Current E39 in the market

  • Click here to become an Official Member of BMW Club Malaysia Download Form
Normally i stay there 1 or 2 days only and quite a rush.

Peep me if u see me lar..
 
Guys,
Need advice again...
my loan has been approved, but with rather high rate, 5.75%, probably due to old car (14 years)...
I am seriously considering buying with cash... what are normal procedures for cash buy? Pay all before/after ownership transfer???
 
i paid cash for mine and took the keys after the previous owner signed all relevant transfer documents and gave me the original car registration card and a CTC copy of his IC on the JPJ form.
 
ah_Keng;568002 said:
Guys,
Need advice again...
my loan has been approved, but with rather high rate, 5.75%, probably due to old car (14 years)...
I am seriously considering buying with cash... what are normal procedures for cash buy? Pay all before/after ownership transfer???

Pay all during ownership transfer at JPJ directly to owner. Either cheque or bank draft. Bank draft preferably.
 
roadtax should be ok until it expires, unless u buying a car without insurance and roadtax. insurance you will have to get your own before asking the previous owner to revoke
 
Issue a new ins under the existing owner name then issue a new one under your name by transfer ownership. Call the agent to help u, they should know how to do.
 
ah_Keng;568051 said:
How about road tax and insurance?
Do it after the ownership transfer right?

For the insurance, you must get that first (otherwise JPJ will not transfer ownership). If you cannot transfer (blacklist/stolen car/whatever), the insurance company will cancel the cover note and refund you (note: according to the insurance company call centre person over the phone. Don't know if it will be so easy in real life).

For the ownership transfer, if your are doing it yourself, suggest you do it at the Wangsa Maju JPJ. They accept the CTC of the seller's IC and don't need him/her to be present. The JPJ branch at Maju Junction on the other hand insist on the seller being there as well (found out when I went there and the guard who issues queue numbers told me that there was no point giving me one since the counter staff wouldn't entertain me if the seller wasn't there. The Commisioner of Oaths just outside also told me the same thing).

You could get a runner to do it for you , but doing it yourself at JPJ Wangsa Maju is easy and you can save RM250 by not having to pay the runner (I went on a Friday at 11.30 am, was walking out with my name on the registration card by 11.55 am. This includes waiting time for my queue number to be called).

List of forms you need:

JPJK3 - (the transfer form) - 2 copies
TM-AB - (the form for photocopy of IC, buyer and seller, must be certified)
TM1 - checklist
Original Registration Card
Original Puspakom Inspection Certificate
RM100 processing fee (supposed to be in bank draft/postal order but I think they accept cash as well)
Insurance Cover note (strictly speaking, not necessary since the JPJ officer will check online whether you have insurance under your name, but good to have just in case)
 
ah_Keng;568002 said:
Guys,
Need advice again...
my loan has been approved, but with rather high rate, 5.75%, probably due to old car (14 years)...
I am seriously considering buying with cash... what are normal procedures for cash buy? Pay all before/after ownership transfer???

enjoy ya journey ....
 
Hi Keng,

Enjoy your ride, its truely a well built car. Both design and perfomance. Which model did you get?
 
EuJax;568141 said:
Hi Keng,

Enjoy your ride, its truely a well built car. Both design and perfomance. Which model did you get?

Thanks all for the help and wishes... I am getting at 96' 528i
 
ah_Keng;568205 said:
Thanks all for the help and wishes... I am getting at 96' 528i

Ah keng, what is the price n how much is the approved loan? thanx
 
ah_Keng;568277 said:
Buying at 40k, loan approved 27k, 5.75% for 3 years... but going to pay cash..


Lovely. Its the same exact model that i recently found. I do think it have better built quality compare to the latter ckd ones, my humble opinion. You will discover its beauty :)

Please do share some photos. Look forward to meet up with fellow e39ers...





Regards
 
Top Bottom