There is an increasing number of female drivers on the road today. With the trend, many car manufacturers are launching slim-fitting designs for the ladies, in particular hatchbacks. Not only do they look sporty and elegant, they are smaller in frames, which make them easier to control.
For the reference, hatchback is generally a passenger car with ample of boot space, and one which has the boots door opening in an upward direction. Examples of hatchback cars: Honda Jazz, Honda Fit, Volkswagen Golf, Mini-Coopers, BMW series 1 etc…
Usually comes with a shorter bonnet so that drivers can have a better gauge when making turns and doing reverse turns. They are easier to gauge from side to side, and avoid running run-ins in car-parks and restricted spaces.
Space, space, space
With the big boot space, shopping bags and prams can share the same space in the hatchback cars. Most [...]
In Singapore, a car is considerably the second largest purchase after property, in terms of its value. As much as you like that particular car model, we will like to emphasize on the importance of having a test drive prior purchase. The test drive often gives a good gauge whether the car is suitable for your driving style, allows you to have comfortable control over it etc.
If you are a newbie on the lookout to purchase cars, do use below pointers as general guidelines!
Have you picked the car and the dealer who has it? Make an appointment with them to avoid a waste trip! You can also ensure that the car is still available in the showroom, at the same time. Otherwise, it may turn out to be a disappointed trip.
Do your Homework
Check on the reviews and specifications on the model that you are [...]
With the announcement from the Monetary Authority of Singapore (“MAS”) on 26 May 2016, we see a consequential increment in the loan-to-value (“LTV”) ratio, as a result of the increased loan tenor period.
Open Market Value of motor vehicleMaximum LTV*Maximum loan tenor <= S$20,000
(previously 5 years)
*LTV is the amount of the loan expressed as a percentage of the purchase price of the motor vehicle. The purchase price includes all relevant taxes and the price of COE.
In Singapore, hire purchase loan is made available in banks and auto dealerships (better known as in-house financing). However, not many people know where the differences lie, and which is the cheaper option? In the below article, we will break it down for you.
Singapore is notoriously known for the sky-high price of car ownership.
Let’s face it: the number of ERP gantries never stop increasing, and the gantries never seem to break down as frequent as our trains, and the COE prices that spike high over the recent years… The list goes on. That being said, the prices deter potential owners to a limited extent – we do not see a decrease in the number of cars on the road. Some argue, it is the necessity for their rice bowls, some for the sake of convenience, others for the prestige of having a car title in hand.
However your reason is to jump on the bandwagon of owning a car today, we are here to assist you! Be it a fresh graduate, or a middle-classed family man/woman, we have something for everyone.
Example 1 – Fresh graduate out of tertiary education
With high COE prices, car owners are turning to COE Renewal as a viable option. Through the process of assisting hundreds of used car owners in applying for COE Renewal Car Loan, we realised a good number of car owners are not familiar with the guidelines in renewing COE. This article, thus serve to explain the guidelines in COE Renewal.
Renew COE for an existing vehicle
Bidding of COE for renewal is not required when you renew COE. To renew COE for an existing vehicle, you have the choice of paying for a five or ten years Prevailing Quota Premium (“PQP”). If you are a first-timer, PQP actually refers to the moving average of the COE prices in the past three months.
Guidelines to Renew COE:
Step 1: Check for the expiry date of your existing COE
Please note the authority gives one-month grace period. Otherwise, the vehicles will be de-registered in the system and [...]
Given the ever-increasing upfront price of cars in Singapore, many consumers have turned to second-hand cars for their daily commutes, job requirements, family commitments etc. It is more affordable, and require less upfront commitment. However, to many, buying second-hand items may seem intimidating, let alone a car with high value in Singapore. It is therefore important to practise due diligence before taking this leap.
An official platform for sales and purchase of second-hand car available is SGCarMart, where many owners, potential buyers and dealers are active. The situation is as such: you find one post that features a car that meets your expectation, and budget. So, how do you proceed from here?
Firstly, it may seem like an underrated task but do check the reputation of the company you are dealing with. Most owners will extend the car to more than one dealer islandwide. If you find one that fits your bill, do check their [...]
It is a known fact that getting a car is expensive in Singapore. On this scarce land, it seems that one of the few deterrence options is to put a rocket-high price tag on cars such that people will think twice of owning one. If the value of asset you are eying is that hefty, you are definitely on a lookout for the best option you can get. However, what happens if you need a car, yet unable to find the time to commit in the search?
Engage a car dealer, for real.
Yes, for sure, we have had heard awful stories from victims, of irresponsible agents and scam cases every other day. Regardless of industry, there is bound to have predators waiting to prey. However, one should not go the extreme ends to boycott these middlemen totally, as they may work a sweet deal for you at the end of the day.
If you are a customer of ours or happened to know us through a friend, chances are you would have attended one of our CNY buffet dinner. At Mandai Motor, we have a tradition in inviting friends, customers, business associate, and their friends and families to the CNY buffet dinner held every year. Contrary to conventional companies who usually hold their CNY dinner at the restaurants or hotel, we chose to hold it at our showroom where the ambience is much more casual and comfortable. In some years, we did rope in singers and performers to liven up the mood and it almost feel like a big family having a celebration together. And in that context, we want to make everyone (whether you are a friend or an existing customer) to feel like a part of the big community; a member of the Mandai Motor community where we can deliver great customer service to you.
Every year, Mandai Motor Trading organises a mega Chinese New Year (CNY) buffet for fellow clients, business associates, relatives and friends. The event run from mid afternoon to late evening at Mandai Motor premise (West Coast Car Mart). It is on this occasion that individuals come together, catch up with one another and make new friends. Over the years, this event has helped to build up a uniquely Mandai Motor Trading community.