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Car loan interest Rate in 2010, what is the current rate??
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ipayallan
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Sep 30 2010, 05:32 PM
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New Member
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HI ALL,
i'm planning to buy Ford Fiesta and i'm for 70k loan for 7years. Ask CIMB Islamic, give 3.1% 7years, is there any banks provide lower interest rates for new car?
Please advice,
best regard.
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lsl4231
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Oct 1 2010, 05:25 PM
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New Member
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Hi all, How about buy a used car from the owner ?
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junnie87
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Oct 2 2010, 12:36 PM
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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
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koh_424
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Oct 2 2010, 01:46 PM
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QUOTE(junnie87 @ Oct 2 2010, 04:36 AM) 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 not sure bout the amount the bank approve. but for the repayment terms should not b any problem to loan with. last time i took my loan from PBB. the manager told me is available for the loan repayment terms in 3yrs.
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pitywoman
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Oct 3 2010, 01:42 PM
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how about 15k loan for 3 years repayment? any idea for msia car?
Added on October 3, 2010, 1:44 pmhow is the bank interest
This post has been edited by pitywoman: Oct 3 2010, 01:44 PM
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QSR10
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Oct 3 2010, 02:07 PM
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Getting Started

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QUOTE(pitywoman @ Oct 3 2010, 01:42 PM) how about 15k loan for 3 years repayment? any idea for msia car? Added on October 3, 2010, 1:44 pmhow is the bank interest i'm not sure about amount. but interest rate for 3-5 years is same.
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MaxWealth
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Oct 4 2010, 12:03 PM
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Can i know what's the interest rate for non local 5/7/9 years?
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MichaeZzz
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Oct 4 2010, 08:42 PM
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New Member
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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?
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Encik012
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Oct 5 2010, 12:15 AM
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QUOTE(MichaeZzz @ Oct 4 2010, 08:42 PM) 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? no... personal loan depend on ur salary or income usually 5 time ur salary u try other banks like Hong Leong Bank,OCBC,CIMB,etc to compare which one have lowest interest n better service
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koh_424
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Oct 5 2010, 04:22 PM
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QUOTE(MichaeZzz @ Oct 4 2010, 12:42 PM) 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? not to say kampung or wat. is just PBB is giving the personal loan to the government sector. last time i also asked them b4. try go others bank for the PL.
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billie bonka
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Oct 5 2010, 11:16 PM
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heard CIMB is giving 4%, lowest in the market for used car... worth trying.
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elv2k
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Oct 9 2010, 08:56 AM
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QUOTE(junnie87 @ Oct 2 2010, 12:36 PM) 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 Yes, you can get low amount with short tenure. But the bank will adjust your interest rate.
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zero_hour
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Oct 11 2010, 05:38 PM
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HEY!!someone confirm for me pleaseee...my friend said car loan interest down to 2.++% is it true?
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who_care
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Oct 11 2010, 06:13 PM
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QUOTE(zero_hour @ Oct 11 2010, 05:38 PM) HEY!!someone confirm for me pleaseee...my friend said car loan interest down to 2.++% is it true?  i dont thing this is true because interest rates always increase maybe promotion for new import car
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zero_hour
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Oct 11 2010, 08:38 PM
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QUOTE(who_care @ Oct 11 2010, 06:13 PM) i dont thing this is true because interest rates always increase maybe promotion for new import car  sy kecewa  ...the new walksegen Polo so nice
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makky
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Oct 11 2010, 11:50 PM
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I got question to ask about used car loan, i am planing to get a honda accord year 1994 price at rm27000. Do i still can get loan for this car? or i can adjust the price to get the loan, maybe to rm30k . Or should i get a personal loan for cheaper interest? but my curent salary is 1.5k only X by 5 time is only can get personal loan for 7500 only.... please help me..thank. This post has been edited by makky: Oct 11 2010, 11:54 PM
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who_care
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Oct 12 2010, 09:37 AM
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QUOTE(makky @ Oct 11 2010, 11:50 PM) I got question to ask about used car loan, i am planing to get a honda accord year 1994 price at rm27000. Do i still can get loan for this car? or i can adjust the price to get the loan, maybe to rm30k . Or should i get a personal loan for cheaper interest? but my curent salary is 1.5k only X by 5 time is only can get personal loan for 7500 only.... please help me..thank.  u ask for car loan or personal loan? personal loan = max 5 time ur salary (rm1.5k X 5 = rm7.5k).interest rates is high compare to car loan... car loan = hard to get loan for 16 years old car... This post has been edited by who_care: Oct 12 2010, 11:56 AM
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MIVECburuk
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Oct 12 2010, 12:11 PM
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I got a 2001 wira 1.5 manual, let's say if i wanna sell it for about rm8k, how much loan can the buyer get?
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Robin Liew
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Oct 12 2010, 08:34 PM
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Getting Started

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QUOTE(ipayallan @ Sep 30 2010, 05:32 PM) HI ALL, i'm planning to buy Ford Fiesta and i'm for 70k loan for 7years. Ask CIMB Islamic, give 3.1% 7years, is there any banks provide lower interest rates for new car? Please advice, best regard. you cant afford it dont take a 7 yr loan for a car max is 4... 3 yrs is best choose a cheaper car
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lifeless_creature
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Oct 12 2010, 09:20 PM
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honda accord 2.68% and civic 2.90%...others not sure..just saw from www.honda.com.my for their promotion, ends 30-Nov-10..
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