QUOTE(:3mushy:3 @ Mar 20 2014, 08:29 PM)
I don't see how this is going to help out Proton and Produa. Could it be just a hoax? I asked my colleague whose father is a car dealer but he told me he didn't hear anything about it (could be he is still not informed though).


so the problem is better buy car first?
QUOTE(gyver @ Mar 20 2014, 08:40 PM)
I tot so too.
But the news on the insurance hike was also scoop by the same blog. That is like 3 days before the news finally came out on local news.
That time also I called my friends at CIMB Bank and also a few of my friends who are car salesmen and they said no at first. Then later found out it was true.
My friend from HLB said it's tru also
QUOTE(khairilyazit @ Mar 20 2014, 10:30 PM)
nope.. probably a little bit increased.. people who have been getting 3% would be getting close to 3.5.. and 2.8% getting 3..
interest rate is offered according to an individual record with bank, CCRIS, CTOS, the banks confidence in u being able to make the payment and etc... there is no set interest offered... the offers from car manufacturers is actually them compensating to the banks for the reduced interest rate..
like how ford did the 1.88% promo late last year..
One of my banker friend said the effective interest rate is almost the same as current interest rate