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

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csling85
post Nov 9 2010, 12:22 AM

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QUOTE(servlet @ Oct 27 2010, 07:02 PM)
hmmm.. the sales girl told me.. if order now.. the car will arrive in 3 month..

october, november and december..
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i plan to buy Myvi premium end of dis year, cos hv more promotion, but the problem is .. interest for 7 years is 4.15% ..
jus would like to know, which bank hv lower interest than these rate ?

i think i'll submit my application around 26-27 Dec, then i can get their promotion,and after the bank approve also in January 2011.

might get the car on Feb or March..

so.. will my car manufacture in 2011 or consider 2010 ?

i heard Myvi goin to stop on end of dis Dec, bcos next year goin to launch new myvi sedan 1.3 & 1.6 already..
seems the new myvi is nicer than the previous wan, but the price sure slightly higher. duno the balance (myvi) will decrease the price or not ..

local car, the interest is very high, think of getting hyundai i10 or suzuki alto.. although the price is slightly higher, but the interest is lower ~..

This post has been edited by csling85: Nov 9 2010, 12:24 AM
donpapachino
post Nov 9 2010, 06:31 AM

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QUOTE(fireZzkf @ Nov 3 2010, 08:48 PM)
When did you book your car and secured the loan? 2.75% is a very nice rate..
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just last week signed all the forms.
QUOTE(elv2k @ Nov 4 2010, 08:41 AM)
What is your loan amount and tenure you took?  rclxms.gif
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paid 10% downpayment, i believed loan amount should be 62k.
wingl3ss
post Nov 9 2010, 09:02 PM

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hi im kinda new here i need some public opinion here.
im earning around 1.6k permonth atm.
and im thinking of getting a 2nd car
so wat kind of car can i afford hmm.gif


who_care
post Nov 10 2010, 12:19 AM

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QUOTE(wingl3ss @ Nov 9 2010, 09:02 PM)
hi im kinda new here i need some public opinion here.
im earning around 1.6k permonth atm.
and im thinking of getting a 2nd car
so wat kind of car can i afford  hmm.gif
*
1.gen2
2.viva
3.myvi
4.etc


how much u can pay every month? wub.gif
askm3
post Nov 10 2010, 10:14 AM

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what's the interest rate to for 2nd hand car with loan 5,7,9years?

planning to buy a 2nd hand honda civic 2.0, current market price rm90k
Fasap
post Nov 10 2010, 11:07 AM

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QUOTE(askm3 @ Nov 10 2010, 10:14 AM)
what's the interest rate to for 2nd hand car with loan 5,7,9years?

planning to buy a 2nd hand honda civic 2.0, current market price rm90k
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a 2006 Civic FD2 right? with proper docs, and background, i think ure best rate might be 4.2% @ 9 years the lowest. Ive been asking around myself also as was planning to get whether a 2006 FD2 @ 90K or a 2008 FD1 @ 90K..

This post has been edited by Fasap: Nov 10 2010, 01:59 PM
MIVECburuk
post Nov 10 2010, 11:14 AM

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Check with an SA yesterday, he said interest rate as for now is around 2.85%. Is it true? can someone confirm this?
askm3
post Nov 10 2010, 11:16 AM

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QUOTE(MIVECburuk @ Nov 10 2010, 11:14 AM)
Check with an SA yesterday, he said interest rate as for now is around 2.85%. Is it true? can someone confirm this?
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possible if new car..
MaxWealth
post Nov 10 2010, 02:02 PM

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QUOTE(askm3 @ Nov 10 2010, 10:14 AM)
what's the interest rate to for 2nd hand car with loan 5,7,9years?

planning to buy a 2nd hand honda civic 2.0, current market price rm90k
*
year of manufacture bro? interest how much o?
ICDeadPeople
post Nov 10 2010, 03:24 PM

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Called afew banks, and confirm the interest rate is at 2.8-3.0 mostly (for non local car).
But got this one nice bank gave me 2.74%. Confirm already and signing next week.
flamestudio
post Nov 10 2010, 03:45 PM

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QUOTE(ICDeadPeople @ Nov 10 2010, 03:24 PM)
Called afew banks, and confirm the interest rate is at 2.8-3.0 mostly (for non local car).
But got this one nice bank gave me 2.74%. Confirm already and signing next week.
*
For used or new cars? Wow 2.74%.
koh_424
post Nov 13 2010, 06:34 PM

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QUOTE(flamestudio @ Nov 10 2010, 07:45 AM)
For used or new cars? Wow 2.74%.
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2.74% interest rate should b non-local brand..
ICDeadPeople
post Nov 13 2010, 08:01 PM

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QUOTE(koh_424 @ Nov 13 2010, 06:34 PM)
2.74% interest rate should b non-local brand..
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Brand new non local CBU.
koh_424
post Nov 13 2010, 11:03 PM

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QUOTE(ICDeadPeople @ Nov 13 2010, 12:01 PM)
Brand new non local CBU.
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rclxms.gif wat brand by the way?

ammaraffandi
post Nov 16 2010, 11:19 AM

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TOYOTA boleh..
pakjan
post Nov 17 2010, 08:04 PM

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like to ask 4 latest interest and promotion for end year (december) 2010..anyone knows somthing? or this coming new year promotion
memento
post Nov 17 2010, 08:31 PM

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QUOTE(csling85 @ Nov 9 2010, 12:22 AM)
i plan to buy Myvi premium end of dis year, cos hv more promotion, but the problem is .. interest for 7 years is 4.15% ..
jus would like to know, which bank hv lower interest than these rate ?

i think i'll submit my application around 26-27 Dec, then i can get their promotion,and after the bank approve also in January 2011.

might get the car on Feb or March..

so.. will my car manufacture in 2011 or consider 2010 ?

i heard Myvi goin to stop on end of dis Dec, bcos next year goin to launch new myvi sedan 1.3 & 1.6 already..
seems the new myvi is nicer than the previous wan, but the price sure slightly higher. duno the balance (myvi) will decrease the price or not ..

local car, the interest is very high, think of getting hyundai i10 or suzuki alto.. although the price is slightly higher, but the interest is lower ~..
*
hey I am planning to get a Myvi as well. Hope u can enlighten me with what are the promotions they currently having?
i10 also did cross my mind so to speak, how much lower is the interest rate for that car?
who_care
post Nov 17 2010, 11:23 PM

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QUOTE(memento @ Nov 17 2010, 08:31 PM)
hey I am planning to get a Myvi as well. Hope u can enlighten me with what are the promotions they currently having?
i10 also did cross my mind so to speak, how much lower is the interest rate for that car?
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myvi vs i10 vs suzuki alto
better get i10 coz monthly payment almost the same
i10 , interest rate start from 3.25%
can get 1.99% promotion (T & C apply)

koh_424
post Nov 18 2010, 11:31 PM

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QUOTE(who_care @ Nov 17 2010, 03:23 PM)
myvi vs i10 vs suzuki alto
better get i10 coz monthly payment almost the same
i10 , interest rate start from 3.25%
can get 1.99% promotion (T & C apply)
*
agree, price might higher. but the interest rate is attractive. also is non-local brand tongue.gif
abangjoe
post Nov 24 2010, 06:40 PM

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QUOTE(donpapachino @ Nov 3 2010, 06:01 AM)
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.
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What is the loan amount and car?
Good deal smile.gif

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