Car loan interest Rate in 2010, what is the current rate??
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 Jan 16 2011, 12:41 AM
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#1
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Junior Member
216 posts Joined: Jun 2006  
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Sorry I'm a noob when it comes to buying cars. Let's say I wanna buy a car worth 80k. Can I pay 40k in advance so that i don't have to take too much of the car loan? Will the IRB come chasing after me?
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Feb 14 2011, 12:21 AM
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#2
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Junior Member
216 posts Joined: Jun 2006
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Unless you are working, you can't get a car loan right? You'll need a guarantor? What if I have lots of money in my savings?
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Feb 15 2011, 10:22 AM
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#3
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Junior Member
216 posts Joined: Jun 2006
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QUOTE(koh_424 @ Feb 14 2011, 02:24 PM) if u have alot of money in ur saving then u got buy the car with cash. else u take loan, they will look into ur monthly income also. If I buy with with cash, the IRB won't come looking for me? |
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