Loan Products > Pre-owned Vehicle
More Value, More Road Ahead
A pre-owned vehicle can be a practical way to get on the road while making the most of your budget. MHPL provides financing for eligible pre-owned vehicles, helping make your next purchase more accessible through clear guidance and a straightforward application process. Whether it is your first vehicle, an upgrade or a dependable addition for work, the right pre-owned vehicle can take you where you need to go. Our financing helps you spread the cost through manageable instalments, subject to assessment and applicable terms.
Loan at a glance
40%
Minimum Down Payment
8.25% - 9.25%
Starting Rate
12-60 Months
Max Tenure
Interest Rates
The more you put down, the less you pay in interest
| New Pre-owned Vehicle Rates | |||
|---|---|---|---|
| DOWN PAYMENT | INTEREST RATE | TENURE | |
| 40% | 9.25% | 60 Months | |
| 50% | 8.25% | 60 Months | |
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DOCUMENTS REQUIRED INDIVIDUAL APPLICANT
INSTITUTATIONAL LOAN
*Note: Required documents may vary depending on the nature of the business/ income. The above are the basic required documents.
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