There was a big commotion with regards to how cooling measures for cars would affect the pre-owned market not too long ago. In response, from 6 April 2013, the government lifted the more stringent rules for car loans for 60 days for the purchase of pre-owned cars. The concession will end on 5 June 2013. The Monetary Authority of Singapore stated that: "It said it would not be possible to relieve the industry from the impact of the financing restrictions on an on-going basis. "It said the two-month relaxation of the rules for the pre-existing used car inventory will help the industry adjust to the new conditions." Dealers said that a period of six months would have been better. I suspect that the pre-owned market for cars will see harder times from 6 June 2013 once the concession ends. Why am I blogging about this? I have a friend who ......