Interest Rates

[toan6082]

a family member made enquirys on my behalf at mitsu and was told interest rates will be going up in may from the present 1.69 mitsu are offering on the pajero. does antone know if this is true and to what rates or is the sales man trying to rush through a sale. thanks

[aussiebebe]

Whether there is a promotion or not, the interest rate on auto loans is always directly related to the size of down-payment and credit history of the individual customer. Thai banks certainly predicted the interest rates to rise this year with the Bank of Thailand expected to raise the benchmark rate, and they did on March 9th raise the one-day bond repurchase rate to 2.50 percent. The salesman isn't being completely dishonest, but giving a May deadline is a bit off.

[transam]

At Nissan my pal last week put 30% down, remainder at 2.55. It's in his wife's name.

[Kwasaki]

You can get 0% on some models at times but maybe only on something you don't want.

e.g. in Bangkok one dealer 18,000 down and 6,300 for 8 years, ( phew ! )