Transfer funds, transaction goes through, put down thumbprints at JPJ to tukar milik, hand over the keys. Automotive buying and selling between individuals is just so simple as that IF it’s a pure ‘money buy’ and there’s no bank loan involved.
If the customer requires a hire purchase loan, the vendor will soon realise that banks prefer to cope with a used automobile dealer over a person. As a seller, you’ll also should make a full settlement of your HP loan before the automobile will be sold. Money solves each cases, but not everyone has access to immediate funds.
It’s not straightforward in any respect, and this quirk of the automobile buying-selling process has long been filled by the used automobile dealer. Often, one can have to pay a fee to the automobile dealer to process the transfer and acquire a loan for you, even if you happen to’re buying from a person.
Here’s where paultan.org Private Auto Finance (PAF) powered by Carro steps in. PAF simplifies the method by acting as an intermediary between the customer and seller, smoothening out all of the pain points individual buyers and sellers face. Fees are based on the automobile price and loan amount, and it starts from just RM700.
With paultan.org PAF, you may sit back and be assured that every one the needed steps are being done. As a buyer, you won’t should apply for the loan with multiple banks to match rates of interest – PAF will undergo all major banks in your behalf and also you simply have to select one. As a seller, you’ll need to completely settle your existing loan before the sale, and PAF can provide the ‘money advance’ for upfront loan settlement.
Apart from loan settlement (seller) and loan application (buyer), paultan.org PAF may even handle the needed procedures required in an ownership transfer – think road tax/insurance, Puspakom inspection and the actual ownership transfer by JPJ.
This convenience is for a fee ranging from just RM700, and for each approved application, customers will receive exclusive vouchers from Carro Care, Blueair air purifier (RM500 for P1 model), Xcite Audio Accessories (15% off storewide excluding Kenwood and Nakamichi products), DODO mat (RM500), IROAD dashcam (10% discount, no minimum spend) and Harman Kardon automobile audio (10% off) to reinforce the ownership of your recent ride.
Buy/sell your automobile using paultan.org PAF and also you’ll get exclusive promotional rates to refresh and beautify your newly-acquired set of wheels at Carro Care. Enjoy a 15% discount on maintenance jobs, a 20% discount on repair jobs, and a 25% discount on refurbishment jobs, valid one month from the date of ownership transfer.
A one-stop shop for all of your automobile needs, Carro Care builds on a long time of experience from Jardine Cycle & Carriage and provides body & paint services (full respray with three-year paint warranty, dent repairs), periodic maintenance and services for tyre and brakes, air conditioning and interior/leather.
If you happen to’re interested, head onto our Private Auto Finance microsite and refill the shape. You may as well Whatsapp us your enquiry.
*Terms and conditions apply
This Article First Appeared At paultan.org
