Now present at the Toyota x Sgcarmart roadshow are the Yaris Cross and Corolla Altis, both sensible and appealing models that will be hard to resist!
After financing restrictions by the Government kicked in, not many can afford the hefty downpayment - thus a reduction in the number of first-time car buyers.
In their bid to ease the high downpayment caused by the loan restrictions, car dealers are back with overtrade options.
60 days lift on loan curb is sufficient to help clear off stocks, but dealers are looking for other measures to help business.
Following MAS' announcement of lift of loan curb on used cars, buyers are returning to pre-owned cars to snatch up good deals.
MAS has rejected the industry's appeal to soften the loan curbs on pre-owned cars, citing increased demands for COEs as reason.
Finance experts urge buyers to add up ownership costs and reconsider car purchases, especially in this term of three highs - COE, downpayment & interest rates.
Car showrooms remained open till late last night for 'last minute' shoppers before the loan curb takes effect today.