Yeah It's true, This is my bad experience with Public Bank car loan, the Public Bank idiots worker seem 'holding' my applications till the interest increasing this month, It's has been more than 2 weeks and I still don't know what is the status of my applications. Whenever I call they said still processing, why just don't tell me that they are waiting for the interest increasing.
From my experience with Public Bank, my results is PUBLIC BANK CAR LOAN IS SUCKEST even most car dealer suggest them because low interest.

They should change PUBLIC BANK to PUBIC BANK.    

They increase HP rate, stress level among Malaysians are increased too. Seriously, if to protect national cars, just increase those imported ones la.

i heard 2nd car is like 5% already!!

haizz... actually i wan to buy Myvi in dis year wan ..~ mana tau 7 yrs installment from 3.65% increase til 4%~
quite 'jialat' ... then i plan now is Aug edi, later take 2-3 months mayb around Oct i manage to get the car...
but think twice,later next 2 mths, the car consider as 1 year edi..i feel not worth lo...
plan to buy car on next year.. but i HEARD dat.. coming up dis few months, the car interest will increase again * Really?!
... shit ...
if increase again, i mus rush to buy car dis year ..
Perodua Myvi standard or Ezi (auto) and Suzuki - Alto (auto)  ..dis 2 car..
which one better huh ? sumore engine for myvi 1.3 and alto 1.0 oni...

7yrs loan interest for Perodua and Suzuki is the same ?

please provide me ur opinion...thanks

May be they want to increase the interest rate back to the 90s level. Subsidized hire purchase interest rate from several government bodies which only government servants are entitled to was around 4% while hire purchase interest rate from commercial banks was around 6%.

hey, im 20 years old this year. im going to buy a used car. can my brother who is 23years old be my guarantor ?

say guys. if i  wanna get loan car for 40,000 and

loan for 1) 3 years
            2) 4 years
            3) 5 years

what will my interest rate be for each cases.
any bank would do. the lower the interest rate the better.

tq

Is it this is a best time to buy car b4 it go up again or better waiting?
Planning to grab a new car since i had used an old car for abt 4 years since working, did not buy any car yet.

haih, ok2 thanks.. will call eon bank..

Hi, just check with dealer, interest rate is 3.28% for 9yrs by maybank for loan 70k. Rhb bank or publicbank maybe can give better, will check it with them later. Any suggestion for other possible bank that can give lower?

how bout <10 years car can still get loans?

What is the current car loan interest rest for a Proton Saga LMST 2005 year with Rm13K, for less than 5 year? Which bank is the most faster and easy to get?

Do people submit loan application 1st to dealer or book the car 1st?

me also thinking of Vios J(manual)...

Just called a few banks to find out on the latest used car loan interest rate today. My enquiry was base on a 30K Loan for Car Model 2007, Hyundai

Alrajhibank (1300 82 6000)
3 years - 4.55%
4 to 5 years - 5%

Public Bank (1800 22 7777)
3 to 5years - 4.4%
7 years - RM4.55%

Maybank (Auto Finance PJ Branch 0379576155)
5 years - 4.4%
6 to 7 years - 4.55%
8 to 9 years - 4.65%

CIMB (Auto Finance PJ Branch 0379584713)
5 years - 4%
7 years - 7%

RHB (Auto Finance 0321646320)
* Only provide to existing RHB customer & spoken to a very snobbish person*

It's pretty clear that CIMB offers the best rate so far, if you come across with better interest rate, appreciate if you could share with me.

---

Added on September 28, 2010, 3:21 pm
Sorry typo mistake!

CIMB (Auto Finance PJ Branch 0379584713)
5 years - 4%
7 years - 4.1%

HI,

I am intending to get a Exora and talked to my dealer on loan.

I intended to borrow 20k loan only but he said that the minimum loan required to 25k. Wondering if this is true?

And, I thought of taking 3 years term only, he said he worried that can't get loan with such short term, is this true as well?

Please advise.

Thanks

hey hey i have a problem here, currently planning to buy a 10+ year car ,so have to make a personal loan, i wonder where can i do that , today went to PBB ask loan department , they say don't provide personal loan? is it because i am in a kampung area or?.... around 40k easy to get?

i am trying to get a car loan actually, maybe by CIMB. i got see at their website that 12 year and above car loan interest rate, so maybe i got a chance.. I hope so .... very love the look of the car and the engine inside lo...H22A JDM spec somemore..

The honda price at 26k after less...i afford rm650 monthly, with a down payment around rm8 k. but the problem is, the bank only approve loan not below rm20k after down payment...if i pay down payment rm 8k, the car is not entitled for the loan, but if i pay less ..that mean my interest will go up high for period of 4 year loan only.  should i give kopi o to the car dealer to up the price in paper to ..erm maybe 32k ..and then take the 6 thousand extras as poket money ... ..and negative rm1k to the dealer ...

note . interest will be 9 to 10% ++

Hi, need help here. Im from Kuching. My monthly income RM15xx and I plan to get a P2 new car that only pay RM48x.xx a month after down payment. That sales advisor said loan comfirm approve.NOW need guarantor!! That banker said I'm under age. Already 21, still under age???
21 still under age???!!!!!!!!!!!!!!!!!!        

4.25%? how much you plan to loan for? i tot the interest rate is 4.1% for 9 years? dun tell me it increased again...

wah, i never expect a shorter tenure would post a higher interest rate.
for 7 years, the interest rate should be 4.0%, isn't it?

I'm not bluffing you dude.. this is my story

I went to perodua.. and see this cute salegirl  

chat a lil bit  and then she show me myvi brochure.. (I planned to purchase Myvi SE RM53 400 with 10k downpayment)

if you take 9 years loan, interest rate will be = 4.25 % 

7 years = 4.15 %
6 years = 4.15 %
5 years = 4.00 %
4 years = 4.00 %

So, the next day I walk to Public Bank and Maybank - they told me the same thing = 4.25 % - TAKE IT OR LEAVE IT!!

oh my...