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Sunday, June 18, 2006

NTUC Income will support parallel importers of cars

NTUC Income will support parallel importers of cars in the following ways:

- get customers for them
- provide financing
- provide warranty, damage and liability insurance

We have made contacts with several parallel importers who are willing to bring in cars on the orders from our customers.

We hope to be able to save a few thousand dollars to car owners for the purchase of their cars, including COEs, and also on the cost of servicing their cars (as the general workshops are able to reduce the cost significantly).

Wait for further announcement.

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