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Loans  refinance using car

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TSGablhamP
post Jul 1 2026, 04:26 PM, updated 2w ago
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Hi

I came across where I can use my fully own car to refinance, pay loan again, where cash on the hand

legit?
MUM
post Jul 1 2026, 05:17 PM
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QUOTE(Gablham @ Jul 1 2026, 04:26 PM)
Hi

I came across where I can use my fully own car to refinance, pay loan again, where cash on the hand legit?
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Any idea or please elaborate more as why do you think that cash in hand is not legit?
Unless those contract are not legally in compliance to the laws of the country?
Aaron@VQS
post Jul 1 2026, 07:50 PM

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QUOTE(Gablham @ Jul 1 2026, 04:26 PM)
Hi

I came across where I can use my fully own car to refinance, pay loan again, where cash on the hand

legit?
*
If I'm not mistaken, you can't refinance your existing private car with major banks. Might need to transfer ownership to someone first. Maybe nowadays is different.
MUM
post Jul 1 2026, 08:25 PM
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Panduan lengkap refinance kereta dan bila anda patut mempertimbangkannya
12 December 2025.


https://carro.co/my/blog/panduan-lengkap-re...ertimbangkannya

Refinancing A Car Loan – Should You Do It?
Written by Carsome Editorial
13/04/2021

https://www.carsome.my/news/item/refinancing-a-car-loan


This post has been edited by MUM: Jul 1 2026, 08:27 PM

 

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