means to a loophole that avoids the lemon act. Say if I am a dealer n I got a terrible bike, I just need to unload to a friend who will unload as a private seller without strings attached.

 

 

A way to prevent this is to have a fixed amount of bike a person can register and change hand a year (eg three) or be classified as a dealer or a timeframe in which the bike should be kept. Some country do that.

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dun wan to comment too much on the alleged seller, but up for awareness especially for TS please. if such ppl is a small time trader, such ppl had been trading for a long long time.

operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

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Funny how ppl are shooting down a genuine expose, at least his points are very valid to me. (who goes to the extent to create so many identities if u dont intend to cheat)

 

Assuming TS had given accurate facts, this guy sells touched-up lemon bikes, not simply flipping fire sale. Though both want to maximize the sale of their bikes, Im sure the intention of both type of sellers are obviously different. (There are sellers who are dishonest, but they dont cheat all the time)

 

Like some have pointed out, one cheats, rest will assume it's okay to do it. We surely can single out ppl like this to minimize this mentality.

 

 

 

 

 

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Your theory is as good as asking businessmen not to make profit/ or to make a loss/ or even give away their merchandises so that the poor/ less fortunate may get what they need. That is Utopia and I love to see it happen in my lifetime (no sarcarsm intended) and I admired you for being so idealistic. Just like when I was in my younger days and hope that some day I may open a farm and adopt all the stray dogs and give them a better life.

 

Maybe you will say, "if everyone do something, we might see a change"

 

or maybe even quote JFK "The only thing necessary for the triumph of evil is that good men do nothing."

 

That again is not my point here.

 

Sorry for bringing this a little off topic..

 

But I defend and stand by my idealistic thinking of a perfect world. Maybe not a perfect world, but a perfect country that is our nation. Okay, still too idealistic, perhaps a perfect riding community that is us.

Yes, with capitalism and natural forces of economics, it's a dog-eat-dog world, money is king and it's the survival of the fittest. But that doesn't mean we have to succumb to that mentality and focus on making ourselves better off, at the expense of making someone else worse off.

 

With regards to the original topic:

Just because there's nothing 'legally wrong', doesn't mean we should do it.

Imagine if every shop (not just motorbike shops) out there does unethical things (but still legal). Everyone will be worse off. I'm saying this from a point-of-view of someone who works in retail and sales, and every day I make decisions that circle around ethics. Once again, just because it's not illegal and you won't get caught, doesn't make it right. Let us practice our own good judgement as sellers or in whatever you do, in the pursuit of our own self-interests, to ensure that in that pursuit to take 3 steps forwards, no one else takes 3 steps back in that process.

 

That's what I mean by morality, compassion and humanity. We are a first world nation? In numbers and figures, dollars and cents and material wealth, definitely yes.

But our people? Sorry, our society has a long way to go to be anywhere near 'first-world'. Look at the way people screw each other and everyone else just for themselves. Not just this flip-prata issue, but you see it everywhere else in Singapore. So-called 'third world' nations have people who are more hospitable, less arrogant, less self-entitled and do not see everything in money and cents. They watch each other's backs (the same way many of us here are watching out for each other, and I'm happy to see that.)

 

Yes, good exists. And you're right: "The only thing necessary for the triumph of evil is that good men do nothing."

Perhaps my words will not be seen or heard by anyone. This post alone or my idealistic thinking will NOT change the world.

"I, as one person, may not make a difference, but if I can make a difference for one person, that is good enough for me."

I'm saying my 2 cents, and I hope by doing this, someone out there sees it the same way too.

 

Once again, I apologize for my idealistic thinking and being a bit off topic. Maybe it's because I'm still young, and ignorant to how the world works. :X

But God forbid I shut my mouth and keep my opinions to myself, because that is how we ended up with so many problems: people being afraid to voice their opinions.

Edited by imjustin
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Selling lemon bikes? hahaha, I thought that was part of the risk, there are bound to be sellers selling lemon bikes, unwilling to fix it but looks good on the outside.

 

Tt's why TS shared about this seller, to reduce risk of others buying from lemons. Isnt it nice when someone warn u to watch out for the hole in front of your path.

 

 

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Tt's why TS shared about this seller, to reduce risk of others buying from lemons. Isnt it nice when someone warn u to watch out for the hole in front of your path.

 

 

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But there will still be stupid bikers who fall into the hole

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Look at the way people screw each other and everyone else just for themselves. Not just this flip-prata issue, but you see it everywhere else in Singapore. So-called 'third world' nations have people who are more hospitable, less arrogant, less self-entitled and do not see everything in money and cents. They watch each other's backs (the same way many of us here are watching out for each other, and I'm happy to see that.)

 

Just want to say, totally in agreement with you Justin. While people continue to think that "it's ok to screw each other over because it's not illegal" then we will remain a third world country in terms of how we relate to each other as fellow countrymen. You'll see that having all the material wealth at the end of the day doesn't make you happy, harmony is where it's at.

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Normally I'll check their previous post. And see what they post.:thumb:

that's a good idea. usually I'll check a seller all over the net. they appear everywhere thinking they cannot be tracked. nick change doesn't mean cannot be traced.

operate a vehicle in a way that you benefit other road users pls - and meanwhile, stop whining! be responsible and be safe.

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luca I also think you missed a point. I don't think the TS is referring to the fact that this trader is making a few bucks. Yes good luck to him if he wants to take a gamble on the bike market. But the point is that he's posing as a private buyer and then selling the bike quickly to make a few bucks (up to 5K is a few bucks to you?) and for someone like that, money is the focus, not safety. I believe that safety is very important for us especially on two wheels, so someone that is driven by making a buck by turning the bike around as quickly as possible is not going to care much whether the bike is safe to ride or not. I believe that a few of us has encountered such traders where things like a leaking fork or faulty brake were covered up temporarily before a sale and because the selling price was low you also overlooked these important areas. So I also think the TS did us a good favour by reminding us there are people out there who don't have the same passion for bikes and riding brotherhood as some of us but are more interested in making a quick buck (or a few thousand bucks) possibly at the expense of your safety? :pity:

 

He is SELLING the bike at a higher price, that does not mean someone will BUY it, market price is defined by availability and demand, not offer price.

 

We are in a free world, as long as we obey the law we can do what we want.

 

Does that include buy bikes and sell for profit? I think so..

 

Is it forbidden for a dealer owner to sell a bike as a private person? Again no.

 

Is this a good business model? I doubt it but perhaps someone will bite..

 

If you don't do your homework then you may end up paying more than you should..

 

Don't expect others to do the right thing by you.. Look after your own good.

Edited by luca9277
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He is SELLING the bike at a higher price, that does not mean someone will BUY it, market price is defined by availability and demand, not offer price.

 

We are in a free world, as long as we obey the law we can do what we want.

 

Does that include buy bikes and sell for profit? I think so..

 

Is it forbidden for a dealer owner to sell a bike as a private person? Again no.

 

Is this a good business model? I doubt it but perhaps someone will bite..

 

If you don't do your homework then you may and up paying more than you should..

 

Don't expect others to do the right thing by you.. Look after your own good.

 

I agree, willing buyer, willing seller. If he sells it over what the market price is, the one that buys it is his problem. As far as safety of the bike goes, do your homework for example, certain things you can't make look nice without simply cleaning, mileage is also an indicator it might give problems etc, even then it might be problem free for the previous owner but the problem comes from when the buyer buys, that doesnt make it a lemon, if the bike was so bad it won't even move or you can literally hear it.

 

Buying bikes used or new will always be a calculated risk, if you did your homework, it will be less of a headache if **** happens.

 

And regarding he not declaring his salary to gahmen, that's his problem, personally I don't see the gahmen needing more money that they already have.

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