Understanding your financing options matters more than most buyers realise. A difference of just 0.3% p.a. can add up to thousands of dollars over your loan — and the right structure can make owning a car far more accessible than you’d expect.

Key MAS Rules to Know (Bank Loans)

• Borrow up to 70% of the car price if OMV ≤ $20,000; up to 60% if OMV > $20,000
• Maximum loan tenure: 7 years
• Total monthly debt repayments cannot exceed 55% of gross monthly income (TDSR)

We Offer More Than Just Bank Loans
Most buyers only know about bank financing — but that’s just one option. At Royal Motor Grandeur, we go further:

✅ Bank Loan — competitive rates across multiple banking partners
✅ 0% Downpayment — drive away without a large upfront cash commitment, on selected models
✅ Up to 10-Year Loan Tenure — spread your repayments further to keep monthly instalments low

Whether you’re working with a tight budget, want to preserve your cash flow, or simply want the lowest possible monthly payment — we’ll find a structure that works for your situation.

Talk to us today and we’ll walk you through all available options, no obligation.

Flat Rate vs. EIR — Know the Difference Banks quote flat rates, but the Effective Interest Rate (EIR) reflects your true borrowing cost. Always compare EIR when evaluating packages.