More affordable Nissans for fresh grads

Edaran Tan Chong Motor Sdn Bhd (ETCM) has announced a new financing scheme offering fresh graduates a full loan for the purchase of a Nissan Grand Livina, Sylphy or Sentra. fresh graduates with Diploma certification and above and aged between 20 to 30 years old can enjoy a 100% loan with an interest rate of 3.65% per annum with tenure stretched to 10 years.

As our Loan Calculator only calculates repayments for tenure up to only nine years, we have worked out for you in the table below how much you can expect to pay a month if you buy your Nissan under this scheme:

An alternative offer, if you have cash to spare for some downpayment, would be the 0.88% per annum interest rate on offer for the Grand Livina, Sylphy and Navara (private registration only) valid until the end of the month. As our numbers below show, it starts to be a more affordable scheme than the one above once you stretch it past eight years.