Last weekend we visited biggest car market in Ulaanbaatar city Da Khuree, namely known for by Technical Market. The place was filled with Toyota Prius. Dealers were calling to see their cars perfectly washed and shiny.
Buying a car with cash has become a rare occasion
Compared to several years ago, the place was not crowded as much with potential buyers. May be due to the online car selling has increased and the purchase of cars has been dominantly done between individuals.
But the attention went straight to how the dealers are treating their potential buyers. It has completely changed to when those would suspiciously look at you and shoo away when one approached to ask the prices back in 2009. The situation changed completely and one would be filled with desire to buy a car right away.
One could notice how much those are willing to sell their stock. Cars of most interest were Prius, while more financially capable ones were looking for the later models of the car like Prius 20 or Prius 30.
Nonetheless the cheaper cars like Prius 10 or Probox were selling good according to the dealers on the market. Some would drop the line like "If paid in cash, we can negotiate the price".
Buying a car with cash has become a rare occasion as many are interested in taking a lease through the commercial banks. Dealers admitted that no substancial difference in payment is evident.
For instance, one buys car worth MNT 10 million and if paid with bank leasing only MNT 100,000 will be added to the price tag, if the payment is done with cash the price remains the saiЖишээ нь та 10 сая төгрөгийн үнэтэй машин сонирхож түүнийгээ банкны нэг хувийн “Зээл олгох үйлчилгээний шимтгэлтэй” лизингээр авах бол наймаачны санал болгож байгаа үнэ дээр 100,000 төгрөг нэмж төлөх жишээтэй. Хэрвээ бэлэн бол тэр 100,000 төгрөгийг нэмэхгүй аж.
While if the buyer is willing to pay all in cash some MNT 100,000-500,000 can be negotiable. Below are the models of the cars that are of most interest among the buyers.
Last weekend we visited biggest car market in Ulaanbaatar city Da Khuree, namely known for by Technical Market. The place was filled with Toyota Prius. Dealers were calling to see their cars perfectly washed and shiny.
Buying a car with cash has become a rare occasion
Compared to several years ago, the place was not crowded as much with potential buyers. May be due to the online car selling has increased and the purchase of cars has been dominantly done between individuals.
But the attention went straight to how the dealers are treating their potential buyers. It has completely changed to when those would suspiciously look at you and shoo away when one approached to ask the prices back in 2009. The situation changed completely and one would be filled with desire to buy a car right away.
One could notice how much those are willing to sell their stock. Cars of most interest were Prius, while more financially capable ones were looking for the later models of the car like Prius 20 or Prius 30.
Nonetheless the cheaper cars like Prius 10 or Probox were selling good according to the dealers on the market. Some would drop the line like "If paid in cash, we can negotiate the price".
Buying a car with cash has become a rare occasion as many are interested in taking a lease through the commercial banks. Dealers admitted that no substancial difference in payment is evident.
For instance, one buys car worth MNT 10 million and if paid with bank leasing only MNT 100,000 will be added to the price tag, if the payment is done with cash the price remains the saiЖишээ нь та 10 сая төгрөгийн үнэтэй машин сонирхож түүнийгээ банкны нэг хувийн “Зээл олгох үйлчилгээний шимтгэлтэй” лизингээр авах бол наймаачны санал болгож байгаа үнэ дээр 100,000 төгрөг нэмж төлөх жишээтэй. Хэрвээ бэлэн бол тэр 100,000 төгрөгийг нэмэхгүй аж.
While if the buyer is willing to pay all in cash some MNT 100,000-500,000 can be negotiable. Below are the models of the cars that are of most interest among the buyers.