Today's news reported ...Hire purchase interest rates for new non-national cars (such as Toyota and Nissan) have increased to 3.25% for loan tenures of five years and below, 3.4% for six to seven years and 3.5% for eight- to nine-year loans.
Stupid.
Can't they make up their mind? Encourage spending with lower borrowing rates? Or protect 'Malysia Products' by raising borrowing rates of foreign makes??
Official news article HERE
Toyota has “a special promotion” for its best selling model, the Toyota Vios.
ReplyDeleteUnder the promotion which is valid until the end of this month, interest rates are as low as 1.68% for a five-year loan, 1.78% for a seven-year tenure and 1.88% for nine years.
ya..saw it after i signed the Latio :p You go for it la :)
ReplyDeleteEh..........but I dun like the CAR, so can't expect me to spend so much $$$$ on a car I DUN LIKE rite?
ReplyDelete