New Car Financing


Banks Loan Rates

  1. Hong Leong Finance – 1.99%  (Limited period and subject to changes by the bank)
  2. Hong Leong Finance – 3.28% for car rental
  3. DBS – 1.99% (Limited period and subject to changes by the bank)
  4. UOB – 2.28%
  5. UOB – 3.28% for Grab, Limousine and car rental
  6. Maybank – 2.48%
  7. Maybank – 3.50% for Limousine and car rental. Min loan $20k and tenure of 12 months
  8. Standard Chartered – 2.48%
  9. HL Bank – 2.48%
  10. Tokyo Century – 2.78%
  11. Tokyo Century – 3.78% for Balloon Scheme
  12. Hitachi Capital – 2.98%
  13. Leasing program under Hitachi Capital is available. Up to 90% loan

* Max repayment period is 7 years.Terms and conditions applied. Rates are subject to changes by the bank.

In order to process the application, you will need to forward us these documents.

  1. Sales Order / Vehicle Sales Agreement
  2. Registered Owners IC Front and Back
  3. (require by bans/finance company)

  4. Latest Notice of Assessment, 6 months of CPF Contribution History or 3 months computerized payslip

Please email your documents to clement@directautoloans.sg

All documents submitted will be kept strictly confidential.

The Monetary Authority of Singapore (MAS) rules allow you to borrow up to 70% of the purchase price of a car if its open market value is less than S$20,000. For more expensive cars, the permissible percentage is lower at 60%. Open market value refers to the original price of a car, and excludes certificate of entitlement charges, additional registration fees, and other government levies.

For a quick Calculation of Loan. Just key in the loan amount, purchase value of the vehicle and interest rate .

Enquiry Form