Hong Leong Finance
$1,137.71 /mth
Interest Rate
2.78%
Min Loan Amount
$10,000
Max Loan Tenure
7 yrs
Used Car Loan,
$80,000 for 84 months
Last Updated: 16/11/2023
Financing Period: 1 to 7 years
Maximum Financing Period: Age of Vehicle + Financing Period = Not Exceeding 10 Years
Minimum Financing Amount: S$10,000 ($200 Loading fee is applicable for loan below S$10000 or less than 1 year)
New Commercial Vehicle : 3.28% min loan $20,000
Used Commercial Vehicle : 3.68% min loan $20,000
Coe Commercial Vehicle : 4.00% min loan $10,000
Maximum Financing Amount: Up to 70% of purchase price or bank's valuation whichever is lower if OMV is lesser than or equal to S$20,000; or Up to 60% of purchase price or bank's valuation whichever is lower if OMV is more than S$20,000
Early Settlement Fee: An early settlement fee of 20% of Interest Rebate based on Rule of 78 will apply throughout the finance period for both Hire Purchase Act and Non-Hire Purchase Act cases
Early Settlement Penalty: 1.5% on the outstanding amount owed (18 Mths)
Early Settlement Notification Period: 30 working days' prior written notice, or otherwise, payment 1 month's interest in lieu