More gloom for used-car dealers + Eurokars

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#12
The "fine-tuning" arrives...Big Grin

Singapore makes temporary concession on used cars loans

ingapore’s central bank said on Friday it will temporarily lift loan restrictions on purchase of second-hand vehicles to help car dealers stuck with inventory bought at relatively high prices.

The Monetary Authority of Singapore (MAS) said the restrictions will be lifted for a period of 60 days and applied to cars that were part of dealers’ inventory prior to Feb 25 when measures to cool the market were introduced.

http://www.theedgesingapore.com/the-dail...oans-.html
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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RE: More gloom for used-car dealers + Eurokars - by CityFarmer - 05-04-2013, 09:46 PM

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