www.hardwarezone.com.sg - View Single Post - What does it mean by No Early Settlement Rebate?

Orphan · 14-06-2019, 04:06 PM

Dumbkkj wrote:

Thanks for the reply. Does it affect if I take up a loan of 7 years with no early settlement rebate.. But I sell the car at the 3rd year?

Yes, coz generally have to pay back the loan before selling.

However, maybe can chut pattern. See this article:
https://www.finder.com/sell-financed-car

Best is to ask the bank.

14-06-2019, 04:06 PM	#4
Orphan Senior Member Join Date: Nov 2018 Posts: 548	Dumbkkj wrote: Thanks for the reply. Does it affect if I take up a loan of 7 years with no early settlement rebate.. But I sell the car at the 3rd year? Yes, coz generally have to pay back the loan before selling. However, maybe can chut pattern. See this article: https://www.finder.com/sell-financed-car Best is to ask the bank.