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Sep 28, 2008

Car buyers to pay more due to interest rate hike

Star | Car buyers will have to pay more in monthly instalments now that hire purchare interest rates have gone up.

Just a few months ago, banks offered interest rates at around 2.5%. Now, the rates are between 3.4% and 4.7% for new cars.

Maybank hire purchase senior manager Nor Siah Othman said the bank had experienced a drop of about 40% in car loan applications in the past two months due to higher rates.

She also advised car owners to restructure their loans to stretch the monthly payments longer after a few years of repayments if they find it a burden to service their loans.

A freelance car salesman identified only as Teo said a buyer taking a RM42,000 loan would have to pay about RM54,000 over seven years - about RM4,000 more compared to the RM50,000 paid when the interest rate was 2.7%.... selanjutnya.

3 comments:

mangchikla said...

Sesiapa boelh bei nasihat. Kalau beli cara Islam, affected juga ke ngan interest rate naik nih? (216)

Nal said...

Rentikanlah...kalau awak pandai sangat g lar suruh Anwar turunkan intererst rate tu. Buat apa tunggu BN buat, Umno buat. kata 16 hb dah buat kerajaan baru PKR, Mana dia. Buat lar...

kalau kita nak turunkan macm minyak, kita turunkan lah, tu pun kalu sesuai, Awak mana tau. Asyik pjuang interest rate kete. Orang kampung tak de nak tukar kete 10 kali setahun de, knapa tak perjuang turun harga ikan, sayur, simen, besi, beras, gula, kopi, roti canai. Yang tu yang orang kampung makan, orang kampung tak nak dengar hal interest rate kete. der.
Kerajaan baru konon...pigi rah...

Anonymous said...

errr..sedara Nal...yg ko bising2 tu pun, apa, kerajaan yg ada sekarang ni bagus sangat ke? 51 tahun memerintah, harga barang2 tu turun ke? ada otak, pikir..jangan nak melalak je..

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