Mine, car loan with 2.88% yearly....
Car loan interest Rate in 2010, what is the current rate??
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 Oct 17 2012, 11:27 PM
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661 posts Joined: Feb 2007 
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Oct 18 2012, 10:51 AM
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Junior Member
66 posts Joined: Aug 2012
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QUOTE(techie.opinion @ Oct 17 2012, 11:27 PM) Mine, car loan with 2.88% yearly.... what car you purchase for that rate? Added on October 18, 2012, 10:56 am QUOTE(marc_tkj @ Oct 17 2012, 03:17 PM) Just came back from bank. Sign hire purchase agreement for 2nd car. are u sure with the interest? is a bit WAY toooo high! thats BLR is it?Bank: Public Bank, Taman Maluri Loan: Car Hire Purchase Car: Hyundai Matrix 1.6 (a) Year: 2003 Loan amount: RM13,800 Interest: 4.7% p.a. Monthly inst.: RM342 This post has been edited by derek_lim1982: Oct 18 2012, 10:56 AM |
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Oct 18 2012, 12:56 PM
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Junior Member
38 posts Joined: Jun 2005 
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QUOTE(derek_lim1982 @ Oct 18 2012, 10:51 AM) what car you purchase for that rate? Checked with Ambank. Their interest is 5.9%. So this offer by Public Bank is lowest I can source. They take into account lotsa stuff before confirming their offer. The vehicle age and availability, your salary, repayment history, commitment levels.. bla bla bla. Also, the lower the amount, the higher the interest charged. How else would they make a profit otherwise. BLR is 6.X% now.Added on October 18, 2012, 10:56 am are u sure with the interest? is a bit WAY toooo high! thats BLR is it? |
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Dec 27 2012, 03:23 PM
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Junior Member
6 posts Joined: Dec 2008
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anyone knows which bank can offer 110K loan for a 12 years old car?
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May 23 2013, 03:54 PM
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Newbie
1 posts Joined: May 2013
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I want buy a year 2010 Kia forte 1.6 used car pricing around RM60k,can somebody tell me the loan interest If i take 50k loan for 9 years?thank you very much
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May 26 2013, 11:18 PM
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Senior Member
575 posts Joined: Mar 2010 
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QUOTE(scoop7 @ May 11 2012, 12:24 PM) seems high. imo, u can do better broHong Leong gave me 2.6% for 5 yrs, non-local car but locally assembled. good deal ke? try public bank or rhb QUOTE(katejing @ May 15 2012, 07:11 PM) I'm a noob..May I ask why? interest rate for national car usually is higher than non national car QUOTE(derek_lim1982 @ Oct 18 2012, 10:51 AM) what car you purchase for that rate? the interest for used car usually is higher than new car Added on October 18, 2012, 10:56 am are u sure with the interest? is a bit WAY toooo high! thats BLR is it?  |
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