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

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servlet
post Oct 18 2010, 11:28 PM

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I plan to purchase MyVI SE .. but still in dilemma now..

I went to every bank at my place and all the bank staff said.. "sory dude, for malaysian made car.. interest rate at 4.25%.. you want low rate.. get the Honda or import car"... what the f*** then..

so my beloved LYN forumer.. when this "4.25%" rate will decrease?? or u got any better option??

I'm dyin need a vehicle now sad.gif
servlet
post Oct 19 2010, 09:20 PM

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QUOTE(iostream @ Oct 19 2010, 07:58 AM)
4.25%? how much you plan to loan for? i tot the interest rate is 4.1% for 9 years? dun tell me it increased again... shocking.gif
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I'm not bluffing you dude.. this is my story sad.gif

I went to perodua.. and see this cute salegirl brows.gif

chat a lil bit tongue.gif and then she show me myvi brochure.. (I planned to purchase Myvi SE RM53 400 with 10k downpayment)

if you take 9 years loan, interest rate will be = 4.25 % vmad.gif

7 years = 4.15 %
6 years = 4.15 %
5 years = 4.00 %
4 years = 4.00 %

So, the next day I walk to Public Bank and Maybank - they told me the same thing = 4.25 % - TAKE IT OR LEAVE IT!!

oh my... cry.gif

This post has been edited by servlet: Oct 19 2010, 09:21 PM
servlet
post Oct 20 2010, 11:02 PM

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QUOTE(chastise @ Oct 20 2010, 01:58 AM)
Not too sure about local cars, but i asked for Ford and Kia, hong leong is giving 3.0-3.1 for 7 years. Can give contact details to u if u want.
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Public bank manager told me.. foreign car can get low interest rate - as you said..

national car.. 4% or 4.25% or GTFO!

who idea this to increase the national car rate??.. He/She maybe get brain f*ck.. mad.gif

servlet
post Oct 24 2010, 04:33 AM

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QUOTE(yeexing @ Oct 24 2010, 02:23 AM)
erm... maybe you can try ask ask UMW , few month ago my colleague get his myvi loan from there... the rate is less a bit than other but i not sure how he get it one.
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UMW offer auto loans?? I never knew it hmm.gif ..

This post has been edited by servlet: Oct 24 2010, 04:34 AM
servlet
post Oct 25 2010, 03:54 AM

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I want to know.. now is good time to purchase a car ?? Or I need to wait a few months??
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post Oct 27 2010, 07:02 PM

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QUOTE(bob @ Oct 27 2010, 12:47 PM)
buy at year end, normally can get much discount.
then to be fair ... if u want to buy a new car again, so better buy at year end too la...
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hmmm.. the sales girl told me.. if order now.. the car will arrive in 3 month..

october, november and december..

 

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