What We Offer
Being aware of your credit score may allow you to negotiate a better rate
with some lenders.
What We Offer
Being aware of your credit score may allow you to negotiate a better rate
with some lenders.
We support car loans for most major brands in Singapore — including Honda, Toyota, Nissan, Mazda, Kia, Lexus, Suzuki, MG, BYD, Mercedes-Benz, BMW, Audi, Lamborghini, and more…
Car Loan Interest Rates in Singapore (2026)
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.
Why Choose Us?
Royal Motor Grandeur are more than just a car dealer—we’re your one-stop solution for a stress-free car ownership journey. From recommending the right vehicle to securing bank loans with 0% downpayment and fast approval, we take care of everything so you don’t have to.
Whether you’re eyeing a sleek sedan or a family SUV, we’ll arrange the perfect purchase package—selecting the right model, negotiating the best price, and securing competitive interest rates on your behalf. No dealership pressure, no hidden fees: just a seamless end-to-end car buying experience.
As a CaseTrust-accredited company, we’re committed to honest pricing, transparent processes, and delivering a buying experience you can trust—no hidden fees, no pressure, just peace of mind.
Our Awards
Why Choose Us?
Whether you’re eyeing a sleek sedan, a family SUV, MPV, or PHV, we’ll arrange the perfect purchase package—selecting the right model, negotiating the best price, and securing competitive interest rates on your behalf. No dealership pressure, no hidden fees: just a seamless end-to-end car buying experience.
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what others are saying
Recommendations and reviews from our clients
FAQ
What is the lowest car loan interest rate in Singapore?
At Royal Motor Grandeur, we offer car loan interest rates from as low as 0.90% p.a., one of the most competitive rates in Singapore.
Can I get a car loan with 0 downpayment in Singapore?
Yes. We offer 0 downpayment car loan options for eligible buyers, with up to 100% loan financing available.
How long does car loan approval take?
With SingPass MyInfo, loan approval can be completed within 1 hour.
Can I get a used car loan from Royal Motor Grandeur?
Yes, we provide car loans for both new and pre-owned vehicles.
What is the maximum loan amount for a car in Singapore?
Based on MAS guidelines, you can borrow up to 70% of the OMV for vehicles with OMV ≤ $20,000, or up to 60% for vehicles above $20,000.
Financial Services Disclaimer
Financing is offered through our partnered financial institutions, United Overseas Bank Limited, which are licensed and regulated by the Monetary Authority of Singapore (MAS).
Royal Motor Grandeur does not provide loans or financial services directly.
You can verify the institutions’ licenses on the MAS Financial Institutions Directory here:
https://eservices.mas.gov.sg/fid
