Thanks guys.

By the way, i also try applying for Bank Rakyat. Just got sms its approved

"RM0.00 Pembiayaan SEWA BELI KENDERAAN-I ANNAQLU 1 (NON BPA/PGM-NAS) anda telah diluluskan sebanyak RM 55,700.00. Harga Jualan adalah RM 68,984.45. Pertanyaan lanjut sila hubungi BANK RAKYAT 1300805454"

that looks around 2.65%, tho im not sure if its variable or fixed since the sms just say its approved for what amount... gonna ask the bank tomorrow


If its fixed, for Myvi which deem higher risk by bank, is pretty good rate right?


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2.65% is fixed. You will never get variable rate at 2.65% unless bank staff.

5-year tenure, foreign car
RHB 2.45% Variable
HL Islamic 2.4% Fixed

wow so nice rate. what car and what is your loan amount

Forgot to put.
Ford Raptor.
RM170,000

EIR for RHB i-Flexi is 4.64%, max ceiling is 12%. HPRTT RM821.

I think I've heard that the lowest HL Islamic could give for fixed nowadays is 2.34%. They have the Rebate calculator for early settlement as well on their website. Very neat. HPRTT of HL costs RM833.

Between these 2, I chose fixed.

Tesla Model 3 RWD
Loan 170k, 9 years

Maybank - flat rate 2.5%, flexi rate 2.35%, ARP 1.98%
Ambank flat rate 2.5%
RHB flexi 2.05%

RHB seemed very low dunno whether any catch, but Maybank and Ambank is official Tesla financier together with the panel insurance company Etika and Liberty respectively

This post has been edited by yeapsc73: Oct 12 2023, 02:56 PM

I thought Maybank has its special EV financing?

'Preferential & competitive financing rates for your Tesla as low as 1.98% under the Accelerated Repayment Package'

Yes that's the ARP

Is like paying more for first few years then gradually go down. End 9 years average effective rate 1.98%

Wah flexi rate 2.35%
Good deal

Vios G loan RM 80K

BSN 2.45% fixed rate
Bank Islam 2.3% fixed rate

7 years loan

I went with Bank Islam however I had to pay for reducing term Takaful RM 474.40.

wow, better than my public bank rate just last month.

The Takaful is good to have as security but not essential

Recommended to take if you're a family man. RM 474 for peace of mind in event of life changing event to your next of kin.

Yes you are correct but somehow Bank Islam insisted that I take the Takaful and they said its in their procedure. But to be honest I don't mind it. Its only a one off payment.

Indeed. Plus factoring in the total amount to be paid I still save RM 365.60 as compared to BSN. So just took it without much argument.

Highly recommend to ask HL & Affin for EV.

Rm150k 5 years. Model 3 Tesla.

Maybank 2.00% flat rate, 1.95% iF ARP.
RHB 2.05% variable rate

The rest didnt bother returning my query, business must be good.

Anyway steer clear of Maybank ARP dont be fooled by the lower rate, if you calculate the upfront higher payment, you actually lose out time value of money.

Honda Civic FE RS 1.5T

RM 140k 9 years

AmBank 2.7% Fixed
Public Bank 2.48% Fixed

Would you mind to share what are the steps needed to purchase a Tesla right now? Like what to do after placing the 1k deposit and when to apply for loan? When are we required to pay the downpayment and what about the insurance?

Thank you in advance!

They will send you email after 1k deposit on the next steps, but you can basically start applying loan with your order agreement first. Downpayment wait for sales advisor to call you after your loan is approved.

Foreign car

Maybank 2.45
Public 2.45