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Damnit, who burnt my Lambo?

Papsmearer

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Black Lamborghini catches fire along Holland Road
By Sharon See | Posted: 07 May 2010 2102 hrs


Photos 1 of 2






SINGAPORE : A black Lamborghini caught fire on Friday afternoon along Holland Road.

The Singapore Civil Defence Force received a call at around 2.15pm about a black Lamborghini whose engine was on fire.

However, when firefighters arrived, the fire was already put out by passers-by, who had used dry powder extinguishers.

No one was injured.
 
All the Lambos and Ferraris very easy to catch fire, better call them Ronsons.
 
another burning at cte at 5am this morning.
 
Only LAU LUNs drive such cars in Singapore.

Many such LAU LUNs are suffering because of the bad economy.

And burning one's own car, is a FACE SAVING measure to get out of the hire purchase agreement which should run into minimum $10K per month; thereabouts.

Also, many that can ill afford to own Jap and Korean cars are also doing the same.

That is why suddenly, there are more and more burning cars in Singapore.

Before, it's easier to see that our newspapers report TOTO winners every week without fail despite the high odds than to see a burning car every week.

Either S'poreans are the luckiest people on EARTH that can strike TOTO every week or the whole thing is kelong with phanthom winners; as no winning tickets are published for people to see; like they used to do so.

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Only LAU LUNs drive such cars in Singapore.

Many such LAU LUNs are suffering because of the bad economy.

And burning one's own car, is a FACE SAVING measure to get out of the hire purchase agreement which should run into minimum $10K per month; thereabouts.

Also, many that can ill afford to own Jap and Korean cars are also doing the same.

That is why suddenly, there are more and more burning cars in Singapore.

Before, it's easier to see that our newspapers report TOTO winners every week without fail despite the high odds than to see a burning car every week.

Either S'poreans are the luckiest people on EARTH that can strike TOTO every week or the whole thing is kelong with phanthom winners; as no winning tickets are published for people to see; like they used to do so.

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Most Lambo owners I know, don't take instalment schemes, they buy such cars based on how much profits they make for the year, if say, this year make $2 million plus, then just go book the Lambo, same when they pay $35k for their Vertu phones.
 
Most Lambo owners I know, don't take instalment schemes, they buy such cars based on how much profits they make for the year, if say, this year make $2 million plus, then just go book the Lambo, same when they pay $35k for their Vertu phones.


You are wrong. Most of such car owners are mortgaged to the hilt. Even if they make a few million, they will put a down payment and roll the rest of the money

Of course there will be some super rich that pay in full; especially money that comes easily from crime in another country.


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You are wrong. Most of such car owners are mortgaged to the hilt. Even if they make a few million, they will put a down payment and roll the rest of the money

Of course there will be some super rich that pay in full; especially money that comes easily from crime in another country.


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Those I know already have more than enough money to roll, they just have so much excess. Those who appear rich but still need money to roll are just wannabes.
 
Those I know already have more than enough money to roll, they just have so much excess. Those who appear rich but still need money to roll are just wannabes.

79% of "rich" in Singapore are ALL WANNEBEs. The rest of the 20% all have FT bloodline lah.

Only 1% true Singaporeans are rich like the UOB Wees.

Most businessmen will not pay in full unless its for the purpose of tax deductions. But i dont see how in a private car.

Dont listen too much to rumours. if people asked me how I pay for my ROLLs, I also tell them I pay cash. Wah say.
;)

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79% of "rich" in Singapore are ALL WANNEBEs. The rest of the 20% all have FT bloodline lah.

Only 1% true Singaporeans are rich like the UOB Wees.

Most businessmen will not pay in full unless its for the purpose of tax deductions. But i dont see how in a private car.

Dont listen too much to rumours. if people asked me how I pay for my ROLLs, I also tell them I pay cash. Wah say.
;)

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Dude what rumours? I know these ppl since primary school, one is my immediate neighbour, they come from family lines whose money is built over 2 to 3 generations, go think of some of the biggest names in SG. True that these types only abt 1% in SG. I also wannabe that is why I know the diff.
 
Dude what rumours? I know these ppl since primary school, one is my immediate neighbour, they come from family lines whose money is built over 2 to 3 generations, go think of some of the biggest names in SG. True that these types only abt 1% in SG. I also wannabe that is why I know the diff.


Those kind i believe lah...so they fall in the 1% bracket.

1% of 2.5m REAL Singaporeans equals to around 2000 plus such people. Maybe i over estimated. There are only about 100 such REAL Singaporeans with net worth of 3 digit millions.

I not in that bracket BUT certain things I also pay in CASH and in full when I buy.

Like my Solid Gold vacheron constantine watches worth about 200K. No big deal lah. At least with watches, its not a FULL liability like a car.


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I know some millionaires & they don't buy fancy cars. They don't feel a need to show off their wealth.

People who buy these flashy cars are probably insecure or young & want show off their fathers wealth. :)
 
I know some millionaires & they don't buy fancy cars. They don't feel a need to show off their wealth.

People who buy these flashy cars are probably insecure or young & want show off their fathers wealth. :)

Of course millionaires don't buy these flashy cars, they can't afford it, multi-millionaires with net worth of $8 million and up and billionaires then can buy.

These days even HDB and mass market 99 LH condo owners in the heartlands are near millionaires, or millionaires these days.
 
Excellent Analysis Ali-baba Singapore Thief!

It's a face saving and money saving measure by the Lamborghini and Ferrari owners...

my contributions;

These cars are really an expensive toy (liability) It doesn't really have a any good ROI, except that with these cars, you get to attract many pretty babes.

If the pretty babes only sarong party with you for a couple of weeks, then it's fine, but when you end up having many ministresses due to your expensive toy, then you're really looking for more liabilities in your life... haha.

Hey Ali-baba Singapore Thief, any more interesting inside news?
 
Of course millionaires don't buy these flashy cars, they can't afford it, multi-millionaires with net worth of $8 million and up and billionaires then can buy.

These days even HDB and mass market 99 LH condo owners in the heartlands are near millionaires, or millionaires these days.
Based on the technical definition, the net assets of a person does not include the value of his place of accomodation.
The value of a property would only be counted if it is an investment property.
 
I can't explain it, but I didn't feel any regret or sympathy after seeing the pictures of the luxury flashy cars going up in flames.
Anyone feels the same way?
 
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