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> Buying Car procedure?

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akira87
post Jul 12 2018, 10:51 AM

Weeeee~
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Senior Member
669 posts

Joined: Oct 2008
From: Lala Land


QUOTE(vvip @ Jul 12 2018, 09:52 AM)
Loan approved, once signed the loan documents, does it mean I need to start paying for installment even though still waiting for the car? Currently the queue is kinda long since without gst
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I sign the loan documents last week, from what the bank officer told me, the monthly instalment will start within one month after the SA send the documents to the bank which includes a document that stated that we already received the car.
akira87
post Jul 12 2018, 11:19 AM

Weeeee~
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Senior Member
669 posts

Joined: Oct 2008
From: Lala Land


QUOTE(vvip @ Jul 12 2018, 11:07 AM)
Which means regardless how early u sign the loan agreement, u will only start paying for installment after u received the car, right?
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Yes, that is what i was told and understand.

 

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