Grab Drivers, Fancy A BYD? This New Deal Could Lower The Entry Cost
Full financing, long-term battery coverage and complimentary servicing - BYD by JC and GXS Bank are lowering some of the upfront hurdles to greener PHV work.
Grab driver-partners in Singapore can access full financing for selected BYD EV and PHEV models, with promotional interest rates starting at 2.78%.
Getting into a greener private-hire vehicle could require less cash upfront, thanks to a new partnership between BYD by JC and GXS Bank.
The authorised BYD dealer has launched a financing programme for eligible Grab drivers, offering 100% loan-to-value (LTV) financing under the commercial private-hire car exemption scheme.
There’s a $0 down payment option, with promotional interest rates starting at 2.78%. Approval is subject to GXS Bank’s credit assessment.
Eligible buyers will also receive an 8-year or 500,000km battery warranty and 20 complimentary servicing packages, capped at 500,000km of usage.
The package aims to make green vehicle ownership more manageable for drivers who rely on their cars for a living.
The programme covers a mix of EVs and PHEVs: BYD SEAL 6 DM-i, SEAL 6 DM-i Touring, SEALION 6 DM-i, ATTO 3 EVO, M6 and SEAL 6 EV.
BYD by JC will assist with model selection, test drives, financing and aftersales support.
Interested drivers can visit its Teban Gardens or VivoCity showrooms, or register online.
Terms and conditions apply. Final repayments depend on factors including the loan amount, tenure, interest rate and customer profile.
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