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

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post May 10 2011, 04:02 PM

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Wanna ask, I buying a 2nd hand car from an owner directly.
So owner tell me that he expect to sell with cash, so if i plan to get loan for the car, i need to settle the loan part by myself.

So can I just walk into any bank branch and do the hire purchase loan? Any document I need to prepare or get from the owner in order to process the hire purchase loan?



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post May 11 2011, 12:24 AM

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QUOTE(koh_424 @ May 10 2011, 10:20 PM)
Does u told the owner u will take loan? He agree on tat?

Basically u can walk in to any bank in to enquiry the loan matter.

All the things u need from the owner is a PHOTO COPY of the car grant.
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Ok, willl confirm with him tomoro. Will ensure he is ok wif me to take loan.

Plan to get a car agent, to settle the name transfer and everything for me. Loan part, I should be able to settle

 

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