Latest news on car financing in Singapore
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 …
It Just Got Harder To Own A Car In Singapore On the 25th of February 2013, car loans in Singapore were subjected to 50% maximum loan amount for cars above $20,000 in OMV (open market value) and 60% for …
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