Hm, no new Kenari available this year? I don't know that I thought Kenari is still on sale?
Viva? Tak minat.. Saga? I prefer Perodua cars.
Ai..

Shorter period? Noted. Thank you..

Ok.. I will consider this too.
Thank you cheez!

However, I don't quite understand this part:

nego with the bank for a pay up to your loan sum middle of the way through your tenure with a sum of ard 8k or 10k. The bank will be happy to restructure the loan for you.

?? What does that mean ya?
Ya, I saw it at the website too.. I want a Kenari

Ahaha.. "'Hi bank, I want to pay off.." This is good. 
Ok.. Understood. So, when I restructure the loan, means I'll pay less for next payment?

@solsekuin44,
But for car installments you aren't gonna get much discounts even if you pay them off.  You should also work out the total interest you'll be paying then you'll decide if you really *want* that car.

My advise, don't take a 7/9 year loan; anything more than 5 is ridiculous!

IMO, anything more than 4 years is ridiculous.

If got extra money, DON'T DUMP INTO UR CAR LOAN. Waste money only. If you have a housing loan, DUMP IT INTO THE HOUSING LOAN coz car loan is flat and doesn't decrease the total amount you have to pay, while house loan interest is based on the balance of the principal loan.

@cheez,
If TS is just started out; I personally feel he shouldn't be looking at a Honda Civic 1.8 - at the kind of prices, it's not meant for a freshie; seriously!

@Matrix,
Lol.  I definitely agree with U and personally, I wouldn't take a car loan which is more than 3 years.

i've been reading this thread and i just want to put in my own experience here..

true.. started with 2k a month.. pay off 800 a month is really gonna suffer.. but then do not forget that your income will increase.. and sooner, u will be thinking u wanna pay more for ur car loan because u want to get rid of the car loan as soon as possible and invest in other things.. i know i am..

but then u can say that u need money for maintenance etc etc.. but if u need money for maintenance, then u cant save up money for ur restructuring.. and then dun forget, u might want to get something u like that will take up ur savings.. or go to a trip with ur frens or families somewhere between that 7-9 years.. 7-9 years is a long time.. and by that time i think u will be earning more than 2k..

all in all is do u know how to manage ur cash flow..

Thanks.. But for this early stage, I'll invest on car first la..
Senang bergerak. Thank you for the reply.

I laughed at that too..   Hm, I seriously think I should start change my habit in spending.
Been quite boros. Is it ok for newbie to take on house loan?

I've been hearing many people saying this but i kind of doubt if it is true because last time when my mom bought her Proton Waja, the interest rate was around 3.70% with the exception from EON Bank. It also seems to me that every dealers will quote you different interest rate. Mom finally took the offer from EON Bank (just 2.9%).

Yes. That was back in 2005      But we bought another car again in 2008. This time we bought a Proton Persona and RHB Bank offered the lowest at 3.40%. All others quoted us 3.75%.

Hi, I have checked with PBB and Maybank HP dept and both banks also offer me 3.75% rate for 5 years loan. No more negotiation. For AMBANK, it's 3.9% according to the HP dept.

I have applied the loan with 2 banks which I will see if which bank can approve the loan earlier.

Thanks anyway, bro for the information.

hi guys ..i m planning buy new myvi next mth ....i m planning to loan for 7 years ( my salary is about Rm2k , so 7 years instalment is the best i can do ) ....

can i know what is the interests rate in market now ? for the loan processing, the dealer will help me to process it or wat ? sorry i m new n really noob in car field...

hope anyone can advise me or offer any suggestion