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Forum Cars car loan for self import car

Forum Cars car loan for self import car

Forum Cars car loan for self...

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  • #1709
    PL
    Peter Lin
    Participant

    Posts: 13

    Joined: Dec 10, 2014

    Expert

    Hi YK,

    There is unfortunately no car loan for just COE. It is also difficult to get a bank to do a hire purchase agreement for an import car.

    Your only option is to get a personal loan to pay for the COE. You can take a loan of up to 4X your monthly salary, though the interest rates are high as it is an unsecured loan.

    Hope this helps!

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