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The loan rates for shorter period also has been increased by local banks. In Malaysia there is also a flexible type of variable rate car loan that offers you the freedom to reduce your interest by making extra payments toward your car loan. Blog Mybestcardealer Com It is a very useful tool helps you to estimate your monthly budget for a new car into your financial planning. . We have 4 simple steps to start your finance payment estimate. A car loan is also known as a hire purchase in Malaysia and it is when you apply for a loan from a selected bank to finance the purchase of your vehicles whether new used or reconditioned. All interest or profit rates amounts and terms are for reference only and not necessarily applicable to. Use otomy to reach over 2000000 car buyers on Malaysias 1 automotive network. Lenders have different interest rates set for used car loans which depend on a lot of factors such as the age of the vehic...

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