SINGAPORE - Car loan quantums hit 10-year high in 2012 even as delinquency dipped to its lowest in 10 years too, according to a study conducted by the Credit Bureau Singapore (CBS). According to the CBS analysis on car loans from 2003 to 2012, motorists took new loans with an average principal amount of S$90,401 last year, a 130.8 per cent increase from S$39,161 in 2003. Despite the heavier debt commitment, 2.69 per cent of car loan holders had an instalment that was overdue by more than 30 days in 2012, the lowest in 10 years. CBS data also showed that the demand for new loans for motor vehicles dipped to its lowest in 10 years in the last three years. In 2010, 2011 and 2012, consumers took up 65,398, 64,807 and 64,838 loans, respectively.