Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Car loans
#1
Hi, does anyone know what bank has the lowest interest for a car or personal loan?

Thx

#2
Checked it myself.

RAK is the lowest i think it is 3.75

if you have contacts in banks, they give you very good rates.

#3
great, thanks for this . I kinda came to that conclusion too but didn't want to get stung!

Someone also advised me to get a personal loan instead of car loan due to the dispute between ownership. do you know of any pitfalls to avoid?

#4
well, for sure personal loan is higher rate, but i don't know how much it is.

But depends on your agreement with the bank

HSBC you don't pay any extra, but you have to inform them 3 months in advance when you want to sell the car. you only pay what is remaining without charges. (or so they say)

check other banks, i don't know about them.

cheers

#5
HSBC are the only bank that have no early settlement fees - even within first year.

Others entertain the idea if you finance your new vehicle through them.
-Driven by Precision-

#6
do you mean RAC? I cant find anything on RAK.





Users browsing this thread:
1 Guest(s)

Powered By MyBB, © 2002-2024 Melroy van den Berg.