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 Car Loan Interest Rate

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raymista
post Oct 1 2009, 01:00 PM

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Joined: Jan 2009


hi to all,

can anyone provide me wif sum infos on which bank offers d lowest interest rates right now? hmm.gif
need help to determine the rates for a used satria GTi this time around.. coz i'm trying to calculate my affordability.
all help n infos r highly appreciated. thanx!~ notworthy.gif
raymista
post Oct 3 2009, 01:41 PM

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means dat all banks' rate shudn't go above the aforementioned standard rates eh? or still depends on the bank itself to set any amount?
fyi, i'm trying to get myself a GTi from the year 2000 valued at 28k. the longest period 4 repayment cud b 6 years ryte? so roughly i wud b paying around RM430/month?

TQ though for ur reply icon_rolleyes.gif


QUOTE(elv2k @ Oct 3 2009, 10:58 AM)
Standard rate as at 1st October 2009.

Non national car
(Toyota, Honda, Suzuki etc)
3-5 years 3.25%
6-7 years 3.40%
8-9 years 3.50%

New national & recon car
(Proton, Perodua etc)
3-5 years 3.50%
6-7 years 3.65%
8-9 years 3.75%

Used car (Less than 10 years and popular model)
3-5 years 3.75%
6-7 years 3.85%
8-9 years 4.00%

New commercial vehicle

3-5 years 3.75%
6-7 years 3.90%
8-9 years 4.00%
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