Hi, I got my hire purchase loan approved, but not sign yet. I realized that my car dealer is not trustworthy, i.e. not keep his promise to me.
I believe that current dealer earns his commission the moment i sign the hire purchase agreement. so i think it is fine for me to change the dealer (if i can change the dealer).


Question: is it possible to get my approved loan to pay for another car with another dealer?

I believe it's possible if it's pre-approved loan from bank..the car dealer still needs to submit something else along with your pre-approved loan offer..

i still have not sign anything or pay any down payment yet. i am quite upset for engaging with some untrustworthy ppl

Tell ur new SA to call the bank officer to arrange, then tell ur old that u dont wanna buy from him already, and plan to transfer the loan. I did the same when i purchase my forte last time.

wat car r u getting???

Yes,No problems.

does it matter?

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Added on April 3, 2012, 9:54 pmThank you Sir, this is clear and concise answer i am looking for

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Added on April 3, 2012, 9:55 pmDid you previous dealer pissed off?

This post has been edited by HoneyVee86: Apr 3 2012, 09:55 PM

Yes. You can do that. Like suggested by other forummer, just find a new SA and ask him/her to contact the bank officer. They know what to do with it. Of course, this is under assumption that you going to get the same brand and model of car.

Yes, you can switch dealer after loan approved. You would need to write a letter with your name, ic number, date, vehicle model, current branch address and request a dealer/branch switching.

Dealer don't get their commission after customer signing the agreement, they do only when customer has signed the delivery order.

I really don't wish to do this, but the dealer fooled me once and you know... once bitten, twice shy....

I means that you looked for a NEW sales agent then ask him/her to call banker.

Btw, did you place any booking fees with previous agent? You ought know that you cant get it back if you dont proceed with the deal since the loan application already approved.

no, not a single sen.... that's the reason the idea came into the picture

So tunggu apa lagi? Google for a better sales agent and make the call by tomorrow.

Good luck

was jus asking~
no harm rite?

yes, u can. i did that before.

Then new dealer pun piss off gak... kekeke...
Queue how ? New dealer need to re-queue again ?

i hv the same problem too...but i did sign the bank agreement with her yesterday already...however, i din pay a single cent to her yet not even the booking fees...she said i cant do tat...i have to re-apply the loan...is she right?she is not trustworthy at all...tats why i wanted to change the car dealer...can i do so?