Hi, recently I wanted to purchase a second hand Suzuki Swift 2010. Went to the dealer and they tried for full loan. Turns out I could not get full loan and had to come up with a deposit of RM 4800. I told them it was too much and could only afford RM 2k, but they gave me a solution. They said they would give a discount of RM 1k and the balance (RM 1800, after I pay the RM 2k) I would have to pay to the dealer RM 600 for three months. I verbally agreed but did not sign any agreement yet. I signed the AEON papers earlier coz they said if they get the money they would send to AEON straight. I payed the RM 2k first but still haven’t sign any agreement to pay the balance (RM 600 X 3 months) because I was in a rush and they had not prepared it yet. After discussions with my mom and thinking thoroughly, we decided to decline everything and to not take the car. The dealer even said earlier if you decline the deal the RM 2k that we payed would be burnt. We did not care about the RM 2k so I told the dealer that I would not want to take this car. They then said that they have changed the car’s name under my name and that they already have the money from AEON. They even showed me the grant under my name. I then told them how could you proceed whilst I haven’t settled the deposit fully, in my case I have not signed anything to prove that I will pay to them RM 600 monthly. After a little going forth and back they then told me they would give me the keys only if I pay them RM 1800 in cash because they said they could not trust me. I keep on telling them that I do not want the car but they’re saying it’s too late now. It’s been over a week and I still haven’t picked up the car yet.

Guys if you understand my story please do try to help me with a soulution. I’m in a dilemma. Thank you

if your loan is approved from aeon. there is no turning back. by 3 months u dont pay the loan aeon. nasty debt collectors will be looking for you

What should I do then?

Are you sign off the agreement yet? if not, you can make a police report, but sure you burn the deposit.

Hi, I signed the agreement with AEON but not with the shop for the balance deposit to be payed monthly. Don’t care about the deposit just wanna get out of this mess now.

Agreement signed, but can't afford the installment, I suggest you go to AKPK for further advised, I see your future is became another victim for a bankruptcy person, good luck.

Hi, I pity u in this bad situation. May I know what's the interest from Aeon? Should be double of the normal interest from normal banks. If u need assistance, u can pm me

Already sign with Bank, that is full stop. Borrow the Rm1800 from someone closed to you to clear it and drive the car home as happy man.

6%+ is the interest. How can u help me?

Hmm thanks for the advice.

since alrdy sign with bank then no turning back already ...enjoy the car ..