Car Refinance Comparison in Malaysia

1. AmBank Finance Your Car For Up To 9 Years


Features AmBank Hire Purchase Arif Hire Purchase-i
Minimum Age 18 years & above
Minimum Income A monthly income of at least three times the amount of the monthly instalment
Financing Maximum 90% of invoice price or AmBank's valuation, whichever is lower.
Repayment Period Up to 9 years

Our Attractive Financing Packages

2. MAYBANK : Hire Purchase Hire purchase involves the sales of goods by the dealer to the financier (bank), which becomes the owner, in return for an immediate payment, which is the cash price less deposits paid by the consumer (hirer). The ownership of the goods passed to the hirer upon completion of the full instalment payment. Terms of Financing Type of Vehicle Margin of Finance Repayment Period New passenger car, 4WD, MPV and SUV (CBU and CKD units) Maximum of 90% of seller's invoice Maximum of 108 months Secondhand passenger car, 4WD, MPV and SUV Maximum of 85% of seller's invoice Maximum of 108 months Unregistered Reconditioned (imported) vehicle Maximum of 90% of seller's invoice Maximum of 108 months * All terms and conditions are subject to the financing guidelines by Bank Negara Malaysia and Maybank.

3. BANK ISLAM

Hire Purchase-i

Hire Purchase-i is a banking facility based on the Shariah contract of Ijarah Thumma Bai´ which allows you to hire and subsequently purchase assets from Bank Islam. It is a form of rental for usage of equipment at a fixed agreed amount during the financing tenure.