hi guys...just wonder is there any 100% for car?
Car loan interest Rate in 2010, what is the current rate??
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 Jun 17 2010, 08:53 AM
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Jun 17 2010, 04:33 PM
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different bank quote different rate...
anyone know where can we get variable car loan ? i dowan fix... Added on June 17, 2010, 4:34 pm[quote=yewjin,Jun 17 2010, 12:28 PM] Yes you could get a 100% loan for your car but this must not be made known to the banker.  Usually you negotiate with the dealer and come to a conclusion for an agreed price. Then you tell your dealer you want to take 100% loan. They will do their magic from there. i am talking bout new car wo....can it be done? This post has been edited by maru: Jun 17 2010, 04:34 PM |
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Jun 22 2010, 05:57 PM
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bravo bro....
nice rate  |
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Jun 23 2010, 12:01 PM
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QUOTE(farkey @ Jun 23 2010, 08:37 AM) Hi all, I think it's normal Cause the rate edi increased...im is newbie for this loans thing.. intend to buy vios 2004 1.5e.. the car is 48k..pay downpayment 8k.the rest is going to be loan. go to those bank -public bank 4.4% 7 years -rhb bank 4.5% 7 years -cimb bank 4.5% 7 years is the interest rate normal?? or a bit high?? PLS ADVICE GUYS..REALLY NEED UR HELP  |
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Jul 6 2010, 09:06 AM
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QUOTE(hainida78 @ Jun 30 2010, 10:22 PM) As with anything to do with finance, it is important to have a game plan before entering into any type of transaction. When it comes to cars, many consumers are not aware that you can actually refinance your car just like you would your house. While refinancing your car hasn't been an option in the market, it is one that is gaining steam and saving consumers hundreds of dollars over the life of their loans. Refinance is a viable option for anyone looking to save money how true is that? i really never heard of refinancing car...http://car-refinance-2.blogspot.com/ http://car-refinance-2.blogspot.com/ Last 2 years ago, my mother wanted to refinance her car(fully paid off) , but most of the banks i called up, they told me that there is no such thing as refinance. Well what they suggest me was transfer ownership. So the car ownership transfer to me and i have to bare the loan repayment  Added on July 6, 2010, 9:09 amAs far as i know, the interest rate for home loan can be negotiable but as for car loan, i never heard of anything. Is there anyone working as banker for hire purchase? Few years ago when i try car loan, i have understand there is 2 type of car loan which is Fixed n Variable. Normally in the market they only offer Fixed rate i dont know why. Kinda hard to find variable rate. Variable rate is cheaper compare to fixed This post has been edited by maru: Jul 6 2010, 09:09 AM |
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Jul 6 2010, 07:49 PM
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QUOTE(fuzzy @ Jul 6 2010, 07:24 PM) You can negotiate it, but there is no hard rules to it, thus it may or may not succeed. If for example, you take a 9-year loan at 4% and suddenly you wish to repay all in 3-years, the bank may revise the interest rate to 3.x%, but not always. my fren in banking line, she got variable rate for her car loan....maybe is the privileged from the companyThere is no variable rate for Car loan, as the earning from it is very minimal and the risk of default is higher. |
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Jul 8 2010, 09:43 AM
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QUOTE(Cinta Laura @ Jul 6 2010, 07:57 PM) i want to know , how can i do a loan after 10 years old car ? if i cant do loan for 10 years old car , any other way ? except pay cash. is it personal loan have higher interest rate ? thanks finance it if canot transfer ownership personal loan surely higher interest rate... but if u money n tend to finance the car, it seem troublesome.... maybe u can get credit card n cash it out then balance transfer it? |
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Jul 8 2010, 07:24 PM
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My little bro just got loan from pbb. Guess what 2nd hand car iswara 15k at 4.92%. Freaking high. I asked for fun myvi new car. She told me 4.5% for 7 years. Increase that high or pbb just crazy?
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Jul 12 2010, 05:07 PM
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QUOTE(labtec @ Jul 12 2010, 03:17 PM) is loan for used car usually higher than new car? used car interest rate is higher usually around 1% or more....normally higher how many percent? Added on July 12, 2010, 5:08 pm QUOTE(koh_424 @ Jul 12 2010, 03:45 PM) hey bro. 3% is for used car or new car? wat brand of the car can make it so low? i think should be new....2nd hand wont be that low....This post has been edited by maru: Jul 12 2010, 05:08 PM |
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Jul 20 2010, 12:14 PM
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Myvi have fixed interest rate 3.5% for 5 years n 4.00% for 7 years. Applicable for all bank.
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Jul 25 2010, 07:26 PM
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QUOTE(vitac_hao @ Jul 24 2010, 08:44 PM) Is the interest rate will continue to raise, or it'll stop somewhere ?? no one will know what will happen in the future mate....at the moment i can c the trend is increasing..... house loan, car loan etc |
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