Personal Finance
Best Car Loans in Singapore (2022): New, Used & Electric Cars Etc.
By Seedly  •  September 14, 2022
You need to earn at least $8,850 to own a car in Singapore. If you’re looking into buying a car, you will need to pay the Certificate of Entitlement (COE), road tax, the Additional Registration Fee (ARF), car insurance and… Goods and Services Tax (GST). Singapore so Expensive Pay Singapore so Expensive Pay Unless you can pay in full cash, most car owners will take up a car loan to finance their vehicle. But, this would also mean you will need to consider the interest rates, loan amount and tenure etc. Let’s take a look at the best car loans in Singapore!

TL;DR: Best Car Loans in Singapore Based on Car Type (2022)

We’ve shortlisted the top three car loans for you.
New CarsInterest Rate
(p.a.)
Loan Tenure
(Years)
Min. Loan Amount
Hong Leong Finance New Car Loan2.48%1 to 7$10,000
OCBC New Car Loan2.48%$15,000
...
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance