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Re-shaping the reputation of the automotive industry by implementing the industry’s best practices to everyone in the company and uploading fair and transparent trade processes.
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For both first time and seasoned car owners, buying a car can be an adventure – both exciting and daunting. Here’s a little help to make the car buying journey smoother!
It’s 2022, and we all want to be material gworls – with expensive taste but minus the hefty costs. Though, truth be told, it is hard enough living in sunny, pricey Singapore.
Wake up, it’s 2022 – no longer are we living in those days of ‘ice, ice, baby (pun intended)’. In a blink of an eye, the roads of Singapore would be filled with electric vehicles (EVs), and Internal Combustion Engine (ICE) cars would eventually be a thing of the past.
THE question that most aspiring car-buyers ask themselves is, “Can I afford this car now?” Unfortunately, more often than not, many owners would end up falling behind on car loan payments and ultimately surrendering their vehicle.
Advice and answers from the SgMotoringHub Operations Team
For a first-time buyer, I would recommend a vehicle that is relatively reliable and fuss-free without blowing too much money and time on repairs.
Some of the models I recommend are:
Do take note that these vehicles are usually very highly sought after by PHV drivers, and many of them in the market have SKY-HIGH mileage. Do your own due-dilligence to ensure that the vehicle you are buying is accident-free as this is a SAFETY issue that will compromise the structural integrity of the vehicle. There are some dealers in the market who would tamper with the mileage of the vehicle, so it is VERY IMPORTANT to not just look for a cheap car, but a GOOD car. If the deal is too good to be true…. it probably is….
Feel free to contact SgMotoringHub for a pre-purchase inspection, and we will provide you a full 160-point evaluation report of your vehicle to ensure that the vehicle you are intending to buy, is not a “Lemon”
SgMotoringHub is in full compliance with Singapore’s Motor Trade law, and we do not participate in tampering with mileage and we DO NOT sell cars that have been in a major accident before. Feel free to make an appointment with us or drop by our showroom to check out our fleet!
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Our vehicle valuation takes into consideration the brand, model and registration date of the vehicle. Other deciding factors include mileage, previous accidents, and faulty parts. To ensure a more accurate valuation, please provide us with detailed information about your vehicle, including its condition, to the best of your ability.
Yes. Our partners will work with your bank to help you clear your existing loan. If there is a surplus after clearing your loan, the balance will be paid to you during the handover.
Great question! In SgMotoringHub we provide evaluation and consultation to understand if it’s worth it for you to renew your COE for 5 years or 10 years.
There are 2 options.1 is if you cant commit for the full 10 years COE you can always opt for the 5 years COE renewal and pay 50% of the PQP.
The downside for 5-year COE renewals is that you can only renew it once. After the 5-year period ends, you won’t be able to renew it again and will have to deregister the vehicle.
But of course, you can always have the 10 years COE renewal, and once it expired, you can renew it again!
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