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Second hand car dealers who ripped off 52 people arrested after 5 years on the run

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Second hand car dealers who ripped off 52 people arrested after 5 years on the run

 

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Image: Daily News

 

Police in Chiang Mai announced they had finally arrested a married couple involved in swindling 52 people.

 

Anucha "Teng" Dorkmaingam, 55, and his wife Warawee or Suthicha Suphan, 39, were arrested at a Chiang Mai restaurant. 

 

They had been on the run for five years after they ripped off people in a scam connected to the selling of second hand cars at their "S. Suthicha" dealership in Tha Phor sub-district of the northern Thai city. 

 

They blamed the economy and - appropriately enough - being unable to keep up with their instalments. 

 

Source: Daily News

 

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-- © Copyright Thai Visa News 2019-07-17

 

 

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Surprised there is any room left for doggy car dealers in the online fake world here seize that wok hob and fridge as payment🤔

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27 minutes ago, PatOngo said:

Time to trade in your amulet, it doesn't work!

Make sure you only buy from a reputable amulet dealer, avoid the scammers.

The new ones with rechargeable AA batteries are the best buy.

Still under under development is a solar-powered version, although not recommended for drink-driving at night.

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It's Thailand, expect it!  

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Second hand car dealers who ripped off 52 people arrested after 5 years on the run.

 

Thats not even 1 victim per month. I would sack them if I was the boss 😎

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Unless you know the one Old Lady owner from new you should NEVER buy a second hand car in Thailand !

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Just now, trainman34014 said:

Unless you know the one Old Lady owner from new you should NEVER buy a second hand car in Thailand !

I'm just not old enough to have known the old lady owner from new. I bet she was twenty when I was born.

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He did not run very far,still in Chiang Mai,where he ripped people off,

maybe one came into his restaurant,and that's how the police were 

able to find him.

regards worgeordie

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43 minutes ago, marko kok prong said:

Generally i have found the price of 2nd hand cars here very high,better to spend a few hundred thousand more if you can and get a new one.

You are correct. Thailand's second hand vehicle market is odd. My theory is that second-hand prices are kept high by :-

 

1. the fact that so many people here buy vehicles they can barely afford when one looks at all costs versus their income. 

2. the fact that the Tor Ror Or (vehicle inspection) is a joke so old bangers can be kept on the road forever.

3. the fact that repair costs, particularly labour, are low meaning vehicles can be kept running and repaired without breaking the bank.

 

It is strange though. 

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48 minutes ago, Briggsy said:

You are correct. Thailand's second hand vehicle market is odd. My theory is that second-hand prices are kept high by :-

 

1. the fact that so many people here buy vehicles they can barely afford when one looks at all costs versus their income. 

2. the fact that the Tor Ror Or (vehicle inspection) is a joke so old bangers can be kept on the road forever.

3. the fact that repair costs, particularly labour, are low meaning vehicles can be kept running and repaired without breaking the bank.

 

It is strange though. 

in my opinion, it's Western car markets that are strange, where car loses 25% value just by rolling out of the cardealer's .

 

Westerners, particularly Europeans, get ripped off on car repairs and spare parts.

I wouldn't count a car as durable good in Europe, nowadays it's more of a consumer good.

 

 

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36 minutes ago, manarak said:

where car loses 25% value just by rolling out of the cardealer's .

This also happens in Thailand. It is what happens after that that I find strange. The glide curve is much shallower and may plateau at around 25% (this figure varies by model) of the original purchase price. In the West, a 10-year old model that runs fine is virtually given away.

 

Certainly, in the West, labour costs and original parts make vehicle maintenance costs high.

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Eight to ten years ago you couldn't just walk into a dealership and buy a car. It had be be ordered and there were long waits. That's what kept the cost of used cars high. It could also be because financing is different (I don't know). When we bought a new Foretuner 5+ years it was different. We basically told the salesgirl we'll buy if we can get it in three days. We even asked for the promotion that had just expired and got it. The car was the top model so included everything. Very smooth transaction. I now see they have cars on the back lot so I think second hand car prices should be less.

In 2001 we bought a certified car from Volvo with full warranty. It was a 3 year lease return and was perfect. My wife felt the new models were too big and preferred the older model. The car originally sold for $40,000+ and we bought it for $25,000. My son still drives it. It still look new.

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