MAS Imposes Financing Restrictions on Motor Vehicle Loans
- Thread starter C3P0
- Start date
Baby1M
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
Well, if I remember correctly, the ruling party originated "FT" and focuse less on "FW" while they hope to 'indoctrinate' citizens when they unlock the lock to open flood gate... but we smart, we use "FT" as Foreign Trash while Real Talents we call them as Talentsporky88;961049 said:
powersteer
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
Anyone who think that the new restrictions will reduce the vehicular population and result in less congested roads will be severely disappointed.
COE quota is the one that controls population. And its still projected to increase the vehicular population!!
Anyone who think that the new restrictions will reduce the vehicular population and result in less congested roads will be severely disappointed.
COE quota is the one that controls population. And its still projected to increase the vehicular population!!
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
really wonder where this shit is heading man.
sure hope for the days where a 3 series cost about $130,000 and not $200,000... this way 50% is 65K and not 100K...
really wonder where this shit is heading man.
sure hope for the days where a 3 series cost about $130,000 and not $200,000... this way 50% is 65K and not 100K...
powersteer
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
if you think a fishmonger can't afford 200k car, think again
MW;961060 said:
if you think a fishmonger can't afford 200k car, think again
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
Thats why I say why reduce the price? Remain high is the best. Singaporeans can afford expensive cars, they just buay song to pay. Like my example of complaining abt bus fare increase of 7 cents, complain until machiam wanna call for GE the next day..yet line up and fight at NATAS travel fairs...
powersteer;961061 said:
porky88;961062 said:
Thats why I say why reduce the price? Remain high is the best. Singaporeans can afford expensive cars, they just buay song to pay. Like my example of complaining abt bus fare increase of 7 cents, complain until machiam wanna call for GE the next day..yet line up and fight at NATAS travel fairs...
C3P0
Well-Known Member
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
The 50% or 60% is actually based on price after discount/rebate, etc. But of course not say there is no loophole. Ken say one.
Rocky99;961044 said:
The 50% or 60% is actually based on price after discount/rebate, etc. But of course not say there is no loophole. Ken say one.
Agree. The only solution is to build more infrastructure like roads and highways and flyover. And also HDB that is underground.powersteer;961056 said:
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
I think the L/F/P cars will really become exclusive.
A base Porsche 911 3.8L OMV average is $132, 053. This translate to an ARF of $20,000 for the first Tier of OMV of 100%, $42,000 on the second tier between $20,001 to $50000 range at 140% , and a whopping $147,695 on the last tier for the remainer amount at 180%. Effectively, the new ARF for a Porsche now is $209,695, a good $77,000 increase from what it was before.
Who previously complained that rich were not taxed enough?
I think the L/F/P cars will really become exclusive.
A base Porsche 911 3.8L OMV average is $132, 053. This translate to an ARF of $20,000 for the first Tier of OMV of 100%, $42,000 on the second tier between $20,001 to $50000 range at 140% , and a whopping $147,695 on the last tier for the remainer amount at 180%. Effectively, the new ARF for a Porsche now is $209,695, a good $77,000 increase from what it was before.
Who previously complained that rich were not taxed enough?
Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans
so u see, when BMWs were aplenty, everyone kan BMW so cheap anyone can buy
Now expensive u all also complain.
What exactly do u all want?
Like wat the actor said in Ah Boys to Men.."Nowadays be gahmen is tough..."
so u see, when BMWs were aplenty, everyone kan BMW so cheap anyone can buy
Now expensive u all also complain.
What exactly do u all want?
Like wat the actor said in Ah Boys to Men.."Nowadays be gahmen is tough..."
