buy used cars
- Thailand News
Buckle up: Thai auto shifts gears for loan market acceler-ace-tion
Hold onto your seat belts, folks, because CIMB Thai Auto is gearing up for a high-octane comeback in the used car loan market. The subsidiary of CIMB Thai Bank (CIMBT), known for its expertise in financing pre-loved motors, has its eyes set on a market turnaround next year, fuelled by a gradual economic recovery and cooling interest rates. Upbeat Managing…
- Business News
Used car market in a jam as electric vehicles spark trouble
The used car market is in dire straits, with a shocking downturn blamed on the economic slump, soaring non-performing loans (NPLs), and the growing allure of electric vehicles (EVs), warns Tris Rating. In a jaw-dropping revelation, used car hire-purchase firms have reported a staggering 93% plunge in profits year-on-year for the first half of 2024. Motorcycle hire-purchase companies haven’t fared…
- Automotive
7 types of used cars that you shouldn’t buy for use in Thailand
When buying a used car, it’s important to make smart choices to avoid costly mistakes. While it can be tempting to find a great deal, some cars are best avoided due to reliability, high maintenance costs, and safety issues. In this guide, we’ll share seven types of used cars you should skip, helping you make a wise decision and ensuring…
- Business News
Second-hand tsunami: Used car flood drives Thai sellers to despair
A torrent of high-quality used cars flooding the market might sound like a bargain hunter’s dream but it’s turning into a nightmare for sellers. While buyers drive off with the deals, automakers in Thailand are hitting potholes trying to move new stock, and used car dealers are struggling to keep sales engines running. The second-hand car market skidded to a…
- Automotive
Where to buy used cars in Bangkok
Looking for second-hand cars in Bangkok, but don’t know where to buy one? You’re not alone! The bustling city is packed with used car dealers, but trying to figure out the reliable ones can be a little overwhelming. To help you out, we’ve rounded up the top five dealerships where you can buy a used car with confidence. These dealerships…
