Owning a car in this day and age is no longer a necessity, but a luxury and desire because when we seek out to buy a car, we do not simply look for the cheapest or the most economical car. We want one that looks flamboyant with comfortable seating, spacious so we can take it out on short trips, one that is fast and so on. It is not merely a solution to our transportation problems, we want to buy a car that makes heads turn and eyes ogle when we pull it out of the garage. These cars are our dream cars because owing them is a dream. What we want is not always what we can afford and what we can afford are not part of our dreams because let’s face it, none of dream about the things we already have in life or that we can have if we want to, we dream about those things that we can’t have like our dream cars.
If you can find the perfect car loan, owning your dream car can now become a reality leaving more room for us to dream about other things. Maybank is among the leading banks in Singapore today for providing top notch banking products and financial services at affordable costs to its customers. It has made many of their customers’ dreams come true whether it is providing financing to buy their perfect home, their dream car, higher education overseas, providing credit cards to students and so on.
No matter what loan you decide to take in life, interest rates are always a burden to bear and can even bankrupt your savings. However, using Maybank Car Loan, you can now save significantly on the interest as the bank is offering extremely competitive rates when compared to any other bank or financial institution on the island. The interest rates offered start as low as 3.25% per annum. Maybank is providing up to 60% financing for the purchase of your car or the valuation price, depending on whichever is lower. In an economy where interest rates are always bouncing around and fluctuating more than your mood, you can avail an attractive interest rate package with a flat rate scheme where market fluctuations are no longer a bother. You can also choose a financing option of up to 5 years so you own your dream car and also maintain your current lifestyle without much compromises because your monthly installments will remain fixed throughout the entire repayment period.
The Maybank Car Loan does not only apply to new cars, you can also apply for this loan for used cars. Whether the car is less than 10 years or almost 20 years old, you can receive up to 60% financing for it, the only catch here is that the age of the car plus the tenure of your loan should not exceed 10 years. If it doesn’t, you can opt for a loan tenure of up to 5 years.
Whether you are a Singapore Citizen, a Singapore Permanent or a Foreigner, you are still eligible to apply for the Maybank Car Loan as long as you have the supporting documents such as your NRIC, employment pass etc. You only need to be at least 21 years old and all is well.
So what are you waiting for, go turn your dreams into reality because at the end of the day, you must leave no stone unturned and now you can turn all other stones with your fancy new dream car.