QUOTE(contestchris @ May 19 2021, 02:37 PM)
Guys, I've been checking in every 2 weeks with my SA, and finally asked him if there's any good news cause otherwise I might be getting another car (to meet the June 2021 0% SST deadline).
Then my SA calls and say, to sign the loan agreement. Doesn't guarantee I will get the car, but high chance. This are his words. Exec variant, open colour, booked in early March 2021.
My only concern is, is there a danger of signing the loan agreement, before there is certainty of getting the car? When does the first repayment begin - one month from signing of loan agreement, or one month from disbursement?
Thanks!
The installment start 1 month after you received the car, not upon signing
After you sign the loan agreement, the agreement, rates etc valid for 6 months, means after 6 months you sign, no car, you need to reapply for loan
And no any danger or signing the loan agreement, you can cancel if you got better offer from other bank
The only danger in car purchase, is signing the Car Receives Forms,, check your car thoroughly before signing
This post has been edited by Old1030: May 20 2021, 10:56 AM