WhyMoolah: Keep COE prices down

Press release -Singapore, 25 February 2014

Unsure if you can afford a car? Simulate the car purchasing process with WhyMoolah. Download the App today to win Real Rewards including discounts on your car loan and a 3-day Mazda 3 driveaway!

Rising COE costs and the price of cars in general can make owning a car in Singapore next to impossible – especially for young adults. Additionally, there’s the technical jargon and complicated calculators to wade through before you can roughly determine how your purchase will impact your savings and budgets. WhyMoolah gives you the unique opportunity to “try before you buy” – to calculate the costs and visibly see the impact of your purchase before taking the plunge. Backed by DBS, the WhyMoolah App provides a powerful demonstration of how current lifestyle decisions play out in the future, and the Car Lifecard extends this ability to include one of the major decisions young adults face.

WhyMoolah is currently offering some great incentives via DBS’s Real Rewards. Complete and submit the Real Rewards form by 28 February 2014 and stand a chance to win a 3-day Mazda 3 Driveaway. Already decided on a car? The first 20 users who apply for a DBS Car Financing Package (“Auto Loan”) successfully by 31 March 2014 will receive a 0.1% p.a. off the prevailing DBS Car Financing Package interest rate!

The WhyMoolah App is free for download on the Apple App Store and Google Play. There is also a community page on Facebook.