Owning a car in Singapore is more than just a convenience—it’s a symbol of independence and personal freedom. As we move through 2025, this dream is becoming increasingly attainable, thanks to a range of competitive Car Loan Singapore options offered by trusted financial institutions. This article explores some of the best car loan providers in Singapore, offering insights into services that could help turn your dream car into a reality.
Top Car Loan Providers in Singapore
| Car Loan Providers | Services | Customer Satisfaction | Overall Score |
| Speed Credit | 9.9 | 9.9 | 9.9/10 |
| UOB COE Car Loan | 9.0 | 9.0 | 9.0/10 |
| Hong Leong Finance | 8.0 | 7.5 | 7.75/10 |
| OCBC Bank | 9.0 | 9.0 | 9.0/10 |
| Accredit | 8.5 | 9.0 | 8.75/10 |
| Lendela | 9.9 | 9.9 | 9.9/10 |
Speed Credit: Making Car Ownership Seamless
Speed Credit stands out as a leading car financing provider, thanks to its strong partnerships with banks, insurers, and financial institutions. With a seasoned team boasting over five decades of combined experience, they have successfully processed more than $1.7 billion in car loans for over 55,000 satisfied customers.
They are known for offering some of the lowest interest rates in the market, along with flexible financing packages tailored to individual needs. Whether you’re purchasing a new vehicle or refinancing an existing one, Speed Credit provides a comprehensive solution.
- Address: 50 Ubi Avenue 3 Frontier, #01-01/02 Singapore 408866
- Contact: +65 6444 4400
- Hours: Mon–Fri (excl. public holidays): 9 AM – 6 PM
UOB COE Car Loan: Extend the Life of Your Ride
If you’re not quite ready to say goodbye to your current vehicle, UOB’s COE Car Loan offers a practical solution. You can finance up to 70% of the car’s price or valuation with a fixed interest rate of 2.88% per annum. Loans are available for a 10-year period, providing both longevity and financial clarity.
- Branches: Available across Singapore (visit UOB website for details)
- Contact: 1800-388-2121
- Hours:
- Mon–Fri: 9:30 AM – 4:30 PM
- Sat: 9:30 AM – 12:30 PM
Hong Leong Finance: Trusted Since 1963
With a rich heritage dating back to 1963, Hong Leong Finance remains a reliable choice for car loans. They offer competitive rates—starting at 2.78%—for new car purchases. Borrowers can access up to 70% financing, with flexible loan terms ranging from 1 to 7 years.
- Branches: Locations islandwide (refer to their website)
- Contact: Varies by branch
- Hours:
- Mon–Fri: 9 AM – 4:30 PM
- Sat: 9 AM – 12 PM
OCBC Bank: Smart Financing for Your Next Car
OCBC’s New Car Loan package combines affordability with convenience. With a competitive rate of 2.78% per annum and a tenure of 1 to 7 years, this loan option is ideal for buyers of petrol or diesel cars. OCBC also provides early loan amount approval, helping you plan ahead with peace of mind.
- Address: 65 Chulia Street 01-00, OCBC Centre, Singapore 049513
- Contact: +65 6363 3333
- Hours: 24/7 customer support hotline
Accredit: Empowering Borrowers for Over 20 Years
Accredit has carved a niche in the lending space with over 20 years of experience and more than 200,000 clients served. Besides car loans, they offer a variety of financing solutions, all accessible through a smooth online application system. Their emphasis on customer convenience and financial education makes them a standout in the industry.
- Branches: Multiple outlets (see website for locations)
- Contact: Varies by outlet
- Hours:
- Mon–Fri: 10 AM – 8 PM
- Sat–Sun: 10 AM – 5 PM
Lendela: Your Personalized Loan Matching Service
Lendela is a FinTech platform that simplifies the often-complicated loan process. By comparing loan offers from multiple providers, they help customers find the best rates and terms to suit their budgets. The fast, transparent service and user-friendly interface make Lendela a go-to solution for those seeking efficiency.
- Address: 10 Anson Rd, #05-01 Singapore 079903
- Contact: +65 6964 0636
- Hours:
- Mon–Fri: 9 AM – 7:30 PM
- Sat: 10 AM – 3 PM
Final Thoughts
The path to car ownership in Singapore is smoother than ever, with a wealth of reliable financing options. Whether you’re buying a brand-new ride or extending the lifespan of your current vehicle, these providers offer trusted services, flexible packages, and competitive rates. By choosing the right Car Loan Singapore provider, you’re not just financing a vehicle—you’re unlocking freedom on your terms.
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