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asked about Buy Car

4 months ago

Hi i buy coe car car in feb 2021 and my loan period for 7years. My question is can i trade in my current car to buy another coe car now? Consider like trade in or do i need to wait till break even then able to trade in? Pls advise Sifu. Thks

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2 Answers

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Issac

Hi Sahrul, like what Artois said, I will suggest for the you to contact the existing finance company on the outstanding balance of the loan.

Then from there you calculate how much you will lose or earn from the trade in and make your decision based on those figures.

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3 months ago

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Sahrul Nizam
Hi Issac thks but i just pay the car for like 5 to 6 months instalments. Some say i got to pay huge remaining outstanding loan. Thus better to get 2nd car right. Pls advise thks
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3 months ago