If my parent not working anymore also can? Can my fiance be my guarantor?

Hi guys,

I have a question. Is there any loan products that I can apply to get loan without dp for 2nd hand car, 5-7 years tenure?
So far, what I know is Gradhitz package only allows 0 dp for new car.

This post has been edited by emblavonpros: Jul 30 2012, 10:10 AM

Good for you... How u get it? Mind sharing? is ur income more than 1500?

that day went honda sowroom, they told me the can arrange for me too for 2.35% from rhb...

Correct until further notice. Thanks.

Can someone tell whats rule apply to guarantor? i mean beside than parents? Can gf/bf , fiances be a guarantor?

dear all gurus,

My salary net after deduction of EPF is 2400 + petrol allowance 450 per month

Commitment:
insurance 200
parents 300
parent's house 300
no smoking, no clubbing
not much time to spend as well cos work 6 days

should i get a viva 660 BX 26k? 3 yrs loan with D/pymnet 5k

or a myv 1.3 auto EZi 49k? 7 yrs loan with D/pymnt 5k

-need to travel from company to construction site.
-my study loan need not to pay back bcos got 1st class...
-will save 33k after 7 yrs if pick viva.
-but if for family purpose, myvi can use until the first child born. if so lucky got married

gurus, which one will u all suggest? i hope it is not tough since u all have much working experiences and life experience

I think u should get myvi.. Becoz viva might not suitable if u have family... beside viva got small space than myvi

This post has been edited by spidey2033: Aug 8 2012, 11:14 AM

2.8% for 9 years Proton ...

rhb islamic available for all races?

thanks ~ already booked myvi....getting it next week

Any ideal for the interest rate for 11 years car (Toyota Altis 2001) Public Bank gave me 5.73% base on 4 years loan for Rm30,000. Any better deal from other Bank that can recommend? Thank

Maybank. 2.46% for 9 years... VW

Hi people!

I am currently in the midst of buying my first car. I'm choosing Saga flx 1.6.

My question is, is my interest rate quoted by PB comparable with what you guys have? Mine was 2.93% for 7 years for 39k.

Since this is my first time buying, I have no experience in finding the cheapest rate, so that's why I'm looking for some answers here.

Many thanks!

p/s: I'll cross-post this in other related threads too.

This post has been edited by pqNel: Aug 11 2012, 10:12 AM

CIMB 323i 7 Yrs @ 2.35% or PBB @ 2.38%

hi all, any idea what is the interest rate for buying 2nd hand car? and what are the factors that will affect the interest rate?

thanks!

Earlier this month, i apply loan for an audi at maybank klang. Well been waiting for 2 weeks to get answer from the bank which is damn long and they say they cant process loan for that kind of car, even if im paying high d/p. got such thing?

how the f*** is that islamic

Normally bank in Malaysia will give higher % of interest for local car ie proton. No matter how much is your D/P, the rate of proton will be around 3.5-4%...don't know why..

Why go for Islamic loan seems like the rate of "interest" is higher than conventional..? For me, the islamic banking in malaysia was not the true islamic concept, just a name only.. Just look the rate if you buy a house..OMG..
If you wallet is thick then no harm bro..

Some of the common bank will more easier to get the loan coz hire purchase is their main business. Go for Maybank or CIMB, i had my 2 cars with maybank loan so far not much problem to get approval. Keep public bank as your last choice bcoz their interest in quite high and demanding you to put more for your D/P..( scare you cannot finish the loan.. )

Just my 2 cent of opinion...

Sure