How to get car financing loan?

[Kazuo]

Usually we will be able to get in-house loan if we buy car from 2nd hand car dealers.

 

What about if we buy direct from car owner?

 

Where to apply loan? Is it at 2.2% now?

 

Thanks

[RadX]

Here we go again 

 

https://www.straitstimes.com/singapore/transport/phv-drivers-electric-hybrid-vehicles-zero-down-payment-grab-gxs-bank-byd-by-jc

[inlinesix]

On 9/30/2026 at 3:50 PM, RadX said:

Here we go again 

 

https://www.straitstimes.com/singapore/transport/phv-drivers-electric-hybrid-vehicles-zero-down-payment-grab-gxs-bank-byd-by-jc

Commercial private hire car exemption scheme🤭

[Ake109]

On 9/30/2026 at 3:50 PM, RadX said:

Here we go again 

 

https://www.straitstimes.com/singapore/transport/phv-drivers-electric-hybrid-vehicles-zero-down-payment-grab-gxs-bank-byd-by-jc

PCB fishmonger.

I wonder if the 0% down actually is based on the inflated before discount rack price then the PHV man actually get some upfront cash when he drive off.

[RadX]

On 9/30/2026 at 4:07 PM, Ake109 said:

PCB fishmonger.

I wonder if the 0% down actually is based on the inflated before discount rack price then the PHV man actually get some upfront cash when he drive off.

Cashback days are here again🤣

[Toeknee_33]

A normal car buyer can also get a PHV licence, register a company, "pretend" to be a PHV driver and take advantage of this?

A brand new car for $0!

I am sure this will be attractive to many.

[RadX]

On 9/30/2026 at 5:41 PM, Toeknee_33 said:

A normal car buyer can also get a PHV licence, register a company, "pretend" to be a PHV driver and take advantage of this?

A brand new car for $0!

I am sure this will be attractive to many.

For sure

 

This will certainly keep coe prices sky high

[Alfc]

Still want to dig at MCF full cash philosophy? If so, you got what you wanted 😆 

[RadX]

No soliciting or selling

 

immediate BAN!!

[Benarsenal]

On 9/30/2026 at 3:50 PM, RadX said:

Here we go again 

 

https://www.straitstimes.com/singapore/transport/phv-drivers-electric-hybrid-vehicles-zero-down-payment-grab-gxs-bank-byd-by-jc

They not even hiding it anymore.

[ER-3682]

On 9/30/2026 at 4:15 PM, RadX said:

Cashback days are here again🤣

You Fully Paid for your Purchase,don't comment.!🤣

[Ake109]

On 9/30/2026 at 5:41 PM, Toeknee_33 said:

A normal car buyer can also get a PHV licence, register a company, "pretend" to be a PHV driver and take advantage of this?

A brand new car for $0!

I am sure this will be attractive to many.

I doubt this scheme even needs a registered Co., or sole proprietorship.

[Gnahp]

everyone wants a slice of this fat COE cake

 

[mersaylee]

U full cash others jiak simi...? 

Pork bone in tea must wait for hand out then can add ikan...✌️😂

[inlinesix]

On 9/30/2026 at 7:20 PM, Benarsenal said:

They not even hiding it anymore.

They nvr hide
https://www.mot.gov.sg/news-resources/newsroom/oral-reply-to-parliamentary-question-on-discouraging-excessive-sale-of-cars-by-disallowing-conversion-of-rental-cars-to-private-cars-and-practices-to-bypass-car-loan-kerbs/

[Kopites]

Literally working for the credit company.

 

[ER-3682]

In true Fact,We don't even ''Owned'' our Cars,We ''Leased'' from LTA.

[Mancypher]

On 9/30/2026 at 5:41 PM, Toeknee_33 said:

A normal car buyer can also get a PHV licence, register a company, "pretend" to be a PHV driver and take advantage of this?

A brand new car for $0!

I am sure this will be attractive to many.

Thing is, most only see the $0dp. 

Never factor the insurance cost for a PHV. [R10/Z10 insurance is definitely more than P10 insurance]

Then there's road tax after the first 6mth free. [Easy easy yearly 1.2k n above for Cat A EV]

Annual inspection then comes from year 1 onward.