COE Renewal Loan Interest

rambo22

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as many cars are coming to 10 years of age

how about sharing lobang as where to get good rates

so far what i have been quoted is 3.98 for both 5 and 10 years

renewal
 

ZhuTou!

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Ya i think mostly around there
The interest quite high
 

nomoney25

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What I heard is can't loan full amount. Need to down 20%. Need to pay back in 5 years for 10 years renew coe.
 

RuOnline

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Got my car renew months ago for 5 years. Only able to loan for 4 years max. What I learn from the agent is can loan without dp. But than its abit crazy if really not dp anything. The installment amount can be ex. So in the end dp around 10k.
 

Kula Diamond

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is the rate lower or higher now?
i have a bad feeling it is higher now coz of USA federal rates increase :(

My friend who renew coe last mth the interest was 3.25% 7 yrs

Lesser installment $ every mth but stretch other 2 yrs more
 

walkofwinners

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Coe loan interest is so high and the effective interest rate is even higher.

Don't see a point in doing so.
 
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