Skip to content Skip to sidebar Skip to footer

How Much Mileage Is Good For A Used Car Singapore

How Much Mileage Is Good For A Used Car Singapore. Costs of buying a new car or used car in singapore costs of buying a used car are generally lower. As with all used products, used cars undergo a significant amount of depreciation.

How much mileage is good for a used car Kobo Guide
How much mileage is good for a used car Kobo Guide from koboguide.com

The average purchase price of a typical compact car such as a honda civic is s$99,262. The maximum you can loan is pegged to the open market value (omv) of the car shown in the table below: As with all used products, used cars undergo a significant amount of depreciation.

Costs Of Buying A New Car Or Used Car In Singapore Costs Of Buying A Used Car Are Generally Lower.


Open market value (omv) maximum finance amount. 70% of the purchase price or valuation price, whichever is lower. We have new car dealers comprising parallel importers, authorised car dealers, and used car dealers on our site.

Getting Swept Away In Other Efficiency Metrics Is Easy, But Knowing Good Mileage For A Used Car Is One Factor You Must Not Ignore.


It goes without saying that second hand goods are generally cheaper than new goods. A vehicle’s performance and integrity wanes the longer it is used on the road. So an automobile with 70,000 km on the odometer should work more efficiently than the same.

You Can Also Buy From A Car Auction, Look Up Car Loans, Financial Services, Low Mileage Cars, Car Brands, Carpark Rates & Car Insurance.


This obviously does not add up. Be cautious if a used car is nearing a service milestone but hasn’t been taken in by its previous owner. As with all used products, used cars undergo a significant amount of depreciation.

Since 2011, The Average Price Of Most Cars In Singapore Has Decreased By Up To 23%.


The maximum loan tenure is 7 years. Aston martin, ferrari, lamborghini, mclaren. Car loans in singapore allow you to borrow up to 70% of the car’s open market value, also known as omv.

The Most Appealing Thing About The Car Was What I Considered To Be Relatively Low Mileage Of 83,000 Km For A 7 Year Old Car.


But if a car was well maintained , even with high mileage i won’t mind it compared to a low mileage car that was ill maintained. Imagine a 5 yr old private hire car with 450,000km mileage adjusted to 110,000km. Based on my understanding of car brands in singapore (and also with the help of google), the cars are split into 6 segments are exotic, ultra luxury, luxury, mid level, economy and budget.

Post a Comment for "How Much Mileage Is Good For A Used Car Singapore"