Car Loans for Malaysians (Minimum Eligibility and Tips for Commission Based Earner) | PART 1

We have a special guest with us today, Mr. Lim, who works in a local anchor bank. He will be sharing some insights on the car loan mechanism and most importantly from the bank's perspective

[@juongsianglim2744]

Hi Mr Wayne & Rodney , i run a trucking business which i inherit from my father , how long is my new Sole proprietorship need to operate before i can apply loan for buying a car ?

[@Ivan-qo7lr]

Hi, may I check how many % of downpayment we must pay for a coupe car? Thanks.

[@waynerodney2741]

Ivan Yee All car loan can be up to 90% but all this is subjected to the bank’s approval. For a coupe car, be prepared to fork out 10% - 30% Downpayment.

[@Ivan-qo7lr]

@@waynerodney2741 noted. Thanks for sharing the useful info.

[@waynerodney2741]

Glad that we’re able to assist