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Rule change allowed car buyers to access bigger loans

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Mercedes-Benz GLB-Class Mild Hybrid Price Graph
 Mercedes-Benz GLB-Class Mild Hybrid Price History
  Distributor Main Showroom
  Pricelist 05-Jul Pricelist
  » View all Mercedes-Benz cars

Date Updated 05-Jul-2024

Submodel Pricing Information
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GLB180 Progressive (A)
View Loan Breakdown
  Current price
$264,888 spacer
Depreciation $24,000 /yr
Down Payment $105,955 (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.

$2,287 /mth
  COE quota premium $91,001 (Category A COE)
Road tax $778 /yr
OMV $40,765
ARF $49,454
VES $0
Total basic cost $193,020
Premium 37%
  Previous recorded price $264,888
  Highest recorded price $265,888 (past 6 mths)
  Lowest recorded price $245,888 (past 6 mths)
  » View full price history  
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 Date Updated 05-Jul-2024
New Car Dealer Details
  • Cycle & Carriage Industries Showrooms

    Main Showroom
    301 Alexandra Road S(159968)
    Tel: 62981818
    Fax: 68661800

Terms & conditions

1) Above package price are valid for vehicles ex-stock and selected stocks and subject to 6 rounds of COE bidding. Packages prices quoted are inclusive of COE for Category A or B, subjected to COE successfully bidded in registered owner's name. COE rebate is not applicable for packages utilising Open Cat COE.
2) For any indent orders ie, cars not in stock or ordered with optional equipment OR if a customer decides to bid for their own COE, the vehicle is then sold without COE at the price of (Package Price less off COE charged/rebate level).
3) The below standard deposit amount are to be collected at the point of booking:
I. COE Deposit: $10,000
II. Vehicle deposit: A,B & C-Class $10,900. All other non-AMG $18,888. Maybach & AMG $50,000. Indent orders - 10% of vehicle price.
4) Maximum amount payable by credit card is $10,900 in a single transaction of the purchased vehicle.
5) If there are additional options on the vehicle, the full price of the options must be collected on top of the standard deposit amount.
6) Vehicle Package Price are inclusive of ARF.
7) All vehicles are covered with a 3-year Exclusive Warranty* or 100,000km whichever is earlier by Cycle & Carriage from date of registration. Prices quoted are inclusive of 1-year road tax, registration fee, number plates and 9% GST but without insurance. HV Battery for EQA, EQB, EQV - 8 years / 160,000km whichever comes first. HV Battery for EQE, EQS, - 10 years / 250,000km whichever comes first.
8) Prices quoted are subject to change without prior notice. Only prices ruling as at date of registration will apply. Terms and conditions apply.
9) Promotional offers are only valid for ex-stock or selected stocks for a limited period, whilst stocks last.
10) Category A COE Charged/Rebate Level: $75,000/- subject to change without prior notice.
11) Category B COE Charged/Rebate Level: $80,000/- subject to change without prior notice.
12) COE Charged/Rebate Levels will vary accordingly for cars on promotion / special launch.
13) For cars indented with optional equipment, final delivery is only after LTA type approval.
14) Change of colour or model requests are subject to Conditions of Sale and stock availability.
15) Cycle & Carriage reserves the right to change or amend any of the terms & conditions without prior notice.
Please contact a Mercedes-Benz dealer for complete information.