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Rule change allowed car buyers to access bigger loans

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Volvo V60 Mild Hybrid Price Graph
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 Volvo V60 Mild Hybrid Price History
  Distributor Wearnes Automotive (Volvo)
64731488 / 98308632
  Pricelist 22-Aug Pricelist
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  » View all Volvo cars

Date Updated 22-Aug-2024

Submodel Pricing Information
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B4 Plus (A)
View Loan Breakdown
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  Current price
$291,000 spacer
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Depreciation $27,100 /yr
Down Payment $116,400 (Maximum 60% loan)
Instalment

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.

$2,512 /mth
  COE quota premium $105,889 (Category B COE)
Road tax $1,176 /yr
OMV $34,806
ARF $40,728
VES $0
Total basic cost $191,530
Premium 52%
  Previous recorded price $291,000
  Highest recorded price $292,000 (past 6 mths)
  Lowest recorded price $285,000 (past 6 mths)
  » View full price history  
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 Date Updated 22-Aug-2024
New Car Dealer Details
  • Wearnes Automotive Showrooms

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

Terms & conditions

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