Be SMART to apply CAR LOANS

Financing a new car purchase requires some research.  First of all, about 70% of all new car purchases are financed. Unless you plan on paying cash for your new car, then you have to apply for a car loan. There are some things that you should be concern before apply the car loan:


1.Finalize your Financial Status
This is the first and most important step in the car buying process. You must know how much you can spend to purchase the car so thatyu don't want to get stuck making a bloated car payment which make you more trouble than ever.
 
From that, you need to remember that buying a car involves more than a down payment and monthly payments. A good rule of thumb is roughly 20 percent of your net income can be used for a car payment. Once you determine that figure, now you can choose the car that you afford.

2.Choose Your Beloved Car
If your monthly budget is affordable,that's mean that almost all the Malaysia manufacture car can be include into consideration. Basically, almost all the car's prices are within RM 100K.

Besides the price consideration,personal choice and comfortable will be consideration as well.If you have a family, you might consider MPV car for example ALZA.If you still a single, you might consider small unit car for example MYVI,VIVA as others.There are plenty of consideration, it is all depends on one's needs.Once you've narrowed your choices down to a couple, it's time to do some car research.


3.Ask Car Dealerships
Congratulations. You already have an idea of what kind of car you want, how much you can spend and what kind of perks you can get. But remember: Car dealers are professional negotiators and they are so professional for doing it everyday. The better you know the car, it will be advantages for you.Youremember that you are in control at all times. You have the right and ability to stand up and walk out of the office at any point and the dealer will lose the sale. Don't let a car dealer intimidate you. Be relaxed and comfortable you know all the information and that you hold all the cards.It is because you are the one who going to buy the car.