Hi guys, I am currently in a procedure on buying car, so my understanding in the procedure will be:
1) Go to Showroom and talk to SA
2) Submit doc to SA apply loan (multiple bank)
3) bank calls interview
4) bank offer loan after interview
5) sign Agreement
6) SA receives LOU and allocate stock
7) register Car plate
8) Sign HP loan doc, pay the rest of amount and get car
is this means that buyer can actually cancel the purchase before step 8, even buyer signed loan agreement at step 5?
Buying Car procedure?