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 Latest Car Loan Rate 2012-2021| 2021

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tcken
post May 30 2023, 11:14 PM

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Hi. My friend is getting a Myvi H.

The loan is approved by Affin bank

42K 3.48%

Is this considered normal or high?

tcken
post May 31 2023, 09:32 AM

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QUOTE(OrangeGrove @ May 30 2023, 11:30 PM)
Used or new?
Looks like a used car interest rate?
*
New car booking and still need to wait for 4-6 months until the arrival of the car. The agent says Myvi rate loan tends to be higher than other cars.

This post has been edited by tcken: May 31 2023, 09:33 AM
tcken
post May 31 2023, 10:43 AM

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QUOTE(OrangeGrove @ May 31 2023, 10:39 AM)
oh...
yea, for some reason, rates for national cars tend to be higher.
didnt know it is that high, almost used car rate
*
I got shocked too when I received the offered rate. Is that possible to apply for another bank loan without going through the agent?
tcken
post May 31 2023, 06:39 PM

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Thanks for the replies. I'll check with another bank and see. :S
tcken
post Jun 22 2023, 06:06 PM

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QUOTE(as77 @ Jun 12 2023, 11:32 AM)
my brother getting myvi AV, maybank offer him 3.62% on 42k loan. also this is his first car.

why so hai one the interest rate? salesman said cause opr increased and will increase 3 more times this year. suddenly became bnm officer.

is this true?
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Yes. The agent says my rate is the cheapest compared to others. I could outsource if I don't believe it. = =

 

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