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Rule change allowed car buyers to access bigger loans

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BYD M6 Electric Price Graph
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 BYD M6 Electric Price History
  Distributor Vantage Automotive (BYD)
63768833 / 81006192
  Pricelist 24-Jan Pricelist
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  » View all BYD cars

Date Updated 24-Jan-2025

Submodel Pricing Information
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7-Seater 71.8 kWh (A)
View Loan Breakdown
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  Current price
$167,888 spacer
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Depreciation -
Down Payment $67,155 (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.

$1,449 /mth
  COE quota premium $85,000 (Category A COE)
Road tax $1,502 /yr
OMV $29,800
ARF $0 (After VES & EEAI rebates)
VES $25,000 (Rebate)
EEAI $15,000 (Rebate)
Total basic cost $123,480
Premium 36%
  Previous recorded price $167,888
  Highest recorded price $174,888 (past 6 mths)
  Lowest recorded price $162,888 (past 6 mths)
  » View full price history  
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 Date Updated 24-Jan-2025
New Car Dealer Details
  • E-Auto Showrooms

    Vantage Automotive (BYD)
    305 Alexandra Road Vantage Automotive Centre S(159942)
    Tel: 63768833 / 81006192 

Terms & conditions

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1. COE rebate for above prices are:
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a) Savers Package 8-Bid Non- Guaranteed COE: Rebate $80,000 (CAT A), $95,000 (CAT B).
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b) Base Package 6-Bid COE Non-Guaranteed : Rebate at $88,000 (CAT A), $105,000 (CAT B).
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c) $5,000 for Guaranteed 4-Bid COE. Rebate at $93,601 (CAT A), $116,625 (CAT B).
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2. Finance rebate, insurance rebate, trade-in rebate are applicable only to successful applicants of minimum loan criteria: $100,000 / 7-year loan.
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3. $16,350 is only refundable after 6 bids (for Base Package) or 8 bids (for Savers Package) of unsuccessful COE bids.
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4. Additional $2,000 required for all colours except Ski White on brand new BYD Atto 3
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5. E-Auto reserves the right to use Cat E COE (not subject to rebate) for any vehicle registration.
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6. Promotion, price and vehicle specifications are subject to change without prior notice.
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7. All prices are after applicable subsidies.
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Please contact a BYD dealer for complete information.