Terms & Conditions
- Residual value is 90% of PARF at 10 years
- GIRO compulsory
- Insurance with Teck Wei compulsory
- Shorter tenure or higher residual value can be arranged.
- An option to sell PARF paper to Teck Wei @ 1.5% (min $ 200) at the end of 10 years of car
- For car rental company (UBER or GRAB included)- 4.5%
- For individual (MAS 60%-70% rule applies) - 4.5%
Please email email@example.com to avail the Balloon Scheme.