Sifu,

what would be the new car interest now? it seem not much different from 2nd car interest - 3.68%?

cimb no auto loan for new car

Axia G
28k loan
5 years
3.11% affin bank

Do bank offer same interest rate for new local and foreign cars?

New Preve
60k loan
7 years
2.99% Maybank
Loan approve within 2 days

This post has been edited by yanaam: Aug 10 2015, 05:19 PM

looking for used car loan officer, kindly pm

Just to share mine:
New Mazda Biante
132K financing amount
9 years
2.55% Public Bank

AEON credit where got so low...?
Known as Ah Long rather then finance company.
They charged anything btwn 8-9% n u have to go thru their dealer. Only thing is they r quite relax, blacklist also can approve. More than 10 yes old car also can.

This post has been edited by ChelseaFan: Aug 11 2015, 06:07 PM

Different rates. Generally, national cars are usually higher (more than 3.X %) whereas non-national is at around 2.5X %, but subject to the loan amount and tenure.

Just bought a used 2014 Honda City spec E (new model)

Bank: Hong Leong Islamic
Loan period: 9 years
Loan Amount: RM65,000
D/P: O
Interest rate: 3.43%

Where you bought the car? So new people sell Haha..
3.43 hmm, not bad.. Did u find a few or this is dealer give 1?

If i buy toyota alphard year 2002 or 2005 manufacture and i like to borrow rm50k

1) Will bank still approve the car loan because it is over 10 years old car?

2) If the bank approve the loan, maximum how many year bank allow the installment because the car is 10 or over 10 year old?

3) Which bank offer the most lowest car loan interest now for second hand car?

This post has been edited by john1010: Aug 14 2015, 08:32 PM

planning to buy Honda City V spec with 60k downpayment.

what is the interest rate expected to get for a loan of 35k++ ?

Looking for bank officer for loan purpose.pls pm me

same to me, the loan document stated handling fee RM500++ ... so this is not normal practise for all banks right ?

What loan document is that ? Is it the Letter of Undertaking to the dealer? Maybe you can post a snapshot of it for discussion?

honda city v spec is 89k otr.. now promotion 3k.. is just 86k.. downpayment 60k u will just need to loan for 26k bro..

Yes correct, it's written as Letter of undertaking... Do i have to pay that amount or it's valid for certain bank only?

already book City V spec.

taking 30k loan for 3 years, the interest rate is 3.11% from public bank.

quite bad I think but 3 years should be roughly in that range.

Bro, can I suggest one thing, why don't you ask the bank concerned and seek their clarification directly. Bank is obligated to tell you the whole truth on what that amount represents.