From month to month when u repay HP Loan, the amount is slowly reducing and no way the return can be higher.

Let say u take HP for the car for 100k, after repay RM5k monthly instalment
Month 1 owe bank - 95k
Month 2 owe bank - 90k

Slowly your cash is lower month by month

https://forum.lowyat.net/index.php?showtopi...ost&p=108293530 - Housing loan is scary


https://forum.lowyat.net/index.php?showtopi...ost&p=109676623 - Why so many K/ here said Buy House is bank Scam?


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My reposts above fyi, ie best to avoid refinancing or do partial settlement with cash for a car or house loan during the first few years of monthly repayment because most of the monthly repayment during the 1st few years are for interest payments, not for payment on the principal loan.
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Coz they are confused about two different things.

1. Car loan works on EIR basis. So the 2.x% eventually ends up to 4-5% depending.
2. 100k in FD at 4% returns more - possibly but you must first have 100k in bank and keep it for 7 years.
3. If you keep 100k in bank, that means you don't have a car.
4. If you get a car and pay using that 100k, you won't have the entirety of the 100k to compound for 7 years, so the math at No. 3 no longer applies.

I'm not sure why they think somehow if you put 100k in bank account then they don't need to service the loan. And if you are not using the 100k to service the loan, why need to be concerned over the 100k in FD or not?

The only argument to make is that you have better cashflow which carries an opportunity cost if you use it to service the loan, maybe you can't pay your CC debt, you can't so starbucks or pump Ron97 etc.

they argue that while keeping the 100k as FD and bought a car and taking 100k loan, they use their own monthly salary to pay for the loan installment, clever isn't it, got car, got FD, win win

So ur saying that taking 9 year loan on an ICE car is fine then?

So who is this guy who thinks its wortth 30k after 5 year?

He can predict future ah? Why dont he preditc its 10k only?

So after 5 years the car still 50k he mah piak piak his own face?

Really amazed at how got so many “predicters” in malaysia. So good in predicting dont see him buy btc and be rich pun instead do so many sohai content for attention.

True storeyz

Such a boomer way of saying things, syok sendiri

thats like saying anyone who takes more than 20 years home loan are losers and cannot afford the house.

Banks have legal department with loads of staff.

No worries.

And if u've met some kakak or makcik who worked long enough at the repo department, they can be more samseng than thugs when needed.

Want splash red paint kah

Lol

Many EV owners here already reported no market value for their car so gotta use pakai buang mentality

Hence for that guy to report some market value is already giving face!

A few said .... sudah become many ...adui and after 9 years ICE or EV also almost zero liaw

This post has been edited by etan26: Jun 19 2025, 09:46 AM

aiya masa on tahun 0 no kecoh also bunga ma wah new car woh geng ah

Not 80% is 95%!!!!!

fixed for u

There are cheap cars in MY.. why must you stretch yourself to get a car with loan

This post has been edited by gnc88: Jun 19 2025, 10:02 AM

people buy EV think to save petrol...

but they spend more on tayar

any modification to car rim, potential affect the total millage use...

worry more where to find charger...

low resell value... high insurance coverage ....

why wanna save petrol to hv so many negative???

This post has been edited by stevenlee: Jun 19 2025, 10:06 AM

Buy EV still see resale value?

More of telling him tht many gets loan more than 5yrs+

siapa cakap no market value, even Proton Emas 7 one year car selling at RM60-70k, i'm sure there will be buyer for it. Even left 10-20% of ori price pun ada market value.

Used Tesla , Proton and Perodua EV surely got good demand