Latest COE prices in Singapore and best car loans (June 2023)

Car enthusiasts and soon-to-be car owners in Singapore can now take a sigh of relief as the latest COE prices and best car loans have been announced! According to the latest update, COE prices for cars have decreased, while those for motorcycles have increased by a slight percentage.

As of June 2023, the price for COE (Certificate of Entitlement) for cars with an engine capacity of up to 1600 cc is the lowest among all categories at $25,342. However, prices for cars with an engine capacity of above 1600 cc and motorcycles have registered a slight increase compared to the previous month.

But for those who are looking for a vehicle to buy, it’s not just about the price of the COE. The best car loan deals are also important to consider. There are various options available to ensure you can get the car you want while also keeping within your budget.

For instance, one loan option is for individuals with stable monthly income, while another is for those who want to pay a smaller downpayment. Some banks and financial institutions also offer customized packages based on an individual’s financial profile and credit rating.

Overall, the latest update on COE prices and the availability of good car loan deals is welcome news for those who are planning to buy a vehicle. It’s important to do your research and seek advice from professionals before making a final purchase decision. This will ensure that you get the best deal possible and avoid potential financial pitfalls. Being informed is the key to making smarter financial decisions when it comes to purchasing a vehicle in Singapore.