Sep 14 2021, 01:15 AM
QUOTE(LarryPizzaGuy @ Sep 14 2021, 12:38 AM)
IIRC, local banks don't offer HP loans for used car; unless its a pre-owned/pre-registered cars from market brands/direct manufacturer.
Best you can go for are personal loans for bank, to act as a car loan for your 2nd hand car.
Else, a better option is to have a personal loan between family/friends, a loan in exchange for a interest rate higher than the bank's Fixed Deposit rate.
Someone may correct me on this, but those are what I can recall.
A quick glance at a few local bank site did mention hire purchase available for used car but not sure if it’s that easy to get the loan approved tho.Best you can go for are personal loans for bank, to act as a car loan for your 2nd hand car.
Else, a better option is to have a personal loan between family/friends, a loan in exchange for a interest rate higher than the bank's Fixed Deposit rate.
Someone may correct me on this, but those are what I can recall.
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