The insane car prices here mean a loan might be the only way for some to afford a car, but it can also be a way to financial ruin if you are reckless.
From being able to get behind the wheel of your dream car as soon as possible to enjoying a worry-free motoring experience, we look at the benefits it can bring you!
Looking to sell your current car or swap it for something else? sgCarMart has a handy guide on all you might need to know about the 'Rule of 78'!
You may have heard about the term from someone else or through those many advertisers in car forums. This is how it works.