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 Latest Car Loan Rate 2012-2021| 2021

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stargate8
post Feb 17 2012, 10:42 PM

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depends on those who want to be cash rich or "debt deep"...hahaha

if u earn 5k/month, but drive viva, you are saving more cash

use cash grow cash

stargate8
post Feb 22 2012, 12:57 PM

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QUOTE(eistern @ Feb 19 2012, 03:11 PM)
haha..u know la which la..the soon launching
*
that is a good value car. hope the premium variant is less than or around 70k.
with 4k/mth and a baby coming soon, is your spouse working? if yes then ok

if you have house loan or other commitment then maybe need to reconsider.

for 4k-5k salary, if u are single, and no other commitment, will be more comfortable for this car loan


Added on February 22, 2012, 1:03 pm
QUOTE(reapertiew @ Feb 19 2012, 01:34 PM)
biggrin.gif oic... actually im thinking of buying city or forte, but what i heard from other ppl said,
they said after election car tax will be reduce  blink.gif ... but dunno how true is it...  blush.gif
*
don't believe rumors... but if true, then its a good news for everyone.

This post has been edited by stargate8: Feb 22 2012, 01:03 PM
stargate8
post Feb 23 2012, 09:23 PM

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QUOTE(eistern @ Feb 23 2012, 09:07 PM)
my wife also earning ard 4k/month,but she has some loans..i might be getting a house soon (of course with loan too)
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hmm, as long as your combined household income minus off the expenses and loans, you must have +ve net income.
stargate8
post Mar 7 2012, 09:27 AM

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what is the lowest rate for national car?

45K - 5yrs
65K - 5yrs and 7yrs.
stargate8
post Apr 8 2012, 12:11 PM

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QUOTE(mynewuser @ Apr 8 2012, 11:20 AM)
My friend get 3.25% for his 9 year loan 6.0k. Exora Bold. Is it normal?
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its on the high side
stargate8
post Apr 8 2012, 11:34 PM

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depends on loan amount, loan years, credit history, salary...
stargate8
post Apr 10 2012, 08:48 AM

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QUOTE(nagapelangi @ Apr 10 2012, 02:51 AM)
Guys, need some advise here.

My salary is rm 3k. now 7 months into my job, monthly i save around rm1500 nett after food and rent. at first thinking to buy a used Mazda/Honda/Toyota, the loan would set me back easily around rm800 per month.

but after some mature financial thinking, i think im just gonna buy a second hand Wira Mivec 1.5, price range 12k to 18k. With a bit of downpayment, monthly i would be paying rm150-rm200. Good choice or not?

Petrol is no problem, coz i often go site visit to the construction site. After claim, can get around rm300 per month.
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if this is your first car, is a good choice, save up more cash for bigger purchase later such as, a house.
get someone to check the car if you don't know about cars. used car tend to have some repair here n there.

stargate8
post Apr 24 2012, 10:19 AM

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if it's fixed for 9yrs, its really too good to be true.
stargate8
post Jun 10 2012, 06:56 PM

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QUOTE(crazeepunk @ Jun 10 2012, 05:50 PM)
Hi gurus,
I would like to ask if I wanna buy Kia Forte Koup(ard 115k) and my basic is 4.3k with no other commitments, what interest can I get for 7 years .
If i put 10% downpayment  or 50% downpayment got difference in the loan rates?
Thanks
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usually the lesser the loan amount the higher interest rate would be.
you better check with your banker
stargate8
post Jun 10 2012, 07:28 PM

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QUOTE(Kaka23 @ Jun 10 2012, 07:23 PM)
Preve can get good rate? Below 2.5%pa?
*
how i wish can get, but no, lowest is 2.6% for preve.
i am waiting for rhb.
stargate8
post Jun 10 2012, 08:20 PM

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QUOTE(Kaka23 @ Jun 10 2012, 08:13 PM)
Mind to share 2.6%pa is loan how many percent?
*
it based on the loan amount, one of the forumer got it for 55k loan.

check out those car thread for reference, then ask your banker to get the best rate for u
stargate8
post Jun 12 2012, 11:45 PM

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QUOTE(cutejams2004 @ Jun 12 2012, 11:35 PM)
i recently planned to get a car and my loan was approved from RHB, However, now i wish to switch the car dealer and the new dealer said I can get my approved loan to be transferred over since I did not sign anything yet. The new dealer is in the process to do so, but somehow the previous car dealer got to know. Both are perodua dealers by the way. Now the old dealer is kind harassing us by calling off and on to tell us they'll match whatever offer given by the new dealer but would not allow the loan to be transferred.

Can the car dealer do so since the loan approval is by right subjected to the bank's approval?
*
the dealer has no right to stop you from changing dealer, you may call perodua and report this SA.
but why change dealer? due to better offer?
stargate8
post Jun 13 2012, 12:20 AM

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QUOTE(cutejams2004 @ Jun 12 2012, 11:53 PM)
Yups better offer. Actually I did try to nego with the intial dealer but the SA had the guts to tell me the other dealer is just offering loads of freebies and additional discount of 1K to attract me...I was like  blink.gif  - aren't I a customer and isn't it your job to indeed attract a customer sweat.gif  So i chose to just go to the other dealer. But now the prev SA keeps calling to say they'll match the offer, though i seriously am not interested to go back to them.

I just want to have my loan which is already approved by rhb to be transferred to the other dealer...
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well you may tell your new SA to apply new loan with other bank.
when buying new car, you may have multiple bank approved your loan application, but still your right to choose.

getting new car loan approve only few days,not point wasting time to get your previous SA to transfer the loan.
stargate8
post Jun 13 2012, 12:37 AM

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QUOTE(cutejams2004 @ Jun 13 2012, 12:24 AM)
ok noted, thank you! have informed the new SA to just proceed with other banks
*
biggrin.gif
stargate8
post Jul 26 2012, 11:38 PM

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QUOTE(spidey2033 @ Jul 26 2012, 05:15 PM)
Hi all juz wanna ask if my salary is 1500, can i get a loan for 49000? Im planning to buy 2nd proton satria neo cps.. Help need plz..
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most likely will be rejected.
stargate8
post Jul 27 2012, 07:47 PM

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QUOTE(spidey2033 @ Jul 27 2012, 11:30 AM)
ohh really? how am i gonna buy car... damn... doh.gif
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best rule of thumb is, monthly loan repayment not more than 1/3 of your NET salary.
otherwise, you will suffer.

unless you got parents to pay for your living expenses and also higher DP. say 20-30%.
stargate8
post Jul 29 2012, 12:33 PM

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QUOTE(spidey2033 @ Jul 28 2012, 10:36 AM)
Im living with my parent btw... do u mind tell me which bank is easy to get loan? sweat.gif
*
maybe your parent can be your guarantor... try those banks which u and parent have account with.. chances of getting may be higher...

 

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