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 Best Motorcycle Loan, Aeon credit ?

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haturaya
post Jul 29 2017, 08:00 PM

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AEON vs personal loan... do compare. Sometime it's cheaper to get personal loan, way cheaper if you're government staff.
haturaya
post Jul 31 2017, 12:35 PM

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QUOTE(ZZR-Pilot @ Jul 31 2017, 11:41 AM)
AEON allows some variation in the selling price by diff retailers, meaning they allow u to hutang a bit more to accommodate the various sticker prices at diff shops.

But hutang is still hutang. It doesn't mean extra free cash for u.

Always aim for the least amount of hutang.

Motor RM35k tapi kau sengaja balun hutang RM38k just because AEON lets you... then kau yg rugi, AEON yg untung.
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Loan for nothing - with interest sumo more. shakehead.gif


QUOTE(minde @ Jul 31 2017, 11:46 AM)
agreed to take less. paying about 30-40% down payment. just i saw the list from the motorcycle shop is RM38k instead of RM35k.

The RM38K include all the others like insurance, road tax etc. If add all up in cash price i think is RM37.5k. RM500 bucks for Aeon processing fee and all.

May consider personal loan since less hassle with bike registration etc.
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Exactly. Sometime, there's good personal loan promotion. Cheaper than AEON, less hassle. Pay slip, sign here & there, done.
haturaya
post Aug 2 2017, 06:35 AM

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QUOTE(minde @ Jul 31 2017, 05:49 PM)
btw if aeon's profit rating for example is 0.4% per month. Do we just simple multiply 12 to get the effective annual rate?
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sweat.gif Rusty math... not sure how to calculate. As for me, total to pay & monthly payment matters. whistling.gif


QUOTE(minde @ Aug 1 2017, 09:45 PM)
btw, what's the best company to take a motorcycle loan ? out of curiosity.
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Do shop around & compare. They have variable interest rates according to bike cc, special promotions, its not fix.
haturaya
post Aug 2 2017, 04:43 PM

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I bought my scooter with my cc, 0% interest, but 18 months only. Truly interest free.
haturaya
post Aug 7 2017, 08:18 PM

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QUOTE(minde @ Aug 7 2017, 12:28 PM)
if you get motorcycle loan, is the bike registered under your name or the banks? is it difficult to sell the bike after ?
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It will be registered under your name but with "Tuntutan hak milik ...." clause attach. sweat.gif
haturaya
post Aug 20 2017, 01:01 PM

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QUOTE(extrememech @ Aug 20 2017, 01:55 AM)
seriously? which shop u went and which card u swipe? lol
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Yup... Not joking...

Hiap Aik Speed Motor Enterprise Sdn. Bhd. Bought Ego LC Fi for RM6k (on the road price) March 2015. Monthly RM333.33 per month for 18 months. I used my Maybank credit card. Any Maybank credit card can be used. thumbup.gif

Why pay RM6k cash straight away. Better to put it somewhere for short term return thumbup.gif

This post has been edited by haturaya: Aug 20 2017, 01:02 PM
haturaya
post Aug 20 2017, 07:26 PM

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QUOTE(extrememech @ Aug 20 2017, 06:34 PM)
means only maybank credit card? ... look interesting.... hahaha
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If my memory serves me right, yes only Maybank credit card. Not sure now. That was 3 ++ years ago. sweat.gif
haturaya
post Aug 21 2017, 06:43 AM

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QUOTE(extrememech @ Aug 21 2017, 12:29 AM)
i saw in fb... is only maybank card... perhaps should go see if have nvx... hehehe
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They should have. NVX thumbup.gif

 

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