Latest news on car financing in Singapore
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 …
Extended Car Loan Repayment Period for COE Car Loans Read more »
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 …
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 …
There are several reasons I can think of that are causing people to relook the possibility of leasing instead of owning a car. But if you have been reading the posts on this site, you’ll find that we have questioned …
There are signs there that the car loan rates are headed higher. Since almost all lenders have reduced their rates from between 2.80% and 2.88% to coincide with each other at 2.28% since some six months ago for used cars, …
Business Times front page article seemed too quick to reach the conclusion that car leasing is now mainstream. The paper seemed to come to this conclusion after hearing from Opel distributor Auto Germany that a grand total of …
Find Out How Much Your Monthly Repayments Will Be You ever wanted to find out how much the car will cost after factoring in all the complications that come with purchasing are car? Well, if you have ever sat …
Is the COE affected by the Financial Restrictions? That question begs an answer, really. I cannot see how the COE is different from before the restrictions were put in place. For those still wondering what this is about, …
Car Financing for Handicapped Eased The recent announced measures by the government to ease the restrictions put in place to cap car ownership demand has come as good news for those caregivers for handicapped persons. It’s a sigh of …
Car Loan Restrictions Lifted for the Handicapped Read more »
Dealers Registered Cars Selling Quick! Gone with the wind – the used car stocks registered with dealers before the loan restrictions were put in place, sell out quick as hotcakes as the Monetary Authority decided to allow these (which …
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