Please help with loan

[ez64]

Anyone out there who can help with loan service for cars less than 10years & also more than 10 years. One of my fren got bank loan for a 12 year old car at 5% interest rate but he doesn't know the particulars well coz handled by his uncle. Anyone out there who can help. Please help to achieve my dream of owning a sport & performance car. I earn RM4000 a month and now working for about 1.5 years. My age is 25 years. I have no credit card debts or any loan. Please help me.

 

[DanzEterna]

your salary should be P&C bro....a professional does not reveal how much he earns..
anyways back to your story..i suggest u should go for personal loan, since u have no loans/ CC or watsoever, chances of getting approved by the finance company should be higher.
try bank rakyat, it should be easier.

btw..wat car are u getting?

 

[ez64]

I know that i shoudn't reveal my salary. But sometimes people can't help if they don't know what is the amount i'm able to pay. Maybe they suggest loan with high interest that i'm unable to pay. I plan to get a proton putra, prelude or dc2 but don't know anyone that can do the loan part. I heard some people say that there are still loan available for car more than 10 years with low interest rate. Hoping someone can help

 

[DanzEterna]

u can just mention how much u could afford for car installment each mth...
anyways, loan for dc2, prelude is still available, jap cars still have loan, if continental not available anymore, but loan for jap cars are not much, let say dc2, rm30k++, loan only bout rm15k, therefore u have to fork out half of the car value for downpayment.
putra loan also not high due to the aging car,....if u plan to take 2001 model, then loan will be slightly higher, but u still need to fork out a few k's.