Jump to content

Welcome to Autoworld Forum !

Sign In or Register to gain full access to our forums. By registering with us, you'll be able to discuss, share and private message with other members of our community.

Close
Photo

Need Advice (securing Loan For Used Car)


  • Please log in to reply

#1
dixonleong

Posted 31 July 2011 - 07:16 PM

dixonleong

    Member

  • Members
  • Pip
  • 11 posts
All sifu

Need some advice.

My wife wanted to purchase a used car...value bout 37k
We are dumping in 10k deposit and expecting loan tenure of 24 months
but my wife salary is around 2.5k .....i'm willing to be the guarantor (salary 5k+)
is it possible or we need to extend the tenure

also planning to secure loan ourselves, so what sort of document needed
dealer nowadays does not accept deposit/diwnpayment prior securing a loan
any document i need to bring to banker to prove i'm securing loan to purchase the car ?