Confirm he can get it before CNY. Loan process take no more than a week, just fax pay slip to them, kao tim!
After which, just issue a bank draft to them in the morning, transfer document gets into JPJ by noon and out by 3pm. Can release car to u before 5pm.
Insurance wise, just give your old car registration number and insurance company name to the SA, he will get the NCB transfer out. Temporary cover note will be issue on the spot for JPJ purposes the same morning.
Unless ur down payment not ready..
more so if you need to dispose off your old car, if trade in, also vary fast. In my case, it took a while because I sell through Star paper.
Been there, done that
Enjoy the new ride!