Jq1988 4th Gear March 23, 2017 Share March 23, 2017 (edited) $3000 penalty from PI if full cash .Yes, that's what my PI SE told me, so I took one year loan, get all the perks and paying off everything this coming April. Best to pay finish early to avoid incurring too much interest from bank. Debt free is best!!! On TOP of that, you get the car price much cheaper compare with those who are paying Long loan. Do your Maths!! Edited March 23, 2017 by Jq1988 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Char 5th Gear March 23, 2017 Share March 23, 2017 (edited) It definitely depend on loan quantum, what's yours for 3k penalty?Min loan 5 years and 50% at 2.78% total interest more than 9k .Yes, that's what my PI SE told me, so I took one year loan, get all the perks and paying off everything this coming April. Best to pay finish early to avoid incurring too much interest from bank. Debt free is best!!! On TOP of that, you get the car price much cheaper compare with those who are paying Long loan. Do your Maths!!Ya much cheaper than 6k+ as interest alone already came up to 9k+ ! In the end after calculation is no brainer to take up loan. Edited March 23, 2017 by Char Link to post Share on other sites More sharing options...
Sunny Hypersonic March 23, 2017 Share March 23, 2017 Last time pml gave 4K discount if took Loan from them Min 50k...min 2 years Of cos I took their min loan la... Got hua 6 Link to post Share on other sites More sharing options...
DC1977 3rd Gear March 23, 2017 Share March 23, 2017 Last time pml gave 4K discount if took Loan from them Min 50k...min 2 years Of cos I took their min loan la... Got hua most contis will wan us to take min loan before the freebies or disc r given lo... mb has a rule: 50% loan for 5yo....then the deal is very sweet Anyone knows the percentage penalty for not taking car loan? I was quoted 3500 for not taking a loan of 63000 @2.78% 7years!Total interest payable works out to 12200+. take loan and do early redemption to get the best deal upfront...alot of ADs use tis tactic! Link to post Share on other sites More sharing options...
Angcheek Hypersonic March 23, 2017 Share March 23, 2017 Anyone knows the percentage penalty for not taking car loan? I was quoted 3500 for not taking a loan of 63000 @2.78% 7years!Total interest payable works out to 12200+. 7 years , definitely the interest payable is higher. Do 5 yrs or lower 6 Link to post Share on other sites More sharing options...
DC1977 3rd Gear March 23, 2017 Share March 23, 2017 7 years , definitely the interest payable is higher. Do 5 yrs or lower agree!!!! 5 yo is min for most..if can go lower better still Link to post Share on other sites More sharing options...
Enye Hypersonic March 23, 2017 Share March 23, 2017 me contrarian... zero down 10 year loan because bo lui 1 Link to post Share on other sites More sharing options...
DC1977 3rd Gear March 23, 2017 Share March 23, 2017 me contrarian... zero down 10 year loan because bo lui Link to post Share on other sites More sharing options...
AndrewLee72 6th Gear March 23, 2017 Share March 23, 2017 I know - Nissan if buy without taking loan - add $2000 - QQ. SE say one. BMW - MPV no loan oso can buy without taking loan haha - S.E say one. 1 Link to post Share on other sites More sharing options...
DC1977 3rd Gear March 23, 2017 Share March 23, 2017 I know - Nissan if buy without taking loan - add $2000 - QQ. SE say one. BMW - MPV no loan oso can buy without taking loan haha - S.E say one. can pass the law meh? hmm loophole huh....wow Link to post Share on other sites More sharing options...
Angcheek Hypersonic March 23, 2017 Share March 23, 2017 me contrarian... zero down 10 year loan because bo lui 8 Link to post Share on other sites More sharing options...
Angcheek Hypersonic March 23, 2017 Share March 23, 2017 (edited) can zero down meh? wow...the interest gao gao le... mai humble le.... he so much money , 10 life time also cannot finish , so got to find way to spend off. So take full loan. Rich one pay Full cash is nothing ..... he is super Rich take Full Loan is the ultimate hor .. siao siao Edited March 23, 2017 by Angcheek 15 Link to post Share on other sites More sharing options...
AndrewLee72 6th Gear March 23, 2017 Share March 23, 2017 (edited) Sorry I stress again. Nissan if buy car - Full payment - add $2K BMW if buy Full payent - same car price as discussed, no additional $$ to pay. Full payment why not - where got foul any rules,, haha Edited March 23, 2017 by Digthis1 Link to post Share on other sites More sharing options...
7007 2nd Gear March 23, 2017 Share March 23, 2017 (edited) C&C loan min 7 year at 2.78% that almost 19.5%!!! Legal AhLong!!! Initially C&C also want me pay extra $5K if I dun take any loan for K3, I told them go & fly kite & I would go somewhere. Next day SE called she got special permission from her mgmt. Edited March 23, 2017 by 7007 1 Link to post Share on other sites More sharing options...
Sunny Hypersonic March 24, 2017 Share March 24, 2017 most contis will wan us to take min loan before the freebies or disc r given lo... mb has a rule: 50% loan for 5yo....then the deal is very sweet take loan and do early redemption to get the best deal upfront...alot of ADs use tis tactic! my time there was not many freebies except 3m solar film, carpet, road tax which i think these are standards from most other ADs in addition, there were overtrade and the loan discount i would prefer a lower price than "freebies" C&C loan min 7 year at 2.78% that almost 19.5%!!! Legal AhLong!!! Initially C&C also want me pay extra $5K if I dun take any loan for K3, I told them go & fly kite & I would go somewhere. Next day SE called she got special permission from her mgmt. 4 Link to post Share on other sites More sharing options...
DC1977 3rd Gear March 24, 2017 Share March 24, 2017 my time there was not many freebies except 3m solar film, carpet, road tax which i think these are standards from most other ADs in addition, there were overtrade and the loan discount i would prefer a lower price than "freebies" yep agree fully!!! more discount than freebies le....more direct more immed lo.... freebies depending la...some r ok some r not needed lo... 2 Link to post Share on other sites More sharing options...
leehock13828 2nd Gear March 24, 2017 Share March 24, 2017 C&C loan min 7 year at 2.78% that almost 19.5%!!! Legal AhLong!!! Initially C&C also want me pay extra $5K if I dun take any loan for K3, I told them go & fly kite & I would go somewhere. Next day SE called she got special permission from her mgmt. In the end what's the special deal? 1 Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged March 24, 2017 Share March 24, 2017 Wah all very rich... I'm struggling with monthly installments.. can change from 5 years to 7 or 10 years? ↡ Advertisement Link to post Share on other sites More sharing options...
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