Lake View Credit - Your trusted brand for new and pre-owned cars

We have heard and are probably aware of the potential nightmares of purchasing a suspiciously cheap new or used car, which in many cases, turns out to be problematic. Some of us unlucky ones - such as the chap who sits next to me at work - might have already experienced this first hand.

If you have, please don't strike out new parallel-imported or used car ownership just yet. While a handful of car dealers are simply out to make a quick buck, even if it means screwing some sad sod over, there are many in the market who are honest and deserving of a second chance. The long-established Lake View Credit Pte Ltd is one of them, with strong foundations and an experienced sales team.

A trusted brand for new and used cars

Founded 25 years ago in 1992 by Mr. Tan, Lake View Credit is a pioneer in the vehicle sales and financing business. Honest business practices, strong financial statements and business diversity are some of the reasons that have propelled them into the top spot in the SME 500 rankings since 2009.

In 2009, Lake View was also one of the first few car-trading companies in Singapore to receive the much-coveted CaseTrust accreditation, which is given only to businesses that possess the foundations of good sales practices and standards.

To further enhance customer confidence, Lake View has in place an NTUC Insurance bond of $50,000, which covers non-performance of transactions.

Lake View is a complete one-stop car trading shop providing speedy, fuss-free transactions for the sale of new parallel imported cars, used cars, Certificate of Entitlement renewal loans, car loan financing and auto insurance. The company currently has three outlets at Automobile Megamart, with a total average of 70 to 80 certified used cars available for sale at any point of time. Its inventory of used cars undergoes very stringent checks before they are taken in and resold.

From wear and tear replacement to paintwork restoration, Lake View ensures that its used cars are in tip-top condition before customers take ownership. If a car arrives in really bad shape, Lake View reserves the right to reject the purchase. Its staff has been strictly warned against dishonest deals. After all, it's not worth risking years of good reputation over the profit from a few cars.
If you're in the market for a brand new car, Lake View also has a number of popular parallel-imported models such as the Honda Vezel and the Toyota C-HR, for your consideration. Its new car package includes three years or 100,000km (whichever comes first) Hitachi Capital Asia Pacific Pte Ltd warranty co-managed by Sime Darby Quick Lane workshops, guaranteed COE bidding and delivery, as well as flexible in-house loans available at very competitive interest rates.

Because of the company's financial specialisation, it's able to offer loan rates as low as banks, with easier application processes and quicker approvals. Its loan services apply to both its new and used cars.

In the past, banks didn't provide loans for private-hire cars. It was also hard for businesses under a year old or customers with bad income histories and weak income proofs to get their auto loans approved. Thanks to Lake View, who viewed these customer profiles as whole, and with better foresight, many were able to get loans not just quickly, but also at very reasonable interest rates.

At the same time, the company also specialises in insurance coverage, being an authorised agent for insurance companies such as NTUC, China Taiping and AXA.

The choice of Lake View as the preferred car dealer is unquestioned, and this has resulted in Lake View getting a yearly turn-over in excess of $40 million since year 2000, making them consistently ranked as the top 500 SME in Singapore, and also a winner of sgCarMart.com's Premium Dealer award for six years running since 2012. Managing Director Mr. Tan, who is also the Chairman of Automobile Megamart Ltd says, "Lake View has been converting customers to friends with our transparency and professionalism. You know how to treat friends well. We do better."

Your next car is one step away

Thinking of purchasing a used car, a new parallel-imported one or simply want to sell away your current ride? Pay Lake View a visit and you won't be disappointed by its products and services.

Lake View can be found at 61 Ubi Ave 2 #03-08/09 and #05-10 Automobile Megamart Singapore (408898) from 10:00am to 7:00pm daily. You can contact its staff at 6745 9995 before heading down, or dropping them an email at [email protected].