I have two questions here :
1. Let say on Mudah.my the car dealer posted the price of the car to be MYR40000, how much is the total price should I expect considering any other fees? And the extra charges and fees would be paid cash or will be included into the loan?

Basically for used car, you need to pay for the insurance and processing fees (for road tax, Puspakom inspection, ownership transfer JPJ fee, bank chargers , GST etc).  For a RM40,000 car, the insurance should be around RM1400 ++ . Processing fees on the hand , will vary from RM1XXX to RM2XXX.


2. In what condition nowadays getting personal loan to buy used car be more worth than getting used car loan?


Interest rates for personal loan is very high and will never be lower than the rate offered for used car loan.

Hi guys, I have a question. I signed my car loan on 23th November with Public Bank.

Got my car on 25th.

Until today I not yet receive my Public Bank account or loan account number to pay my loan. I whatsapp my banker, she say it will arrive by mail.

Is it my 1st car loan payment will start on 23th December this month? When will I receive the account then? I don't want to miss the due date to pay my car