Are you buying a used car from a direct seller? Do you know how to go about applying for a hire purchase loan and transferring the ownership to your name? If you don’t want to have to deal with all that stuff, then we have the perfect solution for you.
Introducing our new Private Auto Finance service, where we will sort out the hire purchase loan for you, get the car through all the inspections required and process the ownership transfer.
If you already have some experience buying a used car from a direct seller you might know that getting a hire purchase loan is not as straightforward as you might think.
Banks prefer to deal with a used car dealer instead of a direct customer, so sometime you will have to pay a fee to a used car dealer to process the transfer and get a loan from you.
If the owner currently have a hire purchase loan, the owner also has to do a full settlement of his loan before it can be sold to you. Some owners may not have that amount of cash readily available. We can assist with that too.
We are offering a competitive rate from RM700 + 1.5% of the financing amount for the buyer fee, and we have benchmarked the market – you’ll likely be paying less with us. The total buyer and seller fee payable will depend on the price of the car.
After your loan is approved, we will proceed to assist you with all the inspections and do the ownership transfer for you. We will guide you through the whole process – you just focus on finding the perfect car to buy!
If you’re interested, head onto our Private Auto Finance microsite and fill up the form. You can also Whatsapp us your enquiry.
