Apr 3 2012, 10:03 PM
QUOTE(HoneyVee86 @ Apr 3 2012, 01:10 PM)
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?
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.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?
Dealer don't get their commission after customer signing the agreement, they do only when customer has signed the delivery order.
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