how to check my ambank car loan balance

It turns out that it wasn’t just used car sales that saw an increase throughout the past few months, used car dealers in Johor Bahru are reporting an increase in car owners trying to sell their vehicles after the Movement Control Order (MCO) ended in June. One second-hand car shop manager Chang Keng Keong told The Star that there has been a 30 percent increase in the number of people who came to his shop enquiring for information about the disposal of their cars. This was especially apparent in

Jerrica

Nov 25, 2020

In 1949, the loan tenure for a VW Beetle was 12 months with an interest rate of 9 % per annum. Things have changed. In Malaysia today, car loan tenures are usually of 5,7, or even 9 years with interest rates hovering around 3% per annum (calculated on principal). Cars are getting more expensive and are almost impossible to purchase without using a loan. But is taking a car loan a bad financial decision? Well, it depends on your financial circumstances (mainly your income), how much you benefit f

Arif

Jan 28, 2021

“The interest is calculated based on the principal sum and not the remaining balance, that’s crazy!” That was the conversation I had a car company executive who has just been transferred from Europe to Malaysia. The topic of increasingly long loan tenures for auto loans is also becoming a concern in the US but how long is too long for them? 7-year tenure auto loans now make up 20 percent of total US car loans – more than twice as many compared to 10 years ago. To many financial experts in the US

Hans

Jul 17, 2020

The Toyota Yaris nameplate isn’t exactly new in Malaysia, as it was first introduced here back in 2006 before getting discontinued a couple of year later. Fast forward to 2019 and UMW Toyota Motor reintroduced the Toyota Yaris in Malaysia, this time based on the NSP151-generation Toyota Vios. In this article, we will take a closer look and see how much you need to make each month before you can apply for a loan to purchase and maintain a Toyota Yaris. How much do I need to make? Starting things

Eric

Oct 24, 2020

** This article is the personal experience of a 2019 Hyundai Elantra owner and does not necessarily reflect the views of WapCar. Facebook: Vijay Saravanen I always loved the sleekly, sexy, and sporty design of Hyundai Elantras I see on the road. I told myself my next car change would be a Hyundai Elantra. I was already driving the Hyundai Accent 1.5 (Aeroback) 2007 Model. Over the years, I have owned Proton Saga 1.3 (Aeroback), Proton Wira 1.5 (Sedan), Proton Satria1.3, Exora 1.6(MPV), and befor

Owner Review

Sep 7, 2020

Ever since Honda Malaysia introduced the tenth-generation Honda Civic a few years ago, it proved to be a very popular model. The facelifted Civic was introduced earlier this year, keeping it fresh for a couple more years. It's an aspirational car for a lot of young buyers, attracting many who can barely afford the car. So in this article, we will take a look and see how much you need to earn before you can afford to buy and maintain a Honda Civic. Taking the entry-level Civic 1.8 S (RM 109,326,

Eric

Oct 6, 2020

A couple of weeks ago, Honda Malaysia finally launched the all-new 2020 Honda City, replacing the GM6-generation model that was introduced back in 2014. Unlike the aspirational Honda Civic, the Honda City is aimed a more price-conscious crowd. In this article, we will take a look and see how much you need to earn before you can buy and maintain a Honda City. How much do I need to make? Take for example the entry-spec Honda City 1.5 S (RM 74,191, on the road, excluding insurance), the monthly rep

Eric

Oct 18, 2020

The highly-anticipated 2020 Proton X50 is finally here, after several preview sessions held across the country. With prices starting from RM 79,200 for the Proton X50 1.5T Standard, it sure does look like a tempting deal, but is your salary enough to sign that loan? Let’s find out more in this article. How much do I need to make? Starting things off is the entry-level Proton X50 1.5T Standard (RM 79,200, on the road, without insurance), the monthly repayment is roughly RM 800 a month, given a 2.

Eric

Oct 27, 2020

Mitsubishi Motors Malaysia recently released the prices of the 2020 Mitsubishi Xpander, a model that will compete directly against the Honda BR-V, Perodua Aruz, and Toyota Rush. In this article, we will take a closer look and see how much you need to make each month before you should apply for a loan to purchase the Mitsubishi Xpander. How much do I need to make? The Mitsubishi Xpander has a starting price of RM 91,358 (on the road, without insurance), meaning that the monthly repayment is rough

Eric

Nov 20, 2020

The Malaysian Trades Union Congress (MTUC) is urging the Ministry of Finance (MoF) and Bank Negara Malaysia to compel banks to extend the deferment of loans for another six months. The current 6-month moratorium was announced back in March when the first stage of the Movement Control Order (MCO) was enforced in an effort to prevent the spread of the pandemic. With all activities and businesses put on pause, many people were either forced to take massive pay cuts, go on unpaid leaves by employers

Jerrica

Jul 7, 2020

Ever since spyshots of the all-new Nissan Almera started surfacing late last year, the hype started building up for ETCM’s newest B-segment sedan. Fast forward to November and ETCM has revealed prices of its highly-anticipated model. In this article, we will take a closer look and see how much you need to make each month before you should apply for a loan to purchase the all-new Nissan Almera. How much do I need to make? The all-new Nissan Almera has a starting price of RM 79,906 (on the road, w

Eric

Nov 4, 2020

Just recently, official prices of the 2021 Toyota Yaris have been released. It is priced from RM 70,940 onwards for the base Yaris 1.5 J, before topping out at RM 84,808 for the Yaris 1.5 G. Currently, the Yaris competes against the Honda Jazz, but it will be replaced with the Honda City Hatchback in 2021. In this article, we will take a closer look and see how much you need to make each month before you should apply for a loan to purchase the Toyota Yaris. How much do I need to make? The Toyota

Eric

Dec 16, 2020

Checking our tyre pressure is an integral part of owning a car. But sadly not many car owners perform this check as often as they are supposed to. As my colleague, Eric, has highlighted, your tyre pressure easily affects your car's handling, ride and comfort and even your fuel consumption! So now you know the benefits of checking on your tyres constantly and keeping them well filled, but do you know how much air pressure to pump into your tyres? And where do you find the guide of the air pressur

Jerrica

Oct 20, 2019

** This article is the personal experience of a 2018 BMW 318i owner and does not necessarily reflect the views of WapCar. Fazrul Aziz I bought this BMW 318i LCI recently from my sister as she bought a new Toyota Alphard. The mileage clocks at 25k only! Even though she sold it to me at the market’s price, the conditions & maintenance is top-notch. Also, the car is still under BMW warranty programme and free scheduled service for the next 3 years. How everything started Back in my university days,

Owner Review

Aug 22, 2020

So, you've found the used car of your dreams, sent it to your trusted mechanic and even got the green light from Puspakom to transfer to name over to you. But wait, have you checked if the car has any unpaid traffic summons attached to it? Surprisingly, this is a step that most used car buyers would miss on. Excited car buyers will find themselves facing a roadblock when they realise that JPJ will not transfer the car to them as the previous owner has outstanding traffic summons that has yet to

Jerrica

Nov 4, 2020

** This article is the personal experience of a 2016 Honda City 1.5V owner and does not necessarily reflect the views of Wapcar. Facebook: Min Tze Khor A Little Bit of History My first car was 1st gen Proton Saga (manual transmission) which was passed down by my father, and the second car I drove was 1st gen Proton Waja (manual transmission) which was also passed down by my father. Back in 2016 when I was sent to work in a rural area in Terengganu, I got to drive the Proton Waja for about 5hours

Owner Review

Jul 8, 2020

** This article is the personal experience of a 2008 Lotus Elise 1.8 S owner and does not necessarily reflect the views of WapCar. Facebook: Kelvin Tee The Everyday Sports Car Cars, what are they to you? A tool to get from A to B? A fun, great (not to mention pricy) hobby? This is a story about the car that I love and adore. A 2008 Lotus Elise 1.8 S. People have various reasons for owning a car but for myself, it has always been more than a tool for going around and about. I've always thought of

Owner Review

Jul 22, 2020

UMW Toyota Motor has just announced the official prices of the 2021 Toyota Innova facelift in Malaysia. Prices start from RM 111,622 for the entry-level Innova 2.0 E variant and tops out at RM 129,667 for the Innova 2.0 X variant. Although there is a slight increase in prices across the board for the updated Innova, it is justifiable as UMWT has improved the safety and features of its people mover. Now, you might be thinking what’s the minimum salary needed in order to apply for a loan. Well, yo

Eric

Jan 10, 2021

UMW Toyota Motor has just released the official prices for the 2021 Toyota Vios facelift and the prices are nothing short of appealing. Starting from RM 74,623 for the base Vios 1.5 J, it is only RM 430 more than the base Honda City 1.5 S. As appealing as the prices are for the Vios facelift, you might be wondering what's the minimum salary needed in order to apply for a loan. Well, you've come to the right place as we will show you how much is the minimum monthly salary required to purchase the

CY Foong

Dec 16, 2020

It’s time to sell your car. You’ve already figured out how to get the highest price and how to clean the interior, but how do you sell your car without going through a used car dealer? Assuming that you’ve somehow managed to find for a buyer that’s willing to buy your old car, there are some steps to follow before you can sell off your old car. Also Read: Selling your car soon? Here's how to ensure you get the highest price If it’s a cash sale and there’s no outstanding loan, it’s pretty straigh

Eric

Apr 6, 2021

Bank Negara Malaysia have announced a 6-month moratorium for all bank loans except credit card balances, starting 1 April 2020. The moratorium is basically a temporary freeze on loan repayments. However, do remember that the moratorium applies only to loan repayments. Interests will continue to accrue every month as usual. Also, the moratorium applies only to loans that have not been in arrears (all previous payments owed paid in full) for more than 90 days as of 1 April 2020. How does the 6-mon

Hans

Mar 25, 2020

** This article is published on WapCar Community. Click the link below to enter the community for car enthusiasts in Malaysia https://www.wapcar.my/forum Basic information about my car 1997 (The JET) Proton Saga Iswara 1.3S Reasons why I bought this car My family needed a car for transporting a baby (which was me by the way). The reason we picked this car because at the time it had massive boot space and ample room in the cabin and we heard stories of how reliable the Mitsubishi version Saga’s w

Wapcar UGC

Dec 12, 2020

** This article is published on WapCar Community. Click the link below to enter the community for car enthusiasts in Malaysia https://www.wapcar.my/forum Basic information about my car 2020 Mazda 3 Sedan High Variant, approximately RM150k Reasons why I bought this car My wife and I had owned a Honda City since 2012 and we were about to finish paying our car loan, so we decided to upgrade our car and started scouting around the C-segment cars. Car Selection Process I had a budget of RM130k Model(

Owner Review

Dec 3, 2020

The 6-month long loan moratorium is set to expire in September and its expiry could have some negative impact on the Malaysian automotive industry. The loan moratorium went into effect in April as the country entered the Movement Control Order (MCO) period. Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad told The Edge, “People will not have the money to buy new vehicles. But I think it depends on the category of vehicles. I think high-end vehicles will not be impacted; people

Eric

Jul 27, 2020

** This article is the personal experience of a 2012 Volkswagen Golf GTI MK6 SE owner and does not necessarily reflect the views of WapCar. Facebook: Han Eujin About my Volkswagen Golf GTI This is my 2012 Volkswagen Golf GTI MK6 SE which I purchased back in 2018 from a second-hand dealer in Ipoh. This Volkswagen Golf GTI is the SE version, the last batch of facelifted MK6 arrived to Malaysia. Facelift include front DRL, sunroof, full-colour touch- screen infotainment system and standard 18” Detr

Owner Review

Aug 3, 2020

** This article is the personal experience of a 2016 Honda Accord owner and does not necessarily reflect the views of WapCar Facebook: Shawal Ali My Previous Encounter with the Honda Accord The allure of large sedans is unquestionable. Unlike booted hatch or compact sedans with their weird looks to aide with practicality, large sedans do not need to sacrifice its looks for usability. Their strong muscular lines flows coherently from the front all the way to the back without needing to sacrifice

Owner Review

Jun 30, 2020

** This article is the personal experience of a 2015 Honda Civic 2.0S owner and does not necessarily reflect the views of WapCar. Facebook: Mat Nasir ↓↓↓ Press Here To Share Your Story ↓↓↓ About my Honda Civic If we story about Honda’s car, I’m pretty sure what crossed in our minds was the Civic. The Honda Civic is not the first model of Honda but Civic makes Honda become famous. Almost 20 million units sold worldwide and this C segment Sedan become number 1 in Malaysia. Now I drive a 2015 Honda

Owner Review

Jul 27, 2020

** This article is the personal experience of a 2019 Toyota Camry 2.5V owner and does not necessarily reflect the views of WapCar Facebook: Chen Kah Khin About My 2019 Toyota Camry 2.5V I bought this 2019 Toyota Camry 2.5V in September 2019. Back then, it retails at RM197k with discounts ~RM 5k. I was 31 years old then, never in a million years I thought that I would be getting an "uncle's" car at such an age. Prior to this car, I previously owned a 2010 Proton Inspira 2.0P. That car had everyth

Owner Review

Jun 17, 2020

Buying brand-new cars without test driving them is common, especially when shopping for an econobox. These days, you can learn more about a brand-new car just by browsing the internet. The COVID-19 pandemic has also pushed brands to enhance their respective virtual showrooms. While shopping for a brand-new car can be safely done without a test drive, the same couldn’t be said about used cars. Test driving a brand-new car is meant to impress you with all the bells & whistles and the “joy of drivi

Arif

Sep 4, 2020

Recently, I was ranting about how new cars are becoming increasingly uncomfortable. However, it seems unfair to only attribute one component of the car - which, in the aforementioned article, was wheel size - to a car having a bone-jarring ride. A car's ride and handling are chiefly determined by two things, wheel size and also suspension tuning. Today's question is very simple, have carmakers lost the art of suspension tuning? Think about it, when did you last sat in a new car and felt the ride

Jason

Feb 16, 2021