Q1. What is the procedure of any bespoke/custom vehicle import order ?

Import Video Guide HERE

Q2. What is the payment schedule?

The payment milestones for the car purchase are summarized in the table below.

S/No. Payment Milestones Date
1 Booking deposit $5,000* Upon signing of sales agreement
2 CIF to overseas exporter Before vehicle shipment to Singapore
3 COE bid deposit (if applicable) Prior to COE bidding by seller
4 Customs excise duty & GST Singapore customs clearance
5 Balance payment (less loan) Before vehicle registration
* Except for performance & premium car models

Q3. Where will the vehicle be stored before delivery ?

Prior to delivery, the vehicle will be temporarily stored at Entrepreneur Business Centre @ 18, Kaki Bukit Road 3, Singapore 415978.

 

Q4. How long will it take before buyer can drive off the vehicle ?

Typically, it should take 3-5 months, depending on the origin of the car as well as whether it is a ready stock or a factory build vehicle.

 

Q5. What is the new car financing interest rate ?

Currently, the loan interest rate for new cars is 2.28%. To know the loan installment amount, you can try this loan calculator.

 

Q6. How long will it take for COE to be bidded ?

We offer a value-added service to bid for the COE on the Buyer's behalf though we do not profit from the process.

However, the Buyer can also opt to do self-bidding of COE.

You can view the latest COE bidding results here.

 

Q7. Does the vehicle come with any warranty ?

Yes, the vehicle that our company imports in for you comes with a comprehensive 5 years warranty coverage.

For continental vehicles, the warranty programme will be underwritten by QBE Insurance (Authorized workshop: MBM WheelPower) or Liberty Insurance (Authorized workshop: Optima Werkz).

For Japanese vehicles, the warranty programme underwriter will be MSIG Insurance (Authorized workshop: Hitachi Capital).