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Rule change allowed car buyers to access bigger loans

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Volvo V60 Cross Country Mild Hybrid Price Graph
 Volvo V60 Cross Country Mild Hybrid Price History
  Distributor Wearnes Automotive (Volvo)
64731488 / 98308632
  Pricelist 23-Nov Pricelist
  » View all Volvo cars

Date Updated 23-Nov-2023

Submodel Pricing Information
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B5 Plus (A)
View Loan Breakdown
  Current price
$321,000 spacer
Depreciation $30,000 /yr(estimated)
Down Payment $128,400 (Maximum 60% loan)

Normal Car Loan

Calculation for the instalment is based on a flat rate interest of 2.98% per annum, which is the car loan interest rate offered by most banks in Singapore.

$2,771 /mth
  COE quota premium $135,336 (Category B COE)
Road tax $1,176 /yr
OMV $36,228
ARF $42,719
VES $0
Total basic cost $224,790
Premium 43%
  Previous recorded price $296,000
  Highest recorded price $329,000 (past 6 mths)
  Lowest recorded price $296,000 (past 6 mths)
  » View full price history  
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 Date Updated 23-Nov-2023
New Car Dealer Details
  • Wearnes Automotive Showrooms

    Wearnes Automotive (Volvo)
    249 Alexandra Road S(159935)
    Tel: 64731488 / 98308632
    Fax: 64738232

Terms & conditions

Prices are inclusive of emission rebate (VES), COE, finance, insurance and trade-in subsidies.
Deposit of $12,000 is non-refundable (inclusive of $10,000 COE bid deposit).
Wearnes Automotive reserves the right to allocate open category COE of any amount without rebate.
Price includes 5-year factory warranty up to 160,000km* (whichever is earlier, from date of registration), 6months' road tax, registration fee, IU, number plate and GST.
Vehicle must be financed and insured through banks and insurers approved by Wearnes Automotive.
Customised orders are subject to an additional $10,000 indent fee and $30,000 deposit.
This price list supersedes all previous price lists and may be subject to change without prior notice.
Terms and conditions may be subjected to change without prior notice.
+Actual figures may vary depending on road conditions and proportion of city/highway.
Please contact a Volvo dealer for complete information.