Car Financing Advice in Thailand

[flyingsaucersarereal]

Hi there I need some advice on the quote for financing a new Toyota Yaris E model.

 

The car sales man said the monthly payments would be 7276 baht per month for 84 months. The car costs 569000. 

 

The Interest rate is 3.79 % Is this a good deal for my Thai girlfriend or should we go somewhere else.

 

Advice is appreciated.

 

Thanks

Edited August 31, 2019 by flyingsaucersarereal

[Tuvoc]

We just financed a Fortuner through the Toyota dealer, and that was in the low 2%, not sure of the exact number.

Edited August 31, 2019 by Tuvoc

[transam]

That figure doesn't sound right....42,000bht for 7 years credit. Ask for a print out..

[flyingsaucersarereal]

Also forgot to include the down payment would be 56000

[Anythingleft?]

Shows 2.5% on the website calculator
Just show them that and ask for a requote, also try a different showroom.....


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[transam]

My local Toyota dealer shows 2.5% on a Yaris with a 10% down payment.....

 

Google Toyota Deeyam Ubon Ratchathani, they have an easy calculator in English to fool with for ideas..

[flyingsaucersarereal]

Isn't that the default setting for interest rate on the online app? Not everyone is going to get that percentage rate at 10% down????

 

What I am saying is that 2.5% is not a guarantee it is just the number that happens to be in the default settings.

[Henryford]

Borrowing 513,000 i make that a flat 2.73% interest = @5.5% APR. Not too bad for Thailand but more than most western countries. I would accept it.