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Help? Requirements To Buy A Myvi At Kl?


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#11
MASsenger

Posted 24 May 2012 - 09:50 AM

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QUOTE (yitzlee @ May 23 2012, 06:53 PM) <{POST_SNAPBACK}>
How to calculate how much loan can apply based on the monthly salary?
Any idea?

Simplifying for easy understanding - divide principle + interest by number of months, monthly installments should not exceed 1/3 your salary.

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#12
vr2turbo

Posted 25 May 2012 - 02:48 PM

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QUOTE (MASsenger @ May 24 2012, 09:50 AM) <{POST_SNAPBACK}>
Simplifying for easy understanding - divide principle + interest by number of months, monthly installments should not exceed 1/3 your salary.

1/3 is for total loan repayment, right? If got other loan outstanding then cannot 1/3....

#13
MASsenger

Posted 25 May 2012 - 05:23 PM

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QUOTE (vr2turbo @ May 25 2012, 02:48 PM) <{POST_SNAPBACK}>
1/3 is for total loan repayment, right? If got other loan outstanding then cannot 1/3....

I can't explain the logic and I don't understand it either, but it seems to be individual loan,not total loan!

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#14
vr2turbo

Posted 28 May 2012 - 01:09 PM

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QUOTE (MASsenger @ May 25 2012, 05:23 PM) <{POST_SNAPBACK}>
I can't explain the logic and I don't understand it either, but it seems to be individual loan,not total loan!

But they do check if you have other loans outstanding, right?

#15
MASsenger

Posted 30 May 2012 - 05:43 PM

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QUOTE (vr2turbo @ May 28 2012, 01:09 PM) <{POST_SNAPBACK}>
But they do check if you have other loans outstanding, right?

I think they do la. They will want to make sure you can pay up, and if they think you can't then loan will be rejected.

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#16
vr2turbo

Posted 31 May 2012 - 10:08 AM

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QUOTE (MASsenger @ May 30 2012, 05:43 PM) <{POST_SNAPBACK}>
I think they do la. They will want to make sure you can pay up, and if they think you can't then loan will be rejected.

Cannot pay all tarik balik....... smile_shock.gif smile_big.gif

#17
yitzlee

Posted 10 June 2012 - 04:46 PM

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How about comparing Myvi1.3 with Persona? Which is recommended?
Any other 50k car is recommended?