For proton pesona..
which bank can get lowest rate??
less than 3.5% for 9 year

3.25 % for 9 years for Honda from Affin Bank

Any rates from Alliance Bank? It seems with RM 200k hire purchase loan, you can join their privilege banking

really???? when u apply ????
because other banks rate now is 3.75% for 9 years... (no matter what car u buy)

as i know , the rate is standard for the whole country...
unless u tell me affin is under the islamic bank so can offer special price...

is it just for bumi ???

It's 4.1% for national cars if 9 years, 3.9% for 5 years now.

Interest rate can go as lowa t 2.8% i think if the car maker have a deal with the bank. Only the national car ones are set.

The next OPR will be revised:-

- 8 July 2010 (Thursday )[COLOR=red]
- 2 September 2010 (Thursday )
- 12 November 2010 ( Friday )

Take note on this date & do comparison on the interest rate.

Kadar Faedah Baru (NEW CAR)
1400cc kebawah :
5 tahun - 3.85%
7 tahun - 4%
9 tahun - 4.1%

1500cc - 1800cc
5 tahun - 3.5%
7 tahun - 3.75%
9 tahun - 3.85%

1801cc keatas
5 tahun - 3.4%
7 tahun - 3.6%
9 tahun - 3.75%

i saw one posting at mudah.my today
i dunno if for local only or both

Should be OPR revision ... The rate can either be kept unchanged, increased or decreased.

THe Bank Negara really want to make life for those who are poor and middle class difficult... Why give such high rates for such cars. Are they punishing the poor?

19.6.2010 i manage to get 3.1% from Eon Bank for 7 years - non national.

This post has been edited by gladfly: Jun 22 2010, 05:13 PM

bravo bro....
nice rate

Mine was just approved yesterday.
3.10 % 9 years Honda City also from Affin

wau..great interest u got there..

New car or 2nd hand ?

Hi all,

im is newbie for this loans thing..
intend to buy vios 2004 1.5e..
the car is 48k..pay downpayment 8k.the rest is going to be loan.
go to those bank
-public bank 4.4% 7 years
-rhb bank 4.5% 7 years
-cimb bank 4.5% 7 years

is the interest rate normal??
or a bit high??
PLS ADVICE GUYS..REALLY NEED UR HELP

i think this a new car

I think it's normal Cause the rate edi increased...

the rate of it should b fine for tis moment. coz newspaper already post it increase 0.5%.

Is it possible to get loan form under rm450k car with 80% loan with 8k salary?

with 9 year loan @ 3.5%

You still need 4383.333 per month if you no comitment then may consider but 450k car the insurance will cost you a lot

if 7 year or lower then easy 6k++ per month