I put 19k deposit and stretch loan to 9 years with the intention of using at least 12 years. Heck, if after 12.years low RV just keep as kereta pergi pasar or buy durian.
My previous Alza, used for 13 years, sold for 19k. I use that money as deposit.
user like u are hard to find these days.
some ppl make 9 year loan, then on 3rd-4th year wanna trade in for newer model then shocked to see the amount that they need to top up to the bank
originally the whole 1st world and 3rd world countries got the same specs of honda fit/jazz. now, 1st world still getting the honda fit and 3rd world got the honda jazz/city hatchback(cheapo and lower quality product).
I know what you mean.. Me from that era too. me want to approve those loan also not easy tim, all documentation needed or need guarantor
housing loan also max 20 or 25 years loan only... now 35 years loan
this car industry generate so much income to gomen-of course they will keep creating more creative ways to make money
"In 2023, the Malaysian government received RM12.4 billion in excise duties from motor vehicle sales, which was projected to be a 1% decrease from the previous year. "
This post has been edited by JimbeamofNRT: Oct 7 2025, 05:01 PM
look ada, power ilek who was the finance minister that time? 97-98 he pushing kaw kaw for us to accept the IMF deal. people mudah lupa.. the interest rate that time was the golden age for car salesman. they will get 1-2% from that interest.