More gloom for used-car dealers + Eurokars

[CityFarmer]

Many of them made piles in last few years, now pay back a bit only.

I concur with you. I visited some dealers in Turf City not long before govt announced the various curbs, the attitude of the salesmen were really... lets just say unpleasant this goes to show that they must have made piles for a long time already...

Used-car boom came after COE price rocketed. Let's take the timing when COE reached above 40K around end 2010, it is only slightly more than 2 years of good time.

Anyway, i agree on the attitude of used-car salesmen, like we are begging them to sale...