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 Car loan interest Rate in 2010, what is the current rate??

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janic_ong
post Aug 11 2010, 12:08 PM

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I think the interest rate for local car is more higher than imported car but the price of imported car is more expensive than local car~~~
edyek
post Aug 11 2010, 12:22 PM

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QUOTE(janic_ong @ Aug 11 2010, 12:08 PM)
I think the interest rate for local car is more higher than imported car but the price of imported car is more expensive than local car~~~
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You totally have no idea what you are talking about.

*Brooke_ong, Sydney_ong your brother and sister or your duplicate account? All with useless replies.
mido_youhei
post Aug 11 2010, 01:26 PM

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what is d car loan interest now? both national and imported
csling85
post Aug 11 2010, 02:03 PM

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QUOTE(koh_424 @ Aug 11 2010, 08:02 AM)
i also heard few rumor talking bout will increase interest rate in October. but dunno is true or not.

P2 Myvi & Suzuki Alto also very suite for city drive  smile.gif . i haven go showroom view the real Alto but i owned a Myvi. wat i can tell u bout Myvi is quite plasticky feel. n then sum parts in the car later will create sound to annoy u. then power window switches is the famous problem  thumbup.gif .

try to test drive both then only make decision.  blush.gif
*
ya.. need to test drive..

issit myvi power window switches hv lots of problem huh? aikss..
ya.. i heard my fren complain that drove for few months, started to hv sound edi..haha..

but .. myvi engine is 1.3 and alto is 1.0
i'll take 1.3 engine instead of when i go travel or wat .. the engine is more powerful (speed faster).. than 1.0 engine..
unless Suzuki's 1.0 engine is powerful than Myvi's 1.3 la.. haha..

7 yrs loan interest for Perodua is 4%
Suzuki is 3.15% issit ? correct me if i'm wrong..

dis 2 car aft calculation.. the montly installment around the same range wo..

Myvi can discount up to RM 700
how about Suzuki ? can discount up to how much ?
since i nv survey for Suzuki before..

This post has been edited by csling85: Aug 11 2010, 02:15 PM
iostream
post Aug 11 2010, 02:34 PM

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QUOTE(csling85 @ Aug 11 2010, 02:03 PM)
ya.. need to test drive..

issit myvi power window switches hv lots of problem huh? aikss..
ya.. i heard my fren complain that drove for few months, started to hv sound edi..haha..

but .. myvi engine is 1.3 and alto is 1.0
i'll take 1.3 engine instead of when i go travel or wat .. the engine is more powerful (speed faster).. than 1.0 engine..
unless Suzuki's 1.0 engine is powerful than Myvi's 1.3 la.. haha..

7 yrs loan interest for Perodua is 4%
Suzuki is 3.15% issit ? correct me if i'm wrong..

dis 2 car aft calculation.. the montly installment around the same range wo..

Myvi can discount up to RM 700
how about Suzuki ? can discount up to how much ?
since i nv survey for Suzuki before..
*
i'm not sure about the exact interest rate for suzuki.
but the hp rate set by our lovely bn gov is based on the cc of your car, both alto and myvi fall under the same category.
nicholastze85
post Aug 11 2010, 03:50 PM

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anyone can provide me the calculation for proton persona price and loan if i plan to loan it around 7 years or 9 years..


im quiet blur about the interest rate calculation
csling85
post Aug 11 2010, 05:35 PM

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QUOTE(nicholastze85 @ Aug 11 2010, 03:50 PM)
anyone can provide me the calculation for proton persona price and loan if i plan to loan it around 7 years or 9 years..
im quiet blur about the interest rate calculation
*
oh..like myvi is 46900 ,
down payment RM 5000

equals to 41900 rite ?
41900 x 4% = 1676 ( 1 year interest)
1676 x 7 yrs = 11732

so take 41900+11732 = 53632 / 84 months (7yrs)

so it means each month u've to pay RM 638.50

correct me if i'm wrong..
MilesAndMore
post Aug 11 2010, 05:45 PM

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QUOTE(csling85 @ Aug 11 2010, 05:35 PM)
oh..like myvi is 46900 ,
down payment RM 5000

equals to 41900 rite ?
41900 x 4%  = 1676 ( 1 year interest)
1676 x 7 yrs = 11732

so take 41900+11732 = 53632 / 84 months (7yrs)

so it means each month u've to pay RM 638.50

correct me if i'm wrong..
That's correct icon_rolleyes.gif

bighead85
post Aug 11 2010, 07:07 PM

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thanks so much...
blahbleh
post Aug 13 2010, 11:29 PM

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Another spam bot?
Monchhichi
post Aug 17 2010, 07:23 PM

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hey, im 20 years old this year. im going to buy a used car. can my brother who is 23years old be my guarantor ?
koh_424
post Aug 18 2010, 06:58 PM

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QUOTE(Monchhichi @ Aug 17 2010, 11:23 AM)
hey, im 20 years old this year. im going to buy a used car. can my brother who is 23years old be my guarantor ?
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should not b a problem on tat. but make sure ur brother got work la tongue.gif
reeve-826
post Aug 20 2010, 09:36 AM

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HOw much for the used car rate nowaday??? Let say used car aorund 3 years.
limpe88
post Aug 20 2010, 10:18 AM

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during recent exposures with diff banks when buying my 8 yr old used car, the rate were:

4.00% to 4.75% (5 yrs)

PBB/RHB/MayB/CIMB

also depends on the tenure of loan. the longer the lower.
bob
post Aug 20 2010, 11:25 AM

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QUOTE(reeve-826 @ Aug 20 2010, 09:36 AM)
HOw much for the used car rate nowaday??? Let say used car aorund 3 years.
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AMb can give 4.8% for 9 yrs loan
amount of loan, its depend on the which branch u go....
kathyasir
post Aug 20 2010, 12:50 PM

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Hi all.. Mazda 2.. Eon is giving 3.4% - 9 years loan.

is this standard ? kinda worry. i havent confirm with then yet.

is there any other bank that can give lower interest ??

Thankz.
Ken_HP
post Aug 20 2010, 05:11 PM

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just bought a myvi
interest given :
5 yrs : 4%
7 yrs : 4.15%
9 yrs : 4.25
csling85
post Aug 20 2010, 10:16 PM

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QUOTE(Ken_HP @ Aug 20 2010, 05:11 PM)
just bought a myvi
interest given :
5 yrs : 4%
7 yrs : 4.15%
9 yrs : 4.25
*
7yrs interest = 4.15 % ??????

omg .. so high already, cos last month i asked they said 7 yrs car oni 4%

may i noe which bank u used ?
solsekuin44
post Aug 20 2010, 11:26 PM

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Just bought a Myvi too.. Maybank, 4.1%. 9 years.
edyek
post Aug 21 2010, 08:45 AM

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QUOTE(kathyasir @ Aug 20 2010, 12:50 PM)
Hi all.. Mazda 2.. Eon is giving 3.4% - 9 years loan.

is this standard ? kinda worry. i havent confirm with then yet.

is there any other bank that can give lower interest ??

Thankz.
*
Are you sure? 3.4% is kinda low. The latest interest for foreign car is 3.90% and that is some bank such as RHB still go for 3.75% (also raise to 3.90% since 15.08.2010).

This post has been edited by edyek: Aug 21 2010, 08:45 AM

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