MoneyMax Leasing
Extra Info
Title: Car Financing for Drivers in Singapore | MoneyMax Singapore
URL Source: https://moneymaxleasing.com/
Published Time: 2024-10-03T03:52:05+08:00
Markdown Content:
Car Financing for Drivers in Singapore | MoneyMax Singapore
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CAR FINANCING
Making Car Ownership Affordable
Discover our Attractive Loan Packages Today!
Trusted Listed
Company
One-stop
Solution
Fast
Approval
Up to 118-Month
Loan Tenure
- What We Do
- How It Works
- Apply Now
- Our Testimonials
- Contact Us
- How It Works
- Apply Now
- Our Testimonials
- Contact Us
- How It Works
- Apply Now
- Our Testimonials
- Contact Us
- How It Works
- Apply Now
- Our Testimonials
- Contact Us
- FAQ
WHAT WE DO
Own Your Dream Car Today
We seek to turn car ownership into a reality in Singapore through flexible and competitive financing solutions, one vehicle at a time
Competitive Interest Rates
Enjoy the best interest rates with favourable terms negotiated on your behalf.
Fast Approval
Snag your dream car with our loan approvals taking as fast as 1 to 2 days.
Expert Loan Guidance
Receive step-by-step support throughout the loan application process.
Flexible Loan Options
Minimise your monthly commitments by tailoring our loan options to your needs with up to 118 months in your loan tenure.
Competitive Interest Rates
Enjoy the best interest rates with favourable terms negotiated on your behalf.
Fast Approval
Snag your dream car with our loan approvals taking as fast as 1 to 2 days.
Expert Loan Guidance
Receive step-by-step support throughout the loan application process.
Flexible Loan Options
Minimise your monthly commitments by tailoring our loan options to your needs with up to 118 months in your loan tenure.
Expert Loan
Guidance
Receive step-by-step support throughout the loan application process.
Flexible Loan
Options
Minimise your monthly commitments by tailoring our loan options to your needs with up to 118 months in your loan tenure.
Competitive Interest Rates
Enjoy the best interest rates with favourable terms negotiated on your behalf.
Fast Approval
Snag your dream car with our loan approvals taking as fast as 1 to 2 days.
How Much is COE?
May 2025, 1st Tender
(Next Tender – 21 May 2025)
COE RATES
| Vehicle Type | April 2025 (1st Bid) | April 2025 (2nd Bid) | May 2025 (1st Bid) |
| --- | --- | --- | --- |
| CAT A | $97,724 | $99,500 | $103,0009 (+4%) |
| CAT B | $117,899 | $117,003 | $119,890 (+2%) |
| CAT C | $68,782 | $65,001 | $62,590 (-4%) |
| Vehicle Type | CAT A (1st Bid) | CAT B (2nd Bid) | CAT C (1st Bid) |
| --- | --- | --- | --- |
| April 2025 | $97,724 | $117,899 | $68,782 |
| April 2025 | $99,500 | $117,003 | $65,001 |
| May 2025 | $103,0009 (+4%) | $119,890 (+2%) | $62,590 (-4%) |
PQP RATES
| Vehicle Type | March 2025 | April 2025 | May 2025 |
| --- | --- | --- | --- |
| CAT A | $92,525 | $92,064 | $93,718 (+1%) |
| CAT B | $111,807 | $114,787 | $114,249 (-0.5%) |
| CAT C | $66,874 | $66,359 | $66,428 (+0.1%) |
| Vehicle Type | CAT A | CAT B | CAT C |
| --- | --- | --- | --- |
| March 2025 | $92,525 | $111,807 | $66,874 |
| April 2025 | $92,064 | $114,787 | $66,359 |
| May 2025 | $93,718 (+1%) | $114,249 (-0.5%) | $66,428 (+0.1%) |
THE MONEYMAX PROCESS
How It Works
Here’s a step by step guide to MoneyMax’s
convenient car loan process.
Financial Assessment
A thorough assessment of your financials will be performed.
Approval Notification
Receive an approved financing plan that is customised to your budget and vehicle goals.
Initial Consultation
Discuss your financial needs and preferences with our team.
Financial Assessment
A thorough assessment of your financials will be performed.
Approval Notification
Receive an approved financing plan that is customised to your budget and vehicle goals.
Initial Consultation
Discuss your financial needs and preferences with our team.
Financial Assessment
A thorough assessment of your financials will be performed.
Initial Consultation
Discuss your financial needs and preferences with our team.
Financial Assessment
A thorough assessment of your financials will be performed.
Approval Notification
Receive an approved financing plan that is customised to your budget and vehicle goals.
Have More Questions?
Find the answers in our FAQ section or contact us directly.
CAR FINANCING
Enjoy Exclusive
Loan Rates:
Enquire Now
Drive on With Our Reliable Loans
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Discover Our Auto
Financing Deals
Talk to us to learn more about MoneyMax car loan services
and how you can get started.
MoneyMax Leasing
7 Changi Business Park Vista, SOOKEE HQ S(486042)
Customer Service
FAQ
Your Questions
Answered!
Bank and in-house loans, what’s the pick?
We understand that it can be difficult to identify the right kind of car loan, so we are here to break it down for you:
- Credit History: Bank loans may be the more cost-effective option for you if you have a good credit history with its lower interest rates. Do note the potentially longer (and rigorous) approval process!
- Speed & Flexibility: In-house loans may be the preferred option for you if you are looking to get your car loan approved quickly, or require a longer loan tenure, or higher loan to value ratio.
To sum, bank car loans tend to provide the benefit of lower interest rates with a stricter criteria, while in-house loans offer greater flexibility to meet
the varied needs of our customers. Speak to us today to find out more today
Can I apply for a bank car loan via MoneyMax?
Yes, you can! We are a proud partner of most banks in Singapore and would be more than happy to refer your application to the bank(s) on your behalf. This way, we take the administrative hassle of applying to each bank individually away from you. Best of all, we do this at no cost to you!
FAQ 3: Are there any administrative or processing fees associated with your in-house loans?
Our administrative fees are typically priced from $300 and will be clearly stated in the approval advice that you receive.
Can I apply with a bad credit history?
As an alternative lender, our emphasis also lies on the value of the vehicle that is being purchase or refinanced. A bad credit history should not indefinitely exclude an individual from borrowing, and we believe that credit scores should be assessed alongside with the value of the vehicle. We will also encourage supplementing the strength of your application with an additional guarantor.
What happens if I cannot service my loan obligations?
Our in-house loans are regulated under the Hire Purchase Act. If a borrower fails to meet his/her obligations, he/she faces the risk of having their vehicle repossessed. Repossession is however considered as the last resort and our preferred course of action is to communicate with our customers to work out a solution that is mutually beneficial.
How long is your approval process?
We have a team of experienced professionals that will guide you in the application process. Assuming that we receive the entire set of documents required for the loan application (Vehicle Log Card, CPF statements for the last 12 months, NRIC), we strive to the turn the approval advice around between 1 to 2 days.
How can I contact customer support for further assistance?
For queries in relation to your instalments, please contact us directly at (Collections number).
For all other queries, including the early settlement of your vehicle loan, please contact us at [email protected].
Have more questions? Find out more in our FAQ section.
MoneyMax Financial Services Ltd.
Company Registration No. 200819689Z
7 Changi Business Park Vista, #01-01, SOOKEE HQ, S486042
OUR SERVICES
- Pawn with Us
- Online Valuation
- Car Drivers
- Car Dealerships
- Property Loan
- Online Valuation
- Car Drivers
- Car Dealerships
- Property Loan
- Sell To Us
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