Bank interest rates
As usual, when everything else changes, the bank interest follows. Previously, the interest rate for all Perodua cars for loan tenures of up to 9 years was 3.88%, of which we were told that this is the promotional rates. It seems that the promotional period for that low interest rates has ended, sooner that was expected. Most has predicted that it will be revised by early next year, which is in this case was proved to be wrong.
Most people thought that it was an increase, where in actual fact it was not. It’s just that the promotional period for that 3.88% has ended as expected.
However, the 3.88% for loan tenure of 7 years and below still remains, which is a good news for the automotive industries, particularly, Perodua dealers.