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Types of Car Financing & Who It’s For (Singapore Guide)

Posted by Edwin Hutagaol on
Types of Car Financing & Who It’s For (Singapore Guide)

Thinking of getting a new or used car in Singapore, but unsure what are the available options for you? You're not alone. Whether you're a first-time buyer, a business owner, or someone upgrading your vehicle, understanding your financing options is key to making a smart decision. Let’s see what the car financing options available in Singapore are, and who each one is best suited for. ________________________________________ 🚘 1. Bank Car Loans Best for: Buyers with stable income & good credit history Bank loans are the most common form of car financing options. They are offered by major banks in Singapore...

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