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Message: <blockquote data-quote="ryukeong" data-source="post: 1694707" data-attributes="member: 13614">Hi there everyone,I am ryukeong here, and I have questions that needed help for answers, hope anyone can help.My questions is regarding about car loan settlement, for example;Loan – RM10000 for 2 yearsInterest – 5%Total Interest + Loan = RM11000Monthly Installment – RM458Ok, lets say I have paid installment for 12months, and I want to sell my car (and made settlement to the bank), so does the interest for the (balance 12months installment) be deducted or I still have to pay for it too?(Please let me know if I had any mistaken)Another question about selling of my car personally, what do I have to do if buyer wanted to take a loan?Last questions, I notice there are a way for selling car ‘Continuing Installment’, mean buyer will pay the installment balance for the seller right? Any procedure required to do? Coz what if buyer didn’t pay the installment / received any saman, would it come back to the seller? And also how about the insurance?Thanx for reading…..and hope will get some help…</blockquote>

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