Panel Bank What car are you getting?

guys.. I tried to get my bank statement from maybank but I've only managed to get from Oct 2011 to Dec 2011. So Jan and Feb 2012 are not available. Can I still provide Oct to Dec 2011 for car loan?

Whats the latest loan rates now? I heard Naza is offering 2.45% from Affin. There is also some talk about 2.3% from Maybank. Not sure how true. Can someone confirm? Im talking about loan values around 100K.

what is the lowest rate for national car?

45K - 5yrs
65K - 5yrs and 7yrs.

Depending on what car you are buying bro I am working at Naza ^.^ buy from me and support me please loL

Erm, if assume that someone salary is RM5.5k. He bought a house at RM 550k (RM 2.6k monthly), and still paying car loan RM 1.5K. So the question is if he want to buy another car for his wife to fetch kids still can or not.?

That 'someone' is yourself?

the kids no need to eat?
under the new BN policy. doubt you can get another car loan approved.

No lah , just ask in behalf of my friend. He now complain that he cant loan another car for his wife, and now he thinking buying old 8k saga which too small for his family( his other car is toyota hilux).

My case different la.. i use my company name to buy car, so i didn't get the restriction. hehe. Although the interest and deposit amount very high.

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Added on March 7, 2012, 11:06 pmHe did have 200k ++ deposit money in bank after selling few lot land in his village.

This post has been edited by makky: Mar 7 2012, 11:06 PM

Can approved if no black listed

Kia Optima. Ive already more or less confirmed getting this car. Just scouting around for the best trade in value for my 2003 Toyota Vios 1.5E (Silver). Which branch are you from?

buying a grand livina with cimb 2.68% for 9 years

Naza Motor Recon side.. Haha

U from recon side a? May i ask if u got any cheap 4wd SUV from thailand?

Thailand nope =.= mostly from jap or uk

Dont think he can get another car loan approved. Under the bnm policy, he had bought the 1st car during the new guidelines dun think he would the loan approve.
Old policy is 30 percent of gross income, for house and/or car. Some banks do not look at other loans.
New policy is 40 percent of Net income from gov staff. Private bank got some leway but 45-50percent max.

But this loan within Net income minus epf, tax, is including all car,house and credit card and personal loan.

I think many sangkut because of the personal loan and cc..

Can the loan calculate using combined net income?
such as owner net income is 4k then guarantor net income is 6k
can get loan of 100k or not?

huh, are you sure? .interest will then be calculated again??
if sure, pls pm me. thanks.

As far as I know, the you can save only some interest.

Example:

If you take RM50k for 5 years, with 3% interest.

in the 5th year, you want to settle, assume the balance is RM 10k, so you can only save 3% from RM 10k interest which is RM 300 is not alot compare to your RM 1500 annual interest amount.


Infact the 3% is not a low interest. At the 5th years, assume your balance is RM 10k, but the annual interest is RM 1.5k (base on RM50k, 3%, 5 yrs). So 1500/10000 = 0.15 = 15% for the final years interest. SO the 3% is only for the 1st years.

SO, try not to get loan for long period of time.

I see! Bro, many thanks

This post has been edited by aikies: Mar 11 2012, 01:06 PM