FD pays 4%. car loan interest is 2.5%. whch is better ? its a very simple calculation, dont even need business sense.

lets do a simple calculation. i take a 100k hire purchase loan at 2.5% interest. after 5 years i would have paid total 112500.

if i instead put the 100k in FD at 4% per annum, after 5 years i would have 120000 (assuming i take out the interest every year).
u still havent tell us why u think 2.5% per annum is more than 4% per annum.
i have found that business sense is rarer than you would expect. do u think 2.5%  per annum is more  than 4% per annum . ?
i have found that common sense is rarer than you would expect.  u still havent tell us why u think 2.5%  per annum is more than 4%  per annum.

conclusion:

A ) buy a bmw with 1.38% interest rate
or
B) take a car loan and put your money in ASB (applicable for malays only).

Forget it showtime 747, save your breathe.

this sootienann is one arrogant yet stupid person who never wanna admit he had been a sorhai , taking a car loan at 2.8% to keep  that money in FD at 4.0% thinking he can earn RM7500 from bank.(his calcul: RM120k-112.5k)

Now after so many pointers here, he has slowly learned that indeed he had been a sor hai.

still you can see he refused to admit he had been a sor hai, now he is pushing the car loan interest down to 1.38% and push the FD rate up to 8.5% by using ASB, hoping that he would be proven right this time.

Well done sor hai sootienann!
Be  man to admit your mistake,...dont go putar belit moving goal post when you cant score.