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Smart Moves: Using a Personal Loan for Your Next Used Car

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Are COE prices dampening your automotive aspirations? You’re not the only one grappling with this issue. As prohibitively high premiums make new vehicles seem unattainable, numerous Singapore residents are opting for pre-owned cars instead. Actually, the secondary automobile market here is projected to expand by more than 20% by 2027, as reported. ChannelNewsAsia —even showing it’s more than just a passing fad; it’s a genuine movement. However, even second-hand vehicles carry significant costs along with the unavoidable COE. Although conventional auto financing options may assist, these usually have various conditions tied to them. This is precisely where a personal loan It could offer you greater flexibility and control over your purchase. Here’s how it functions—moreover, we’ll showcase some of the top personal loan offers currently available in the market. Key Points for Utilizing a Personal Loan for Buying a Second-Hand Vehicle What's the point of taking out a personal...