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.
After surpassing 200 million sales Toyota has overtaken General Motors and Volkswagen for the world's largest automaker title - for the first half of 2012.