Darevil 3rd Gear July 25, 2017 Share July 25, 2017 1st day of Register 1st Post of self advert. Even give URL. Haha. Ownself praise ownself. hahah but back to topic. Theres a reason why some people need in-house loan. and whatever the dealer charges you for extra fee. Needless to say. In short : He help you, You help him. ↡ Advertisement Link to post Share on other sites More sharing options...
JiroWang Neutral Newbie July 26, 2017 Share July 26, 2017 UOB 2.5% Link to post Share on other sites More sharing options...
Metalslug2 3rd Gear July 26, 2017 Share July 26, 2017 heard banks dont do coe renewal loan Link to post Share on other sites More sharing options...
Yymail22 2nd Gear July 29, 2017 Share July 29, 2017 What is the typical in-house loan interest rate like at present? Thanks for your input! Link to post Share on other sites More sharing options...
walkofwinners 4th Gear August 1, 2017 Share August 1, 2017 Kia/Hyundai lowest was 1.98%, suzuki was 2.18%. 1 Link to post Share on other sites More sharing options...
usedcarlobang Neutral Newbie August 13, 2017 Share August 13, 2017 Can I get a loan for a used car with less than 1 year to coe expiry? 1 Link to post Share on other sites More sharing options...
Hoseyboh Twincharged August 13, 2017 Share August 13, 2017 Can I get a loan for a used car with less than 1 year to coe expiry? You can try Dickson Auto. My direct car buyer got a loan thru them. He bought over my car with 9 months COE left.... Link to post Share on other sites More sharing options...
wongykang August 30, 2017 Share August 30, 2017 just got tokyo leasing loan at int 2.98% thanks for recommendation 1 Link to post Share on other sites More sharing options...
Bedazzled6 Neutral Newbie September 16, 2017 Share September 16, 2017 We do not have a pleasant experience with inhouse car loan especially from F S Credit at 3 & 3A Jalan Mas Putra hence it is highly not recommended. It was very pressurized during the first meeting and we ended getting a loan there as we have signed on unfavourable terms. When we wanted to cancel, they asked for $500 fees for the time spent or full settlement of the loan. Do not feel pressurized. If you do, just walk away and do not sign any documents. We want to share this and let our voice be heard so that others can learn from our experience. 1 Link to post Share on other sites More sharing options...
silvias13 Clutched September 17, 2017 Share September 17, 2017 We do not have a pleasant experience with inhouse car loan especially from F S Credit at 3 & 3A Jalan Mas Putra hence it is highly not recommended. It was very pressurized during the first meeting and we ended getting a loan there as we have signed on unfavourable terms. When we wanted to cancel, they asked for $500 fees for the time spent or full settlement of the loan. Do not feel pressurized. If you do, just walk away and do not sign any documents. We want to share this and let our voice be heard so that others can learn from our experience. this in malaysia? 1 Link to post Share on other sites More sharing options...
Bedazzled6 Neutral Newbie September 17, 2017 Share September 17, 2017 @silvias13, thank you for finding my post useful, it happened in SG. I am not very sure if this practice extends to MY. Do your research and add up the total costs/interest of the proposal. Do be prudent, avoid the inhouse loans. If you cannot get a proper bank loan, you may want to consider not owning a car. Link to post Share on other sites More sharing options...
slingswish 1st Gear September 21, 2017 Share September 21, 2017 Kia/Hyundai lowest was 1.98%, suzuki was 2.18%. Kia in house got 1.98%? I thought it was higher than bank 2.98%. Will try and ask this weekend when visit their showroom. 1 Link to post Share on other sites More sharing options...
kelvinchui Neutral Newbie May 24, 2018 Share May 24, 2018 I got some questions on in-house financing. 1) How does it work? Will ownership of vehicle be registered under my name or a company name? 2) I am looking to change my old Civic for a brand new Civic 1.5T. However, I don't want to put up the 40% down payment. Is it possible to take a loan from financing company to buy a car from Kah Motor? Or is it only for 2nd hand cars? Link to post Share on other sites More sharing options...
Lanevomax 1st Gear May 24, 2018 Share May 24, 2018 I got some questions on in-house financing. 1) How does it work? Will ownership of vehicle be registered under my name or a company name? 2) I am looking to change my old Civic for a brand new Civic 1.5T. However, I don't want to put up the 40% down payment. Is it possible to take a loan from financing company to buy a car from Kah Motor? Or is it only for 2nd hand cars? 1) in house loan , basically car dealer get the private finance company to loan credit for buyer. It is like personal loan , same theory if installment not paid , they will tow away car too. The interest rate can be extremely high like etc 3.98% or more. There might be more cross/agreement than MAS approve bank. Yes, the car will still be under your name unless it is a leasing scheme. better read throught all the lines before sign the documents if you are planning for it. it can be very hard to get rid of after documents sign. 2) Most of the authorise dealer will not violate the MAS law , they will get penalised and it is not worth it. 2nd hand cars will do the in house loan scheme only. ↡ Advertisement Link to post Share on other sites More sharing options...
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