Hello LYN members,

I planned to buy a new car, which bank provide the best/lowest interested rate for car financing? My dream car interest rate as following:
Myvi - 3.5
Proton - 3.65 (heard some can get 3.6)
Naza bestari - 3.5

My friend advised to ask around each bank to get the lowest interest rate, I'm thinking the same too, but I would like to shorten the time searching for car financing, your comment would be much appreciated. Thank you.

Thanks for the advice everyone, I'll ask around and limit to the bank as mentioned.

maxizanc, my cousin just bought a Vios on April this year, the interest rate is 2.38 for 7 years, 2.88 for 9 years. But now I not sure, I would like to know this too. Will ask my SA next week.

Well, how to know if a bank offer lower interested rate? Have to check with the bank from time to time? Is there any formal announcement from the bank? Thanks.