According to AmInvestment Bank, around 80% of owners of Proton and Perodua vehicles take loans of up to nine years on their vehicles. The cars from these national carmakers are considered a consumer necessity for low- to moderate-income demographics.
Around 80% of owners of Proton and Perodua vehicles take loans of up to nine years on their vehicles, and some extend the loan period even further if permitted to do so, according to AmInvestment Bank cited by In its investment note, AmInvestment Bank wrote that the cars from the two national carmakers are the top choice among the low- to moderate-income demographics, and the cars are considered a consumer necessity rather than a luxury for these income demographics.
“Their priority is the monthly repayment instalments. Their financial balance is influenced by the prevailing interest rates. The everyday people closely monitor the overnight policy rate (OPR) as their financial situation aligns with it. This is a factor that the government cannot overlook,” AmInvestment Bank was cited as saying in its note, adding that Bank Negara Malaysia has maintained the OPR at 3.0% since last May., which continues to see very high deman
Proton Perodua Loans Car Owners Consumer Necessity Interest Rates OPR Bank Negara Malaysia
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