Ford Malaysia recently launched a special “Let’s Fiesta!” Chinese New Year promotion that will go on till February 28. The promo offers the chance to own a new Ford Fiesta from as low as RM588 per month, although monthly repayment does increase progressively by the year.
The RM588 per month calculation is based on the Fiesta 1.6L Sport (on-the-road with insurance in Peninsular Malaysia) with a nine-year financing period and RM76,000 loan amount. The margin of financing must not exceed 90% of the vehicle invoice price. Participating banks include Maybank and AmBank.
Buyers of the Fiesta get a five-year or 200,000 km warranty. For further peace-of-mind, new Fiestas also come with the Ford Extended Service Plan (ESP), a free service maintenance programme that covers parts and labour for up to three years or 60,000 km, whichever comes first.
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AI-generated Summary ✨
Comments on Ford's CNY promo for the Fiesta highlight concerns about long 9-year loans, with some viewing them as unaffordable and risky due to depreciation and potential financial strain. Others believe the incremental monthly payments are manageable if salaries increase, but caution that rising installments could be problematic if income stagnates. A few comments praise the promotional deal as good for those who can't afford higher initial payments, while some criticise the long-term contracts and suggest that shorter loan periods are wiser. Several comments also mention stock availability issues and misleading advertisements, emphasizing the need to review detailed repayment tables. Overall, sentiments balance appreciation for the promotion's affordability for some and skepticism regarding long-term debt risks and transparency.