I just received a flyer under the windshield wipers of my car today. It said, “Buying used car? Up to 90% loan available.” It was an incredible offer. Almost… too good to be true?
The truth is, this flyer breaks just about all the rules in the MAS automotive financing bible which came into play in February 2013:
Commandment #1. “Thou Shalt Receive A Maximum Loan-To-Value (LTV) Of 60% Of The Purchase Price, For A Motor Vehicle With OMV That Does Not Exceed $20,000, Including Relevant Taxes And The Price Of The Certificate Of Entitlement, Where Applicable; And
Commandment #2: Thou Shalt Receive A Maximum LTV Of 50%, for a motor vehicle with OMV of more than $20,000.
Commandment #3: Thou Shalt Not Take A Car Loan Of Longer Than 5 Yea...
Complimentary 3 years servicing 5 years unlimited mileage warranty High COE rebates Insurance subsidy* Free 1 year road tax Free Petrol Voucher worth $200 Free 2-Channel Car Camera Low interest rate of 1.88% Complimentary upgrade to Guaranteed COE* Special trade-in discounts* Immediate Registration Available Attractive Discounts on Demo Sets Free bodykit for Civic
Hyundai Motor’s new compact SUV, the All-New Tucson, received the maximum five-star safety rating from independent vehicle assessment organisation, Euro NCAP. The result underlines the benefits of Hyundai’s approach to democratise technology and safety features across its vehicle range.
The Euro NCAP test findings demonstrate that the All-New Tucson is one of the safest and most comprehensively equipped vehicles in its segment. Hyundai’s use of the latest active safety technologies enhances the car’s impressive safety results.
Introduction and exterior The Freed used to be one of Honda’s best selling car alongside the Fit after its launch on local markets in late 2008. However, sales quickly lost traction after COE skyrocketed in early 2010, and was discontinued by the Kah Motor later that year.
In late 2011, the Freed received a major facelift, bringing the car up to date with a host of upgrades inside and out, and for the first time, the facelifted Freed is available on local markets once again.
New are the bumpers and grille, which now incorporates Honda’s corporate nose. The front vents are heavily stylised and bestows the car with a more aggressive stance from the front – a very popular styling touch on most Japanese cars of late.
The iconic PEUGEOT GTi badge is returning to the medium car segment for the first time since the 1990s, and all is set for a thrilling performance. One of the most eagerly-anticipated new model launches of 2015, the 308 GTi by PEUGEOT SPORT is a high-end performance ‘hot hatch’ designed with the sophisticated and enthusiastic driver in mind.
Launched as a high-performance model for the 308 range – itself winner of the prestigious 2014 European Car of the Year – the 308 GTi has been extensively developed by PEUGEOT SPORT - the Brand’s in-house team of motor sport engineers that boasts a wealth of expertise and success in the performance road car and international competition fields. The 308 GTi is the fourth road car project in three years following the critically acclaimed RCZ R, 208 GTi 30th and 208 GTi by PEUGEOT SPORT.
Volvo Cars has revealed one of the industry’s most advanced and easy-to-use interfaces to oversee how drivers will transfer control to a car’s autonomous driving (AD) mode in its forthcoming cars. The advent of autonomous driving technology means that the relationship between a driver and a car’s user interface is of crucial significance. A safe and seamless handover of control is the cornerstone of any new trustworthy AD technology.
Volvo Cars has designed its IntelliSafe Auto Pilot to be simple and intuitive. The autonomous mode is activated and deactivated with specially-designed paddles on the steering wheel. When entering a route where autonomous driving is available, the car gives the driver a message that the Auto Pilot is ready. At the same time, lights on the steering-wheel paddles start flashing.
BMW M GmbH has announced the birth of a new and exclusive technological showpiece which elevates the potential of the BMW M4 Coupe to another impressive new level. With its motor sport-inspired looks and high-performance technology, the BMW M4 GTS has its sights set squarely on the race track. A lap time of 7.28 minutes around the legendary Nürburgring-Nordschleife is a clear statement of this special-edition model’s exceptional abilities. BMW M GmbH is launching the BMW M4 GTS in a special edition limited to 700 units to celebrate the 30th anniversary of the BMW M3, which has been in production since 1986. In so doing, it is highlighting the innovative flair of the BMW M engineers in developing trailblazing M technologies on the powertrain, chassis and lightweight construction front.