QUOTE(Jeff_lwh @ Sep 16 2011, 09:14 PM)
oops, it should be the other way round. 1-2yrs loan is 2.95%. 3-4 yrs loan is 2.99%, 5 yrs is 3.04% 6 to 7 yrs is 3.09%. 8-9 yrs is 3.15%. So its not far off from ambank.
Are you sure? I bought Myvi LB last month and the interest rate quoted is descending while the loan tenor is ascending, I was told this is because bank is earning less if loan tenor is shorter, so bank have to compensate shorter tenor with higher interest rate. I was quoted 2.99% for 5 yrs and 2.97% for 7 yrs.QUOTE(shadowblack @ Sep 18 2011, 01:56 PM)
Can someone tell me how to get low interest for cars? I just send my document to one of the shop and he gave me around 616.76 per month for 9 years loan for the new 1.5 SE multimedia.Is it worth it or do u think the interest is high? Im using maybank now but i kinda feel like its a bit expensive.What do you think?
maybe you can try Public Bank, and also try asking more banks for their hire purchase interest rates.
Sep 18 2011, 10:01 PM

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