According to the Bukit Aman Commercial Crime Investigation Department (CCID), it is a criminal act for defaulters of car loans should not damage the vehicles that are about to be repossessed. This is because the vehicle purchased via loan was officially owned by other parties such as banks or financial institutions.
Bukit Aman CCID director Comm Datuk Seri Ramli Mohamed Yoosuf told the The Star, “it is not a commercial crime per se, but it falls under Section 427 of the Penal Code for committing mischief that causes loss or damage. People should not resort to such action as it will be detrimental to them in the end.”
He was commenting on a recent viral video showing a woman and a man damaging a car being repossessed. Based on the social media post, it was revealed that one of the people seen in the video was the car owner who apparently failed to make loan repayments for eight months, which resulted in the car being repossessed.
However, it was later clarified that the person had indeed been meeting the monthly repayments, although instead of paying directly to the bank, he had sent the payment to the original car owner, who was actually the one who had failed to make the loan repayments.
Such a scenario is indicative of a sambung bayar situation, which comes with its legal issues and can go sour. You should avoid sambung bayar contracts as they are not legally valid, even if it was drawn up by a lawyer.
Speaking to the news outlet, Malaysians Against Rape, Assault and Snatch Thief (Marah) founder Dave Avran said, “in the case of the (viral video), the buyer paid the owner, but the owner did not pay the bank. Even if the buyer pays directly to the bank, the owner can legally withhold the name transfer.”.
“Hence, the owner can demand the return of the car at any time, or demand money for the name transfer or in worst case scenario, outright refuse to transfer the name. It is best to buy a car within your financial means and deal directly with the bank,” he added.
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reminds me of street fighter video game where you need to destroy the car.
why people wan offer sambung bayar ? Simple, no money pay instalment or outstanding, need fast cash. All these sambung buyer really need some education
Too easy to get hire purchase loan approval including 110% loan offers by certain institutions pakat with car sales reps last time. KEK
B40 acah M40 with honda Type R (R for Reput)
“Bukit Aman CCID director Comm Datuk Seri Ramli Mohamed Yoosuf told the The Star, …”
What is this man?
The population segment that likely to commit sambung bayar don’t read The Star.
They should instead make this segment of population to sumpah that they won’t commit sambung bayar as part of the process when buying vehicles.
Kita baca utusan, berita harian, metro, harakah daily
no choice eh, dia mau jual, dia mau beli, bank tak pinjam, macam mana? why car so expensive? why tax so high? why multi tax on cars? why why why?
Cars never expensive, its either you afford or not afford that’s all. U cant say a Ferrari is expensive because you cant afford.
Grow up
You do know Malaysia taxes cars to the max right, compared to it being more affordable is most other countries?
car ownership is a financial trap for the less wealthy. Lots of hidden cost beside the loan, these includes petrol, services, insurance, repairs, tax etc.
padan muka sambung bayar
why always type-M likes this sambung-bayar nonsense???
It’s like how they’re born into a certain religion and they don’t have a choice. It’s in their blood
I am more curious which bank will give out loans to a car that is already 16 years old. Possible to still get a loan?
Most probably credit company
Sambung bayar should be classified as a commercial crime
New law should be introduced to punish all 3 parties involved in sambung bayar. The car owner, the payor as well as the irresponsible agent who come out with the scheme and contract.
Maybe this is news to all of you.
There’s a new law now precedent from judgement in court.
Kereta Sambung Bayar is in fact not penalised and they are protected by Insurance coverage should the fact be revealed even when the principles of Insurance do not cover it.
Some sambung bayar case even have police report to back it up. Both parties lodge police report as if to make the sambung bayar legal.
So if something that’s not good, why is the authorities protecting it and even considered as encouraging it?
Stupid act by stupid people