MAS Imposes Financing Restrictions on Motor Vehicle Loans
- Thread starter C3P0
- Start date
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
ok fk la..dun say i never offer my services.
i gonna start managing money for some friends. if u keen let me know. my track record is 20% to 36% per annum since 2007 in sgd base. i gtee u will hv ur 50% deposit for ur 316.
ok fk la..dun say i never offer my services.
i gonna start managing money for some friends. if u keen let me know. my track record is 20% to 36% per annum since 2007 in sgd base. i gtee u will hv ur 50% deposit for ur 316.
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
i think only in this forum...the debate is centered on ARF. ok its a car forum, but i think we r not representative of what the avg citizen feels. most others r damn grateful govt give them some rebates n pocket money.
kenntona;961905 said:
i think only in this forum...the debate is centered on ARF. ok its a car forum, but i think we r not representative of what the avg citizen feels. most others r damn grateful govt give them some rebates n pocket money.
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
unfortunately... some folks think that way...
cannot buy m3 migrate liao.... u say leh?
cannot get hdb flat... jeng hu fault.... kid cannot get into top primary school... jeng hu fault... char beehoon at hawker go up 50 cents.. jeng hu fault
jeng hu sibei pai cho...
unfortunately... some folks think that way...
cannot buy m3 migrate liao.... u say leh?
cannot get hdb flat... jeng hu fault.... kid cannot get into top primary school... jeng hu fault... char beehoon at hawker go up 50 cents.. jeng hu fault
jeng hu sibei pai cho...
kenntona;961905 said:
motorknut
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
I face the same problem. I wake up early to take the train, and wait for twenty minutes before I can board. Wtf?! My dad used to take the subway to work in NY and he did the same in SG. He'd leave his cadillac home for my mom to use. Now he's retired and encouraged me to drive to work cos of the horrible train situation. This from a guy who took public transport every chance he got.
I love driving, but I don't like driving to work. I feel tired dealing with rush hour traffic.
Now I take a bus to work, those private bus operated premium shuttles are such a relief. Somebody else drives and I get to nap too. Five bucks per trip is pretty worth it to me. I'm always the first into work while colleagues play 'squeeze into the train' and 'will your train be delayed today?'
I face the same problem. I wake up early to take the train, and wait for twenty minutes before I can board. Wtf?! My dad used to take the subway to work in NY and he did the same in SG. He'd leave his cadillac home for my mom to use. Now he's retired and encouraged me to drive to work cos of the horrible train situation. This from a guy who took public transport every chance he got.
I love driving, but I don't like driving to work. I feel tired dealing with rush hour traffic.
Now I take a bus to work, those private bus operated premium shuttles are such a relief. Somebody else drives and I get to nap too. Five bucks per trip is pretty worth it to me. I'm always the first into work while colleagues play 'squeeze into the train' and 'will your train be delayed today?'
C3P0;961894 said:
Centurion9990
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
hearsay now car loan interest 3.5%.... this might help the M3 buyer's to make his migration plan quicker.
hearsay now car loan interest 3.5%.... this might help the M3 buyer's to make his migration plan quicker.
C3P0
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
And 3.875% for used car.
Nine months ago it was only 1.88%.
I have calculated - assuming I buy my existing car today (which I bought 9 mths ago), and price goes down by $30k, plus I fork out more downpayment, take a smaller loan and with shorter tenure, I will be paying more interest.
HUAT AH!
And 3.875% for used car.
Nine months ago it was only 1.88%.
I have calculated - assuming I buy my existing car today (which I bought 9 mths ago), and price goes down by $30k, plus I fork out more downpayment, take a smaller loan and with shorter tenure, I will be paying more interest.
HUAT AH!
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Darth Vader
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
you are stuck with your car for the next 111 months?
you are stuck with your car for the next 111 months?
C3P0;961956 said:
wt_know
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
coe no $10K no buy !!! ... wahahahaha
180% arf will kill a lot of ferrari, lamboghini, maserati, porky owner to change car
50% downpayment will kill a lot of cash strap buyer and those aiming 100% loan
3.25% interest will kill buyer with tight budget on their monthly loan servicing, moreover loan tenure max 5 years
no one buying car liao ... HUAT AH !!!
opps ... i need to take my medicine first
coe no $10K no buy !!! ... wahahahaha
180% arf will kill a lot of ferrari, lamboghini, maserati, porky owner to change car
50% downpayment will kill a lot of cash strap buyer and those aiming 100% loan
3.25% interest will kill buyer with tight budget on their monthly loan servicing, moreover loan tenure max 5 years
no one buying car liao ... HUAT AH !!!
opps ... i need to take my medicine first
Last edited by a moderator:
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
The garment is deliberately ignoring the real cause/issue at hand. They're now using foreign workers/SMEs as their whipping boy. They have not done anything to programs like the GIP. They have not tightened the criteria for foreigners seeking PRs here. In a nutshell, this under this program, foreigners can "buy" their PRs for only $2.5mio.
In the same way that the garment has chosen to address this issue, they have also missed the point completely in the measures taken to address the low birth rate in Singapore. They have simply equate our low birth rate with the amount of maternity leave.
kenntona;961913 said:
The garment is deliberately ignoring the real cause/issue at hand. They're now using foreign workers/SMEs as their whipping boy. They have not done anything to programs like the GIP. They have not tightened the criteria for foreigners seeking PRs here. In a nutshell, this under this program, foreigners can "buy" their PRs for only $2.5mio.
In the same way that the garment has chosen to address this issue, they have also missed the point completely in the measures taken to address the low birth rate in Singapore. They have simply equate our low birth rate with the amount of maternity leave.
