Car Loan Interest Rate 2024 Malaysia. For example, if you are getting a car loan of rm 70,000 with an interest rate of 3.5% and a five year period, here are the calculations based on the formula above. If you need to save money on a car loan finding a low interest rate is an instant win because you'll pay less for the money that you borrow.
For loan periods that are five years or less, carsome customers are eligible to get super low rates depending on their loan amount, which are 0.99% for rm30,000. Use the perodua loan calculator here.