Latest Car Loan Rate 2012-2021| 2021
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 Sep 24 2020, 10:05 AM
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#1
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Junior Member
54 posts Joined: Oct 2011 
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Hi guys, a quick question although I'm not sure this is the right topic to ask
Got my loan approved and was given the LOU which stated the net invoice price is 36000. My loan with the bank is 31000, does that mean I have to pay 5000 as down payment? Thanks in advance |
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Sep 24 2020, 02:04 PM
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#2
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Junior Member
54 posts Joined: Oct 2011
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QUOTE(Buydirect @ Sep 24 2020, 01:00 PM) That's just for paper work. Do consult your SA . If he had committed an OTR price to you, then that price should apply and not anything more. Thanks for the reply bro. But yea was just curious why the OTR price promised by my SA is different from the LOU. Isn't familiar with buying car and didn't but want follow everything blindly hence wanna ask around. But anyway thanks again, really appreciate it. Cheers |
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