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

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tungjern
post Mar 10 2011, 04:39 PM

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Did you guys try this website?

http://www.bankinginfo.com.my/04_help_and_...ntPrefLangID=1&

I am a banker myself and most often I go to this site for some info & comparison with all other banks. I'm not sure if the info on rates are accurate, but it seems like bank muamalat offers the lowest rate? Not sure if it's only for bumis though. That rate seems standard and determined.
tungjern
post Mar 10 2011, 06:34 PM

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QUOTE(SkyGig @ Mar 10 2011, 05:35 PM)
Thanks tungjern for the info...very helpful.I'm planning to get a Vios 2004.That guy is offering me 45K.Looks like Bank Mafulat is offering the lowest rate I heard someone mention the bank is only offer the loan to Bumiputera only,is that true? I would appreciate if you guys enlighten me with some info whether I should take the car or should I hold on to my Myvi(I've got 2 more years to get off the hook from the bank)....Thanks
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No problem. But I don't think the info provided is necessarily accurate since it is dependable on the number of years in your hire purchase. Still it provides a good comparison on which bank quotes a low interest rate. Good luck in your car search and bank 'mafulat' was a good catch. Haha.

 

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