Category: Loan News

Latest news on car financing in Singapore

Best Car for COE Renewal

Is there such a thing as best car for COE renewal? Here’s another tip for you when considering renewal – one that you may not have considered or known about! The situation is different for each individual person so I’m

Posted in Car Owner's Notes, Loan News

Half Month PQP?

Confused? We were too, until we found out why! Back story to this starts from the COE fall for Cat A for the first bid of September 2017 to only $36,001 – a seven year low, at levels last seen

Posted in Car Owner's Notes, Loan News

Saving on PQP: “Smart Is Good, Don’t Add Smart”

Interesting concept popped up when from a chat with a customer keen to renew his car’s COE – he confidently claimed that he can still renew his car next month, even though the expiry was this month. That’s true actually

Posted in Car Owner's Notes, Loan News

Don’t Look At Curret COE For COE Renewal

“Wow, good, the COE just went down by a lot and is now only $44,002! I want to renew my COE now at this price!”, or so some may think. The answer is a yes it will affect your renewal

Posted in Car Owner's Notes, Loan News

Approved Loans for Civil Servants

“Is the COE car loan that you provide OK for civil servants“? This post is up here because we get asked very often. We understand that there are many restrictions that one has to abide with when working for the

Posted in Car Owner's Notes, Loan News

To Apply for 5 Year or 10 Year Renewal?

You would like to keep your car on the road, but do you apply for a 5 year or 10 year COE renewal? Does the interest rate on available loans affect your decision? Some other factors are even more important

Posted in Car Owner's Notes, Loan News

Saving On COE Renewal PQP

The statistics out there is telling us that at this point and in the past ten to twelve months, there have been a record number of cars being renewed or revalidated. Reasons for this are varied and mostly perhaps linked

Posted in Car Owner's Notes, Loan News

Extended Car Loan Repayment Period for COE Car Loans

This is the way to drive on the smallest possible amount by yearly depreciation! Considering that, for most everyday drivers, the car is used to get from point to point without having to squeeze with crowds on public transport and

Posted in Car Owner's Notes, Loan News

Easing of Car Loan Restrictions May 2016

LTV (Loan to Value) Increased by MAS The restrictions on amount that may be borrowed (LTV) for car loans has been raised since end of May 2016. In each category, below and above the $20,000 value in OMV, the LTV

Posted in Loan News

COE Renewal A Dilema For Many

When it comes to spending a large sum of money on an item which has a fluctuating price, most people get all tense about the right moment and add to that the emotional attachment some have with their cars, it

Posted in Car Owner's Notes, Loan News
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