A sales person told me nowadays bank only approve min 5 yrs. Cannot be less than that. Anyone can verify?
Car Loan: 6 years or 9 years?, Which will you pick?
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 Feb 20 2020, 07:25 PM
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23 posts Joined: Jun 2017 From: Penangpore   
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Feb 20 2020, 08:21 PM
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23 posts Joined: Jun 2017 From: Penangpore
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QUOTE(SSJBen @ Feb 20 2020, 07:44 PM) What kinda bullcock story is that? I just bought CX5 2.0 GLS on a 3 year loan last month. That is why this question being raised here. I intend to pay 50% down payment.That said, I put down 35% downpayment.  |
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Feb 21 2020, 04:14 PM
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23 posts Joined: Jun 2017 From: Penangpore
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QUOTE(SSJBen @ Feb 21 2020, 04:11 PM) Tell that salesman to go eat 2 dicks then. Variable type means pay lower interest rate for 1st few yrs then increase? Pls adv.I was given a choice to choose anywhere between 1 to 9 years of loan, there was no requirement of any type. My loan is from Maybank too btw. My interest rate is also the variable type and not the fixed type rate as well. Got, you can choose any number between 1 to 9 years. I was given that option. |
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