MAS Imposes Financing Restrictions on Motor Vehicle Loans

[Darth Vader]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

that is exactly why they are farked!!!!
lan lan have to keep car till scrap.

Why farked? Just keep the car, drive and adopt a wait and see attitude.
The most, pay up the loan, fully own till it's time to scrap.

 

[Reeve]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Wah if supercar say OMV 400k ARF under old scheme 400k.

Under new scheme,
1st 20k = 20k
next 30k = 42k
balance 350k = 630k
Total ARF 692k

Almost 300k difference ; so present owners of supercars can make money ?

 

[MW]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

I'm so shallow, really. Despite all this ARF, OMV, progressive dunno what, CEV rebate simi, all I can think about is whether I can still get that 911 C4S or not.... Sigh. I'm so Singaporean, I'm almost ashamed of myself.

Hi, Ferrari F430 is nicer. Will look nice in ur newly renovated GCB driveway..honest opinion

 

[kenntona]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

I'm so shallow, really. Despite all this ARF, OMV, progressive dunno what, CEV rebate simi, all I can think about is whether I can still get that 911 C4S or not.... Sigh. I'm so Singaporean, I'm almost ashamed of myself.

That's why I said these measures will not affect you, or Totoseow.

He was wondering if he could get a F458 for second car. To him, Porsches are for middle income people. He say one.

 

[MW]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

, Porsches are for middle income people. He say one.

Ok, I am cancelling my 911 order

 

[Darth Vader]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

lol, with 50% loan i think very hard to find buyers.

Wah if supercar say OMV 400k ARF under old scheme 400k.

Under new scheme,
1st 20k = 20k
next 30k = 42k
balance 350k = 630k
Total ARF 692k

Almost 300k difference ; so present owners of supercars can make money ?

 

[kenntona]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

13:50:48 TOTOSEOW : porsches r cheap la. throw a stone u hit one
13:51:08 TOTOSEOW : porsches r for middle income people. ngiak ngiak ngiak

 

[porky88]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

well said... car is a consumption.. why all look at cars like an investment??

Why farked? Just keep the car, drive and adopt a wait and see attitude.
The most, pay up the loan, fully own till it's time to scrap.

 

[Oilman]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Wobbles I calculate for you... I BRO.

C4S OMV is about 130k, so the ARF goes from (20+30+80) to (20+42+144). Increase of $76k. Peanuts!

 

[tofumonkey]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

sure hope not! lol...

With 6.9million.. will singapore look like that??

[video=youtube;P2sTVGkDYsI]https://www.youtube.com/watch?v=P2sTVGkDYsI[/video]

 

[MW]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

well said... car is a consumption.. why all look at cars like an investment??

yah I wonder why people react with horror and roll eyes when I say "car nowadays probably need to drive full 10 years"...

 

[porky88]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

at this rate.. maybe need to drive 20 years to fully amortise off

yah I wonder why people react with horror and roll eyes when I say "car nowadays probably need to drive full 10 years"...

 

[jasonmaxima]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

yah I wonder why people react with horror and roll eyes when I say "car nowadays probably need to drive full 10 years"...

hi, I am looking to FL my Volvo XC60 to the new FL, also looking to FL the F10 to the new FL F10.... pls PM me good bodyshop.

thanks.

 

[MW]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

My dad's old Merc E220 is 18 years old. In 2015 he needs to scrap liao. How to buy "new" car? Can write to MP?

 

[tofumonkey]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

ppl drive cars for 1-2 decades in other countries lor.. haha

 

[The Guardian]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

With this, only change is style of living.
Cannot change car as often. That's all I see as a "negative" impact.

 

[wt_know]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

if every car owner drive their car for full 10 years (which is the right thing to do), automobile association people will come out cry papa cry mama business cannot sustain liao ...

With this, only change is style of living.
Cannot change car as often. That's all I see as a "negative" impact.

 

[jasonmaxima]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

My dad's old Merc E220 is 18 years old. In 2015 he needs to scrap liao. How to buy "new" car? Can write to MP?

please send engine for overhaul at R2D, car body for facelift, then bid new VRN and make from signatureincz.... oh and dun forget to tint the car at infratint to minimize excessive degradation of the car's interior from the sun's harmful UV rays.

 

[Jason8822]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

hi, I am looking to FL my Volvo XC60 to the new FL, also looking to FL the F10 to the new FL F10.... pls PM me good bodyshop.

thanks.

Sorry hor, 2013 facelift does not apply M5. Only the regular 5s get it ....

 

[kenntona]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

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