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.

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....

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.

WTF

Since when hire purchase can full loan?

No wonder so many cars OTR

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

That is why it screwed up today's MY

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

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

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

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.

sometime if you use pay later, you can get good voucher.
different payment method , different voucher..

Motor pun ada full loan boss...so lepas ni takda 0 deposit lagi hahaha

Boleh buat ke bang cmni?

Pkmk hkc = pukimak hamkachan? Haha

yeah..i use this couple times, initialy they give 1500 limit, i pay on time, they give me 2000 limit, now 3000..
somemore got installment.. for those cannot control your shopping addiction...don't use this method...lol

Benda ada loophole haha

banyak here yang bash orang take full loan tu memang not so clever

how much interest rate of car loan? why not take full and longest tenure?

ppl take full car loan u also can not tahan, then what about those take 'full' home loan out there? jeli? red eye?

I hate this.

Why cash and using loan to buy will have different prices? It's like 2k-3k mark up and they never show this in their adverts.

Duit riba harom memang sedap..

RRP murah je but take interest mcm sohai

got one friend buy car full loan, how come?

since when we can full loan a car

no one tell me this kangtao omg

Good move
If cannot afford it, don't
Paying much more than what it should be
These seller/bank agents getting cut