Latest I know used car rate depends on your documents and how long the loan period.
Average rate 3.4% - 3.5%.
If documents not strong, around 3.8% - 4% (perceived risk too high).

This post has been edited by Icehart: Oct 13 2012, 11:21 PM

thanks for the feedback. wad kind of documents do u mean? Do u mean ability to finance the loan?

what about rate for new VW cars for 7 years?

Yes, ability to finance loan.
For new VW you got to ask the SA, sometimes got promotion 1.88%.
Normal new rate is 2.35 - 2.5%.

I plan to buy Hyundai i10 and make 10% DP for the car. i just started working with basic salary RM1800.
It is possible for me to get the car and what requirement needs fro the bank? and what is the interest rate bank would dump on me and it is possible for me to get lower interest rate?

just took out a loan affin, 2.45% 9 years.

This post has been edited by eyez98: Oct 18 2012, 04:00 PM

hi all,
i already submit my loan last week but bank not yet call.. why arr ?

honda jazz hybrid 90k loan 9 years 2.35% RHB

Hmm, i10 ok la
9 years loan probably 2.4-2.5%
7 years loan also possible

Try follow up with your SA.

second hand recon. 2005/2011
my one 3.42% for 7yrs with pbbank. is it high? huhu..

This post has been edited by wayfeel: Oct 16 2012, 06:42 PM

3.42 is pretty good already.
normally it ranges from 3.6 above for used...

Hi..i need your help guys..

Im planning of getting my first car. my target is new myvi..
the situation is im just graduated about a year ago. now im doing master with research assistant salary of 1.6k..am i eligible for graduate scheme?

oic , i had no idea . but it good to know tho. thanks man

won't hurt trying
all the best and congrats when getting ur new car ^^

This post has been edited by Jinster: Oct 18 2012, 01:14 PM

anyone know the lowest rate for 9 years loan if buying proton saga flx se 1.6 with 10% downpayment?

just got my loan approved
CIMB islamics 72500, 9years with 2.43%

I see the majority of you fellas here are taking HP loans of 7 or 9 years.

You should keep it at max of 5 years loan tenure.
If you can't, that means you are not able to afford the car. Get a cheaper car.

interest rate also base on car brand ...
bcoz some brands have subsidies the interest rate by 0.1-0.2% ...

Need some info on Honda loan. There is an offer of 0.88% for 9 years loan for selected model. Is the Honda City in the list ?

Some info from a website on this offer...

http://savemoney.my/honda-malaysia-financi...-december-2012/

Aih, why don't have this promotion for Toyota

Anyone has any idea how much Ford fiesta interest rate?