Mar 7 2018, 12:28 PM
QUOTE(kalakatu @ Mar 6 2018, 09:16 AM)
Quick question;
I plan to buy a Perodua Axia 1.0E, OTR price RM24,900 with downpayment RM10,000 and loan for the rest.
And I'd like to have a short instalment term, preferably 3 or 5 years max.
The perodua sales advisor told me that for such short instalment term, the interest rate is high. She quoted 4% and 4.5% for 3 and 5 years, respectively. Is this normal?
If for 5 years hire purchase loan of new local car, should not be that high. Usually the interest rate should be within 3~3.5%I plan to buy a Perodua Axia 1.0E, OTR price RM24,900 with downpayment RM10,000 and loan for the rest.
And I'd like to have a short instalment term, preferably 3 or 5 years max.
The perodua sales advisor told me that for such short instalment term, the interest rate is high. She quoted 4% and 4.5% for 3 and 5 years, respectively. Is this normal?
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