https://www.facebook.com/photo/?fbid=118620...279687040503386

Inb4 buy car cash....oooo wai....

yay!

kito sudah menang!!

Takde duit takyah beli kereta, simple

lol who that idiot that post the screenshot... one is dealer earning commission. one is car seller. one is provide loan to earn interest. all three different

If no money, just buy something that you can afford. What's so difficult?

Buy house giving cash back how?

Bank issue loan also need to issue eInvoice?

Full loan buy car is one of the most dangerous thing someone can do because they clearly cannot afford it

This post has been edited by MR_alien: Jul 12 2024, 11:45 AM

sales agent wanna push sales lettew

senang lhdn nak audit

No.
Traditionally bank loan is 90% of car price.

But full loan these days are done via markup on their invoice. With the implementation of e-invoicing, this cannot be done anymore. Hence full loan will not be possible for new cars.
Used cars and recon still possible.

Padan muka walaun PitNah!

This is good move, people need to face it, if you can't pay deposit you can't afford it. i hope govt will consider limiting car loan duration too. 9 years is too long for a car loan. 7 is still acceptable.

inkambing sharp spike in July car sales?

confusing answer, since bank no need to issue eInvoice for loan dispersed, so what's the issue?

Is the problem with seller cannot issue jack up invoice to bank? If so this makes sense.

This post has been edited by iGamer: Jul 12 2024, 09:16 AM

Beli lexus, mau lebih 10 tahun loan, ada ? Asking on behalf of someone

A full loan is a fool's loan.

Where's the legitimate sources??????

Stop quoting from Soc Med random user account

will they do it (recon & used car dealer) LHDN will look into invoices for the tax.

support, too much kereta on road
beli moto jer

BAgus, the truth be known. No more npl, no more artificial loan growth, no more artificial credit creation, lower prices for actual buyers...economic collapse on the way

Wang deposit pun tak cukup
Mana nak cari wang untuk servis kete nanti?
Kekwa

Eh.. i thought when u loan from bank, ur contract still show ur car value still based on after deposit deduction?

Its not 100% loan on ur bank loan contract

Tak fhm why u guys need to buy the car before August.. kek

recently i always see type M in sponsored post talk like they are millionaire guru, always post some "intelligent" post, but just a roadside rempit talking about financial shit.

1st time heard full loan.

Why bank give full loan and risky business?

Yup.
Previously the invoice they issue is mark-up from "accessories".
Now cannot be done, unless they want to pay tax for these "mark-ups"

Possible, is up for discussion as there is no fixed price for recon & used cars, unlike new cars.

Yes

because got rules saying that you cannot simply full loan on car

car dealer will "add" all accessories to compensate that 10% or close to 10%

then after gotten the loan with "90%" from bank

only belakang mari pusing the figure

if with eInvoice then harder to pusing because the price that issued included all accessories


simple example is

let say myvi is 48k OTR (max can loan is 44k)
then u want full loan
car dealer will issue you want to buy with shitload of accessories to make it to 52k (then loan 48k from bank)
after loan approved only magic the list


note: harder doesnt meant not possible

This post has been edited by fantasy1989: Jul 12 2024, 09:28 AM

Kan ada grab~~~

Soon when P1 P2 car sales drop, will bising

Easy to bypass. Price increase and dealer will waive downpayment as discount just like house loan. Effect still same

They still can issue mark-up invoice , just need do credit note after loan approve

Don't offer full loan ever again. Most of people fall into the trap of buying car with full loan. Many people who take full loan they don't even have saving in their bank account. Some people who actually afford Axia with 10% downpayment but they choose to take Myvi with full loan. They thought like every month only paying 100-150 extra, in fact they can save this up for better lifestyle or paying kids education etc.

If you do not have 10% downpayment for the desire car, it mean you are not ready to buy the car yet. ALL PEOPLE who take full loan guarantee take 9 years loan. Why make your life so struggle just because of to fulfill your desire of owning the dream car.

Full loan

That how ppl gone muflis

Use rebate discount as 10% DP. OWAI

full sos mana full sos apa ranjiao

liddat oso everyone one can put their own tokok tokok fb sos

lel

yea. same like Jacky chan in drunken master. Expect his sifu to teach him all the moves and techniques. End up being forced to go up and down hill carry water from well hundred of times.

Simply by existing and of the right age doesn't mean one is entitled to full loans.

Huh, the statement doesn't make any sense

This could be possible loop hole for full loan....

Lihat post # 6.

no honda no awek

Tis..n still possible wat. After einvoice..accessories out of stock so need to "refund" back to cus after all said n done.

E invoice or no e invoice an invoice is sent. And entered into the books of the company

So someone along the chain issuing fake invoices....

sure got gray area one la ... all this want tipu consumer cepat cepat beli . owai

must buy H so can zut zut amoi ketiak juicy one...later can eat maggi

Ya.. still possible ..just more handshake activity or hassle

instead of semua belakang mari

No need fake invoice, also eInvoice supposedly cannot be faked.

But as pointed out by others, credit note can be issued afterwards.

Which maggi flavour best suited with amoi ketiak juice?

belajar malas, spm teruk, besar2 complain gaji rendah n harga kereta mahal.

Hidup ni kerassss katanya

Good.

Just drive anything within one financial capability.

WTF

Since when hire purchase can full loan?

No wonder so many cars OTR

beli sekadar yg mampu, the hoo haa on this issue is because the car sales agent wan your money only, hypocrisy at its best when they say wanna tolong

i've never take 100% loan for hire & purchase

10% dp also want cash out as cash? harom

Support this move. Too many cars otr creating unnecessary jam. Just look at your surrounding neighbourhood, smelly2 also got min. 2 cars park in their porch.

Markup price for full loan to pay more interest, don't tell me 9 yrs.
Janji 0 cost buying 👍














Oh yes, take the money to invest. Lagi untung

This post has been edited by jojolicia: Jul 12 2024, 09:59 AM

Yg amik full loan tu puak u je mostly
So paham2 je la

Full loan then pay 9 years - with minimal payment

Is torture.

I kinda regret taking that kind of loan when i was young & foolish.

Some puak claim can use the money to earn higher return than the interest

Skrg macam mana

simple, just take aeon credit for downpayment

owai

Amoi won't zut zut too when one can't even afford a deposit for a car.

So disgusting to see so many ppl buy cars with 0% downpayment and 9 year loans..

If have 15 year loans, I am sure ppl will sign up in droves too

Other countries don't have this type of financing.. Janji ada gaya

Earn RM 2k and drive Myvi

You think Gomen wanna kill their golden goose kah?

Gomen owned the banks via GLC
Gomen owned the car companies via GLC
Gomen even owned the prop devs via GLC

no loans means no sales tax, no road tax, no additional taxes from other shits along the way when one buy a car



This post has been edited by JimbeamofNRT: Jul 12 2024, 10:08 AM

Not much diff monthly payment full loan vs 90%. Unknown to many, the 10% is not to protect your interest, but rather to better protect bank interest (no pun intended) in the event of the car being repo.

they did this via creative accounting method

see how they comply with the minimum salary thingy with the car salesmen

on paper put rm1500 as salary but end up kana deduct give back to the co. basically rm0 salary , only get commissions from each car sold by the salesman

same thing also with the KSWP shits. on paper tulis deducted but then later claim back from salesman commissions

This post has been edited by JimbeamofNRT: Jul 12 2024, 10:07 AM

The ministers & BNM offiicials, instead of conveying their worry on climbing domestic debt, should gradually reduce HP tenure from max 9 year to max 5 years.

see my reply Post #63

it wont happen any time soon

you think if gomen really enforced the 20% deposit requirements like before in the 90s you think many can afford to have a car?

topkek ini sure don't understand how e-invoice run

Bank only issue e-invoice for interest charge to customer

Car dealer issue e-invoice to car buyer

As for the cash transaction betwen car dealer and bank has no need to issue e-invoice

Most didn't know that car tax is actually the country's golden goose.

Ok....

Bodoh nak push sales

and EVERYTHING between it
sales tax, consumption tax from plebs buying car
road tax, petrol tax, tax from car insurance, tax from spare parts, tax from service when pleb send to SC, etc

That is why it screwed up today's MY

Because of these ppl, MY can't afford to subsidy petrol anymore

Nope

ini langkah terpuji
kenapa tak puji kerajaan?

b40 PN pandai kecam je
gaji sikit ada hati nak beli kereta full loan

The policymakers in the Gomen allow it to happen

just like now when Gomen give green light to plebs age 18 years and above without no proof of income can simply apply for BNPL

why the diff policy between BNPL and credit card?

Dont worry la sure got loophole....everything oso ft loophole wan....same like game all got hacks

Tahniah madani

MY standard = Double standards

pakat je la...kan jenis spesis yg nak utg...

Good. I sapporkk.

Especially that idiot shopee policy buy now pay later.

RM 30 also buy now pay later

buy tomyam also gooding...can give the masam2 flavor naik sikit

i think macam buying house, developer give rebate

for example, house value actually 500k, then developer put in SNP 700k, then tell you rebate 200k, so you just take loan 500k

means can take 100% loan already

You go outside eat jiken lice also can buy now pay later, gooding yoh

This post has been edited by msacras: Jul 12 2024, 11:25 AM

Won't change anything, just markup to sell recond/2nd hands and don't take the downpayment.

Add in cheap accessory for 10% of car price. Boom, problem solved.

Other countries cars = disposable

In Malaysia cars = society status + resale value

Malaysians pay over RM 10 billion in car taxes every year. How did we end up like this?

car industry contributed a relatively large amount of tax (assuming > RM10billion) , but gov spend a even larger amount (2024 budget RM394 billion).
Gov have no enough money every year to spend.. you are rite not going to happen.. in fact who knows 10+ years loan may happen???

surely from those working in finance department of gov someone will think of tax on petrol one day if not already thought off and rejected before.. since so much car on the road haha

Used car and recond still possible? If that is true, then used car and recond car business will grow faster than before.

kereta = 50k

loan = 60k
10k loan kedai sebab epf tak ada duit lagi....

LOLLLLLLL......kedai kereta jadi ahlong v2.0

fact is, Gomen are too addicted to the car taxes, if possible they want to encourage plebs to change car every 2-5 years

THERE ARE SO MUCH MONEY TO BE MADE FROM THIS ACTUALLY!

at one point I still remember naza did give loan 12 years offer for their Naza car



This post has been edited by JimbeamofNRT: Jul 12 2024, 11:35 AM

Just buy car cash lah. Simple and easy.

loan kedai boleh?

The Hire Purchase Act clearly states that a minimum 10% downpayment is required for all hire purchase.

But Malaysians are so used to taking full loans for everything not only cars, I dont know how we are going to go around that.

that cashback scheme lagi pkmk I tell you, drowning these plebs into forever debts

summore got so many enablers agents brainwashed these plebs " u buy now, later can flip, sure make money one "

This post has been edited by JimbeamofNRT: Jul 12 2024, 11:40 AM

sarahan who now? everyday u can see salesman promise FULL LOAN! FULL LOAN!

bank also closed one eye what, as long documents all proper ctos ccris cantik ok already, diff officer diff bank can give diff results. lulz

I am sure every salesman have their own fav officer. they both need each other,salesman need everything settle within fastest time frame, officer chasing kpi for the month

after all BANK NEEDS TO GIVE OUT LOAN OTHERWISE HOW TO UNTUNG BILLIONS?

This post has been edited by JimbeamofNRT: Jul 12 2024, 11:44 AM