Darthrevan Supercharged May 29, 2013 Share May 29, 2013 MOTOR companies are coming up with innovative ways to entice car buyers put off by the recent cooling measures. These range from a leasing deal that allows customers to drive away with a new Mercedes-Benz E200 with no downpayment to a buyback scheme that lets them own a Porsche Panamera for just $788 a month. The arrangements are offered mainly by companies selling premium and luxury brands, as these are the ones most affected by the cooling measures. In February, the Government restricted most car loans to 60 per cent of the purchase price - compared with up to 100 per cent previously - and imposed a tiered taxation system placing the heaviest burden on luxury vehicles. Source: http://www.straitstimes.com/breaking-news/...buyers-20130529 ↡ Advertisement Link to post Share on other sites More sharing options...
S4vtec 3rd Gear May 29, 2013 Share May 29, 2013 makes sense, in singapore you dont own the car anyway. its a matter of leasing from the AD or the goverment Link to post Share on other sites More sharing options...
VellfireS 4th Gear May 29, 2013 Share May 29, 2013 MOTOR companies are coming up with innovative ways to entice car buyers put off by the recent cooling measures. These range from a leasing deal that allows customers to drive away with a new Mercedes-Benz E200 with no downpayment to a buyback scheme that lets them own a Porsche Panamera for just $788 a month. The arrangements are offered mainly by companies selling premium and luxury brands, as these are the ones most affected by the cooling measures. In February, the Government restricted most car loans to 60 per cent of the purchase price - compared with up to 100 per cent previously - and imposed a tiered taxation system placing the heaviest burden on luxury vehicles. Source: http://www.straitstimes.com/breaking-news/...buyers-20130529 boss.. you want to tio yerrow har? this topic started liao.. Link to post Share on other sites More sharing options...
Vega Turbocharged May 29, 2013 Share May 29, 2013 lamb hair grow from the lamb. Its just a more creative way to make buyers feel less painful dishing out the money. Link to post Share on other sites More sharing options...
MeloDEE 1st Gear May 29, 2013 Share May 29, 2013 I call gimmick... Link to post Share on other sites More sharing options...
Kratoschumacher 3rd Gear May 29, 2013 Share May 29, 2013 Dulplicate thread, pls continue your discussions here: http://www.mycarforum.com/index.php?showtopic=2689120 ↡ Advertisement Link to post Share on other sites More sharing options...
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