Discount of $500 ??

Some dealers offer a further discount of $500 to the purchaser who agrees to insure the car with their tied insurer.

The premium charged by the tied insurer is much higher than NTUC Income. After the $500 discount, the difference is quite small. If you are already enjoying a loyalty discount of 5% from NTUC Income, it is better to stay with us.

Model                     Tied     NTUC  
                          Insurer  Income
Honda Civic 1.8 Sedan 5   $1995    $1575  
Honda Jazz                $1680    $1280  
Nissan Sunny 1.6 EX Auto  $1578    $1319  
Vios 1.5 Auto             $1578    $1172  

The difference in premium could be $400 a year. If you insure for 10 years, you may be able to save $4,000 by insuring with NTUC Income.