Know Your Real Buying Power Before Buying a Used Car
15 Nov 2018
Usually, we start crunching figures when we are nearer the end-point of our purchasing process, and the car loan approval is an important part of this process. The major disadvantage in this is that oftentimes we learn that we are over the budget by this point.
The best advantage you can have is to know your real buying power, even before making your way down to the dealership to view the car of your choice, or even any other car within your budget that catches your eye.
There is now a way to apply for your car loan anywhere, and at anytime. The UOB Car Loan on Carousell makes this possible. The procedure is easy and paperless, and no longer will you need to produce physical personal documents as part of the application process, including the troublesome task of physically digging out your personal income details!
Within minutes, MyInfo will be able to determine if you qualify and approve the loan amount you are applying for.
View your shortlisted car with your loan approval on-hand, and you can be driving out of the dealership in the shortest time!
So what are you waiting for? Empower yourself now!
Click here to view our infographic to better understand how to go about making an application.
FAQ #1: Are there any penalties involved?
Fret not! Each approved loan arrangement via the UOB Car Loan on Carousell is valid for 30 days. If the car isn’t suitable for you, just let the arrangement expire.
FAQ #2: What if I want to negotiate the price after viewing?
The approved loan arrangement from UOB serves to represent the loan “limit” you’ve secured. This means that you’ll be assured of the loan amount up to this “limit”.
Pro-tip: Once you’ve shortlisted the car you’re thinking of buying, apply for the UOB Car Loan on Carousell before viewing. After you’ve gotten the loan approved, view the car and negotiate the price with the seller. After agreeing with the seller on a lower price, re-apply for the UOB Car Loan on Carousell -- you’ll be able to get a new loan based on the lower selling price!
With Oneshift, you get:
Best value for your car A peace of mind when selling Fast sale from start to end
HIGHEST PRICE FOR YOUR CAR
Best offer with no obligations.
Start Now!
Prompt and Fast. Service officer Muhd Yazid was very helpful in guiding the sales, and when urgent assistance is required! Kudos to officer for being able to address all queries.
Arof Bin Yaacob - 5 months ago
It was very smooth and fast deal. Definitely will use one shift again to buy or sell car.
Lorrin - 6 months ago
Great and prompt service as always!
Nair - 6 months ago
Very satisfied by the service and convenience. Ii sold my car in 2 days.
Tan Wee Ann - 6 months ago
Very happy with the ease and smooth experience!
Minarni - 6 months ago
Excellent service. No hassle. Fast and reliable. Absolutely recommended.
Radzaly Bin Mohd Noor - 6 months ago
Excellent. It gives me better money for my scrap vehicle. Thank you guys
Jefri Sidik Soerdi - 6 months ago
The entire experience from registering my car on OneShift to the handing over to the dealer was very pleasant. The process at OneShift was efficient and transparent. Special thanks to RenAi from OneShift who was very detailed and helpful.
Charmaine Ang - 6 months ago
Great experience. Mr Pan the car dealer from Car Enthusiast is very helpful and friendly. Attitude towards client is awesome..
YEO CHOON WEI - 6 months ago
Good response and support from Angie at One Shift when I wanted to sell off my old Camry which was due to be scrapped in early February. Would recommend this platform for those wanting to buy or sell their cars.
Bahl Alok - 6 months ago