Rate hike likely to impact car loans


PETALING JAYA: The recent overnight policy rate (OPR) hike by Bank Negara could have an impact on submissions for car loans, especially for national makes such as Proton and Perodua.

Proton Edar Dealers Association Malaysia president Armin Baniaz said many car buyers were opting for alternative financing from cooperative and Islamic banks for cheaper loans.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , loan , OPR

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