Redmi Note 12 Pro 6Gb + 128Gb

[meripc.in]

Purchased on 25/07/2023 from Croma RDC Ghaziabad
Selling because the person who gave this to me needed money so he purchased it on EMI , and he will sell this and get money

new one will cost 23,999 on Outlets

i have also attached the invoice you can see date & time on the invoice

 

[enthusiast29]

@puns @logistopath Is this even allowed? Selling devices which were purchased on EMI for the sole purpose to just resell it. Also isn't this risky for the second buyer? What if EMI is cancelled by the original owner after the sale?

 

[meripc.in]

@puns @logistopath Is this even allowed? Selling devices which were purchased on EMI for the sole purpose to just resell it. Also isn't this risky for the second buyer? What if EMI is cancelled by the original owner after the sale?

don’t worry emi will be foreclosed next month✌ and as far as im concerned its safe,cuz it has been set to auto debit from Salary Account

 

[awestorr]

@puns @logistopath Is this even alloed? Selling devices which were purchased on EMI for the sole purpose to just resell it. Also isn't this risky for the second buyer? What if EMI is cancelled by the original owner after the sale?

Just curious what happens to the phone or second buyer if emi isnt paid?

 

[meripc.in]

Just curious what happens to the phone or second buyer if emi isnt paid?

nothing just the bank will hit the cibil score so hard, that will become a pain in the a*s of the original buyer

 

[enthusiast29]

Just curious what happens to the phone or second buyer if emi isnt paid?

Some devices when purchased on EMI have a device admin application installed by the financer. This application will lock you out of the device if EMI is not paid.
All financers probably don't use it but some do.

 

[meripc.in]

Some devices when purchases on EMI have a device admin application installed by the financer. This application will lock you out of the device if EMI is not paid.
All financers probably don't use it but some do.

the device was sealed pack and yes im pretty sure that’s not in this case✌ and also if they first buyer or original buyer wont pay , bank will destroy his cibil score

Some devices when purchased on EMI have a device admin application installed by the financer. This application will lock you out of the device if EMI is not paid.
All financers probably don't use it but some do.

and yes this thing is true but in case of iPhones or costly phones only!

i have purchased a iPhone 14pro max , croma ipro guy entered his password to activate the device when i asked he said this admin app will be automatically uninstalled after the emi repayments that is of 6months only

 

[RedCardRef]

Some devices when purchased on EMI have a device admin application installed by the financer. This application will lock you out of the device if EMI is not paid.
All financers probably don't use it but some do.

I heard recently that Bajaj is notorious for this!

Not trying to ruin your thread but this is something a potential buyer might want to consider.

Phone bought off olx locked after original owner did not pay the EMI

When it comes to Bajaj finance, usually the brunt is on the person who bought the device. For ex. I can order a device for someones behalf, even enter their address or whatever. They will get the product, but the EMI will be deducted from my bank account. Of course the pain starts when you miss...

techenclave.com

 

[meripc.in]

I heard recently that Bajaj is notorious for this!

Not trying to ruin your thread but this is something a potential buyer might want to consider.

Phone bought off olx locked after original owner did not pay the EMI

When it comes to Bajaj finance, usually the brunt is on the person who bought the device. For ex. I can order a device for someones behalf, even enter their address or whatever. They will get the product, but the EMI will be deducted from my bank account. Of course the pain starts when you miss...

techenclave.com

i think you missed the last part of the thread , have attached the screenshot ✌

 

[n1r0]

22380 on Amazon right now + card discount.

@mods shouldn't this thread be in Dealer's Paradise since OP is a reseller?