used car interest i think is ard 4.25% rite? but also depends on the age of the car la.

just wondering "cyjh" purchase wat car can get so low loan.

CBU Car - Hong Leong - 115K 7 Years - 3.1% approved.

nice oh..loan more and lesseer can get better rate ?

great interest rate u got there. mind to share wat brand of ur car tat make bank approved tis interest rate?

This post has been edited by koh_424: Jul 16 2010, 07:50 PM

Mazda 3 Jap Car..

i just applied car loan at 3.85% from CIMB yesterday

woooooooooo 3.1% so nice

i got my 70k loan for 3.15%/ 9 years
car already arrive now need to wait for number plat since i wan select my favorite number
hope this Monday my number is out

saiga,
Sorry, the correct answer is the one stated by yeezai. Risk management 101. High risk high return. Simple as that.
Besides, return is not measured in absolute term, it's measured in percentage term.
If your theory above is correct and if I'm a banker, I won't lend to bmw buyer. I'll find more proton buyers. With a capital of 300K,
lending to bmw buyer will only get me a return of 4,140. But if I were to lend to 6 proton buyers, my return will be 10,500.

the star paper bmw advertised 1.88% for 5yrs... bmw fans

lol..so low. any hidden terms on it?

wow..i don even care for the int since i bought new vios E on mac 2009. Now really shock for the new interest is about 3.5-4.XX...i'm a bit lucky buy last year which is int is 2.5%. from the interest it seem that the monthly payment for manual J vios is same like my vios E..

Myvi have fixed interest rate 3.5% for 5 years n 4.00% for 7 years. Applicable for all bank.

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Added on July 12, 2010, 5:08 pm
i think should be new....2nd hand wont be that low....

[/quote]

new car and not local.
you know wat; eon gave even lower at 2.95% if i did not apply for pbb first. eon say they cannot undercut pbb and mbb. so wth?

How about for 9yrs?

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Added on July 20, 2010, 10:45 pmMay I know how many % for current pre-urg car loan rate? Let say a bmw 525i rm230k 9yrs.

This post has been edited by solution126: Jul 20 2010, 10:45 PM

I think 3.1% is for new car and if you get used car, it's definitely higher

sigh i want buy forte, loan 60k or 70k depends on the monthly installment i have to pay..

but too bad few dealer say its 3.85 for 9 years. few weeks ago still can get 3.0%...

postpone and live with my 2 years old blm first ? or just do it ?
blm have no problem, it's just that i like forte design and specs..

Try ask other bank? Also same?

Well, if you need to take a 9 year 70k loan, I do advice you to stick to you BLM la bro. The money lost to the 3-4% interest can be used for far better things!

agree. also, the interest rate i think would not different much from each bank. coz increase rate is ordered by BN.

Car i ask for is 08' Toyota Camry 2.0G spec.
Hire Purchase Bank is Public Bank. I have Saving Acc, Current Acc, Credit Card and all my previous HP loan are from Public Bank. Good and clean record !!!
The interest i was given on April by the car dealer is 3.75%. Today, the car dealer says the interest rate is 4.5% !!! He says can make a special request from the joint promotion bank for 4.25%. He says take it or leave it. Will raise somemore wor !!!
Did you guys submit any HP loan this few days ?? Can confirm this ??