Hey Need Help~

• LyCaN

  1 Oct 04, 20:40

  Hey there... I intend to buy a car.. But i know that there is a way to count like how much you have to pay the down payment, monthly installment? How do u calculate the down payment including COE and monthly installment?
  
• altis183

  1 Oct 04, 23:35

  Originally posted by LyCaN:

  Hey there... I intend to buy a car.. But i know that there is a way to count like how much you have to pay the down payment, monthly installment? How do u calculate the down payment including COE and monthly installment?
  

  prepare 10% of the price of car plus insurance plus first installment.
• LyCaN

  2 Oct 04, 00:23

  Originally posted by altis183:

  prepare 10% of the price of car plus insurance plus first installment.

  always 10%? how much is the insurance and how to calculate installment??
• altis183

  3 Oct 04, 17:02

  Originally posted by LyCaN:

  always 10%? how much is the insurance and how to calculate installment??

  for some places you must pay at least 10%. the insurance is depending on howold are you, how long is your driving experience, any NCD and from which company you getting it from.
  If you paying 10 % downpayment, then the 90% loan X 1.9% per annual X 10yrs divide by 120. this is if you taking the 10 yrs loan.