Thread Killer Mk V

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over 72 months at fixed 14% interest you're looking at out R2500 p/m
Ja but its never a good idea to go on a fixed interest rate unless prime is already quite high. Prime is at 8.5% at the moment. you should try to get prime +2 as a interest rate which is decent if your lucky you can get prime +1 but they very rarely give you that but its worth a try to get the lowest possible interest rate. also the bank has to motivate to you why they are giving you a certain interest rate
 
Ja but its never a good idea to go on a fixed interest rate unless prime is already quite high. Prime is at 8.5% at the moment. you should try to get prime +2 as a interest rate which is decent if your lucky you can get prime +1 but they very rarely give you that but its worth a try to get the lowest possible interest rate. also the bank has to motivate to you why they are giving you a certain interest rate
I had to settle for fixed 14% :cry:
 
I had to settle for fixed 14% :cry:

mine is 16% fixed
no way that is insane. i got prime 1.5%. and they wanted to give me prime +3.5 and i negotiated.... told them i was not gonna take the deal if they dont come down with the interest.

14% seems so high. Considering I got 8.5% for my homeloan.
it is freaking high. if prime wasnt what it was right now and was higher i would say take the fixed interest rate but its low and with the way inflation is going they wont be raising it anytime soon.
 
I has new friend !!!!
orly.gif
 
Banking with Wesbank :)

Cheers brats I'm outta here ;)
Cool cool, im also with them. my previous cars were financed with MFC but they did not want to come down with the interest rate, so i went with Wesbank. also i signed my contract online, which is great.
 
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