V-Kar Traders

Bank Financing

Applied for a loan but got rejected? Or think you are not eligible for one? We work with major banks to provide you with the best loans and interest rates starting from 1.88% onwards (for new, used, commercial, and private hire cars).

In-House Financing

We also provide in-house financing with interest rates starting from 1.88% (for new, used, commercial, and private hire cars).

Eligibility Criteria

Ages 18 - 21 (Must be accompanied by a guarantor), 21 & above
Nationality Singaporeans, Singapore Permanent Residents, Foreigners

Documents Required

  • Loan application form (completed and signed by applicant)
  • Copy of NRIC (front and back)
  • Income documents
    • Last 2 years Notices of Assessment
    • Latest 12 months CPF contribution statement, OR
    • Latest 3 months computerised payslips
  • Sales and purchase agreement of purchased vehicle
  • Copy of PARF or COE Rebate for registered vehicle

Insurance

Scouting for insurance for your personal or commercial car? We work with more than 10 top insurance companies in Singapore to provide you with the best policies and quotes possible. We will also handle all your paperwork to ensure that you enjoy a seamless experience.

We offer installment plans for your insurance purchase.

Vehicle Consignment

Vehicle consignment means allowing us to sell your vehicle while you continue to drive it until it is sold. Our experienced team will handle every step from taking pictures of your car, marketing your vehicle, handling inquiries from potential buyers, to the paperwork when a deal is closed. The entire process will be done at the comfort of your doorstep.

Car Inspection / Evaluation

Not sure if the car you are buying has any damage? Our mechanics will help you check within minutes.

Expatriate Car Retail

Buying a car in Singapore can be a tedious process for expats. We provide purchase services, loans, and insurance quotes to expats in Singapore. The result? A quick, hassle-free car purchase. Our car experts have decades of experience in car transferring and insurance* transferring. We will also handle all paperwork for you.

*Inclusive of NCD transferring

V-KAR Traders - BMW