Buying my first car, Inspira 2.0. Need info and tips on purchasing.

[iswara204]

Hi Guys,

After serious consideration of so many cars looking at the budget available and the maintainance needed later, i've decided to go for Inspira 2.0 as my first car.

I came across many salesman on mudah.my, who has different prices and offerings.

Example:
a) rebate RM5750, loan amount:RM86,249
3% int rate for 9 years (rm972.49/mth)
Dpayment RM3549

b) rebate RM1000, Loan amount:RM90,999
2.33% int rate for 9 years (rm927/mth)
Dpayment : RM8199

After my calculation, i realised i would paying a total,

(total amount paid for 108mths) - (Loan amount) + (Dpayment)


a= RM105,028 - RM82,700 + RM3,549 = RM25,877
b= RM100,162 - RM82,800 + RM8,199 = RM25,561

Conclusion:
As Im not seeing much difference of both the package. So im planning to go for the A cos i dont have to pay such a high downpayment. Plus i might get a 2.9% from public bank.

Is this correct, or am i missing out something?

What are your free gifts you guys received from your salesman?

 

[xuang26]

i was checked diff proton edar dealer, from saleman the free gift are standard :-
- free smart tag
- tinted voucher worth RM400
- full tank petrol (RM110++)

 

[DanzEterna]

tell them u dowan the tint voucher (RM400) cos its a con job....
the tint price is rm1k++ but actually less than rm500.

try asking for something else....

---------- Post added at 06:23 PM ---------- 6 hour anti-bump limit - Previous post was at 06:22 PM ----------

really PB can give 2.9%? that low meh? i tot all finance company offer 3.5% above..

 

[iswara204]

i was checked diff proton edar dealer, from saleman the free gift are standard :-
- free smart tag
- tinted voucher worth RM400
- full tank petrol (RM110++)

This one the standard gifts..anything extra?

 

[cacin]

Hi Bro,
Not sure how you calculate, but, I am expecting that loan amount = actual money borrow from bank.
So, this should have already minus the rebate and downpayment.

So, for loan of rm86249,
Total amount paid after 9 years = RM109536.23
monthly = 1014.25

For loan of rm90999
Total amount paid after 9 years = RM109835.79
monthly = 1017

If my calculations are correct, somehow, the 2.3% actually require you to pay more because your loan amount is more . . .


formula:
(Loan amount * interest rate * loan tenure in years) + loan amount = total amount paid.
Monthly = Total amount paid/loan tenure in months.

 

[Ratbit]

due to the recent tsunami disaster that hit the Jap's..make sure the inspira 2.0 u buy have a genuine MIVEC enginee..ask the salesman what type of MIVEC engine it use, make sure it's 2.0 L DOHC 4B11.

 

[iswara204]

tell them u dowan the tint voucher (RM400) cos its a con job....
the tint price is rm1k++ but actually less than rm500.

try asking for something else....

---------- Post added at 06:23 PM ---------- 6 hour anti-bump limit - Previous post was at 06:22 PM ----------

really PB can give 2.9%? that low meh? i tot all finance company offer 3.5% above..

Yeah, I noticed the tint voucher is a con job.

I spoke to another salesman, he said can get 3.2. Aiyaaa, so confusing la all this fellas!!

---------- Post added at 11:55 PM ---------- 6 hour anti-bump limit - Previous post was at 11:43 PM ----------

due to the recent tsunami disaster that hit the Jap's..make sure the inspira 2.0 u buy have a genuine MIVEC enginee..ask the salesman what type of MIVEC engine it use, make sure it's 2.0 L DOHC 4B11.

Really?? Didnt even know can have fake engine's?? Where does this "fake engine" come from?

 

[BE5RSK]

Hehehe....I also wonder from where the fake MIVEC 4B11 engine came from...

Maybe from China kot?

 

[DanzEterna]

iswara204,
if loan tenure is 9 yrs int rate should be higher than 3%.

anyone hows how proton commerce works? is it like toyota capital? ppl apply to them if their loans get rejected by finance company due to high commitments or blacklisted is it?

---------- Post added at 09:35 AM ---------- 6 hour anti-bump limit - Previous post was at 09:33 AM ----------

due to the recent tsunami disaster that hit the Jap's..make sure the inspira 2.0 u buy have a genuine MIVEC enginee..ask the salesman what type of MIVEC engine it use, make sure it's 2.0 L DOHC 4B11.

wat do u mean by genuine engine? got fake meh? or pay for 2.0L but get 1.8L engine?
for sure the salesman will say 2.0 4B11

 

[amrancharger]

Remember...salesman can only lure you with the low interest rate...
However the result will really depend on the bank policy to give you the loan interest rate.
I believe its more than 3%.

Anyway…heard the inspira comes with 5 years free servicing…pls cek with the salesman about this…coz u will save a lot…I guess…

 

[DanzEterna]

y not u consult EvolutionZ...he sells proton cars too...summore very honest wan....

 

[WPQ800]

well, my advise is, most ppl cant afford to pay lump sum value and most ppl will definitely resit to loan..... as we know, the bank need to make money out of their capital lending so thay charge interest.... you can reduce the amount you lost in the long run by:
1. pay higher down payment to reduce the amount of loan
2. reduce the period of payment
3. if u have extra money you can opt for early settlement, some banks even allow for flexi payment where u can either pay the agreed fixed installment amount or more than that to reduce your balance....

formula:
(P x r x t) + P = total amnt

[(P x r x t) + P] / t (in month) = monthly installment


by the way, im using inspira 2.0 too....... hehehe

---------- Post added at 10:33 AM ---------- 6 hour anti-bump limit - Previous post was at 10:30 AM ----------

P = principal / loan amount
r = interast rate
t = time

p/s: interest rate are controlled figure (not much we can do), it will affect directly to your "P" and your "t"

 

[iswara204]

Remember...salesman can only lure you with the low interest rate...
However the result will really depend on the bank policy to give you the loan interest rate.
I believe its more than 3%.

Anyway…heard the inspira comes with 5 years free servicing…pls cek with the salesman about this…coz u will save a lot…I guess…

I understand. Hence I'm checking out what I can afford best. Nevertheless, I'm yet to understand how the 5 years free servicing works? When you say free, does it include all wear and tear?

---------- Post added at 11:41 AM ---------- 6 hour anti-bump limit - Previous post was at 11:41 AM ----------

y not u consult EvolutionZ...he sells proton cars too...summore very honest wan....

Thx bro. Will also ask him :)

 

[amrancharger]

I understand. Hence I'm checking out what I can afford best. Nevertheless, I'm yet to understand how the 5 years free servicing works? When you say free, does it include all wear and tear?

---------- Post added at 11:41 AM ---------- 6 hour anti-bump limit - Previous post was at 11:41 AM ----------



Thx bro. Will also ask him :)

the free servicing part you have to check out with the salesman...
mybe later u can update us...hehehe...

coz its my first time hearing proton offering this to inspira owner...

i tink it doesnt include wear tear items...

 

[iswara204]

well, my advise is, most ppl cant afford to pay lump sum value and most ppl will definitely resit to loan..... as we know, the bank need to make money out of their capital lending so thay charge interest.... you can reduce the amount you lost in the long run by:
1. pay higher down payment to reduce the amount of loan
2. reduce the period of payment
3. if u have extra money you can opt for early settlement, some banks even allow for flexi payment where u can either pay the agreed fixed installment amount or more than that to reduce your balance....

formula:
(P x r x t) + P = total amnt

[(P x r x t) + P] / t (in month) = monthly installment

by the way, im using inspira 2.0 too....... hehehe

---------- Post added at 10:33 AM ---------- 6 hour anti-bump limit - Previous post was at 10:30 AM ----------

P = principal / loan amount
r = interast rate
t = time

p/s: interest rate are controlled figure (not much we can do), it will affect directly to your "P" and your "t"

Thx bro. I understand it better now. Just trying to grab a good deal though.

---------- Post added at 12:47 PM ---------- 6 hour anti-bump limit - Previous post was at 12:16 PM ----------

Another update from a salesman,

The loan is 90% and dp is 10% no matter what.

Car price: 92000(round figure)
Loan amount: 82800
Dp: 9200

Option 1
4k rebate
Dp rm5200
Loan amount: 82800

Option 2
4k rebate
Dp rm9200
Loan amount: 78800

Option 3
No rebate
Dp: 9200
Loan amount: 82800
Extended warranty for 5years instead of 3years
Free service for 5years.(which I'm not clear)