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

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teikwing
post Mar 25 2012, 03:06 PM

Dah Macan?
*******
Senior Member
3,239 posts

Joined: Oct 2006
From: Sydney, NSW


QUOTE(singdreams @ Mar 25 2012, 10:51 AM)
Does anyone know what was the rate for a second hand car loan, please enlighten me smile.gif
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Depends on the car (higher i/r and shorter repayment period for older cars >10 years), loan payment, loan tenure.
teikwing
post Mar 26 2012, 10:49 PM

Dah Macan?
*******
Senior Member
3,239 posts

Joined: Oct 2006
From: Sydney, NSW


QUOTE(bomberman @ Mar 26 2012, 10:23 AM)
anyone knows that lowest interest rate for a second hand proton perdana RM30k at how many %??

interested to get 1 used perdana but worry bout the interest rate and my loan get approved or not.... as now tied with Kia Forte & a house.

guys, in your opinion, i have a car loan for Kia Forte 2.0 (5 years to go, monthly at RM1.2k, housing loan 30yrs, RM850/m, credit cards debts), do u think I still able to loan for a second hand car?

Thanks in advance for the reply..
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it all boils down to your monthly commitments percentage out of your monthly income. IINM, housing loan & MV loan combined not more than 75% of your monthly salary. smile.gif

 

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