Hi Elaine. It is possible if you are well experienced in terms of car ownership in Singapore. However it gets messy when bank loans comes into the picture. Especially when there is an outstanding bank loan that requires a full settlement, or when you need a new bank loan. We suggest that you seek professional assistance from us to smoothen the process.

Head on over to https://www.motorist.sg/car-loan-paperwork so that we can assist you further in purchasing your new car.

I think the question I have for you is why do you want to handle your own paperwork for loan? Most car dealers require you to take up a loan for them as they are giving your a discounted prices after earning a commission from the bank. If you take away from them, be prepared to pay 2-4k extra on top of quoted price.