Hong Leong Finance is releasing loans for electric vehicles with the lowest interest rate in Singapore, at 1.5% for seven years.
Despite easing of loan curbs by the Monetary Authority of Singapore, car buyers remain cautious amid concern over how move will affect premiums.
The Monetary Authority of Singapore has eased restrictions on motor vehicle loans, increasing the maximum loan amount and loan tenure.
What are some of the factors you should consider before taking on a car loan? We look at some important pointers that you should take note of.
Citibank has allowed pre-qualification of customers for car loans and this could possibly cause a shake-up in the local motor vehicle financing model.
Principle amount for motor vehicle loans reached a 10-year high last year according to a study by Credit Bureau Singapore.
Let's find out how the new financing restrictions set out by the MAS may affect Certificate of Entitlement (COE) prices.
The Monetary Authority of Singapore (MAS) will place a cap on motor vehicle loans from tomorrow, 26th February 2013, Tuesday.