The Straits Times: Car loans in S’pore up amid EV boost; loan rates unlikely to fall (Featuring Jonathan Wong)

Car loans, including those for electric vehicles (EVs), have increased in 2024, reflecting the growing popularity of EVs in recent years.

Meanwhile, banks and finance companies are claiming that there are no indications of borrowers facing difficulties in making their monthly car loan repayments.

Jonathan Wong, Wealth Manager at Phillip Wealth Advisory, shares his views on this topic.

The Straits Times subscribers can read this article at: 
https://www.straitstimes.com/business/car-loans-in-s-pore-up-amid-ev-boost-loan-rates-unlikely-to-fall 

Connect with Jonathan Wong at https://www.phillip.com.sg/sg/talktophillip/jonathanwzx/

For more info or queries, visit www.phillip.com.sg or email talktophillip@phillip.com.sg 

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