buy at year end, normally can get much discount.
then to be fair ... if u want to buy a new car again, so better buy at year end too la...

hmmm.. the sales girl told me.. if order now.. the car will arrive in 3 month..

october, november and december..

finally bargain till 4% for my 40k for the second hand in public bank..

mind to share wat car is tat?

im interested to know too...

the car wat year...? you pay the loan for how long.

my lecturer said, foreign car is more expensive than local car..this is to attract malaysian to buy more local car than foreign car..about the interest rate, what i've learnt so far, the rate between banks are not same..yes bank negara control the rates but they do NOT set the rates.they just set the SHEILING RATES..n they give a formula to the banks to calculate the rates they should charge us on each loan...
another think, someone also mention that the bank promised to charge u 4.4% (for example) as the interest charge on the loan..but the fact is the bank charged u more than 4.4%..im not sure who mention this..but this is because, the rate on the contract paper is NOT the real rate..banks (with permission of bank negara) will NOT put the actual rate in the contract paper..we as a customer HAS to ask about it..real rate is nominal rate + BLR..the one in the contract paper is only the nominal rate if i'm not mistaken..before this, customer will not know how much is the real rate..but now, it is compulsory for the banks to show how much is the real rate at their banks..u can go to any banks, look at the wall, where they put informations such as foreign exchange..at the same board, they will put their BLR, nominal rate n real rate...u can search the information on real rate through internet also..this is from what my lecturer tought me..

make sure u get the car b4 this year end ... otherwise if u get the car on jan'2011 , its consider 1yr older (unless the year made also on 2011).
then, u should ask more discount from the SA/branch

40k for an old Altis for 5 years

This post has been edited by frequency: Oct 31 2010, 04:58 PM

i luv the interest bank gave u. wat bank is tat?

bought swift @ 2.75% for 9 years thru rhb islamic. first payment have to 'open account' at rhb islamic branch only, then subsequent payment can be done at any rhb branch.

public bank, bro.


they told 4.25% is the best rate they offer

But upon signing agreement, the officer told me has deducted to 4.0%

I save a package of chap fan every month

When did you book your car and secured the loan? 2.75% is a very nice rate..

What is your loan amount and tenure you took?

can u explain abit more on this.. if buy now say nov 2010, the car arrive after 3months say feb 2011, the car shall be considered year 2010 or 2011?

just to base on the above, when is the better time to buy, now as in nov 2010 or wait till jan 2010? hehe thanx.

Its depends on when your car registered.

was eyeing the swift for sometime but then realized they come out with new version 2011..had a look at it in the net n i think the older swift looks better especially with hikari bodykit (swift sport bodykit)

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Added on November 4, 2010, 11:02 amthnx..so the car registered normally early or way after car arrived?

and the year is not based on car manufactured year?

This post has been edited by attahun: Nov 4 2010, 11:02 AM

Question about car loan, say for 7 years. Is the interest rate is higher if we loan more compared to if we loan less (assume 130k vs 100k)?

Anyone tried to Loan for a BMW 5 Series Year 99-2000? What are the feed backs?

wrong bro...based on car manufactured date...

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Added on November 4, 2010, 2:00 pmif u wait until feb 2011 to get the car but the manufacture date of the car is 2010, then 2nd hand value will follow 2010...so u must make sure that manufacture date of the car is 2011....

if not, then no difference u get today or next year 2011 if manufacture date is 2010...

This post has been edited by jeffbong: Nov 4 2010, 02:00 PM

I'm not sure if this is the correct thread to ask. I would like to know what's the requirement for the guarantor if someone want to make a car loan? Is it true that ONLY family member can be the guarantor?