Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
The double-digit increases in COE premiums were fuelled by a spike in interest among car buyers and the three-week tender gap.
Despite easing of loan curbs by the Monetary Authority of Singapore, car buyers remain cautious amid concern over how move will affect premiums.
Buyers who cannot fork out down payment drawn to schemes that offer hefty financing, as the motor industry finds ways around car loan curbs.
The stringent car loan restrictions introduced last year is cited as a primary reason to the increase in the number of cars under Cat A COE.
The Straits Times held its first car forum to answer questions from motorists about the recent financing restrictions implemented by the MAS.
sgCarMart Connect is commencing its very own Auto Loan Campaign. Both car buyers and sellers can get up to $4,500 cash rebates!