QUOTE(steventan85 @ May 29 2023, 09:42 AM)
means i didnt make loss ....
So if you purchase a 100k vehicle (for ease of calculation) with 10k downpayment and 90% at 2.5% for 9 years... your total payment over 9 years is MYR120,250 (20.25k in interest). And let's say you sell the car for 35k.
Compared to purchasing the 100k vehicle with cash. Total payment over 9 years is 100k (0 ringgit paid in interest). Your car sells for 35k cash.
Your 'loss' is the interest paid. Because if you buy in cash you won't pay that interest.
Of course, if that 90k had earned you 4.5% over those 9 years, you would have earned MYR19,168, so your loss is only about 1k ringgit. Need 4.7% to breakeven with 2.5% flat interest rate. But that is about investment returns, nothing to do with the resale value of the car (because that part doesn't change whether you bought for cash or by loan, so comparing it with interest paid is pointless).