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Hi ZTH forumer,

Kindly enlighten me on below mentioned case.

I've paid deposite with cheque for a car directly to owner and got the "car reg card without AP papers" for loan. No black and white agreement only verbally.
The owner lost the AP papers but he got the "stamp" from MITI. Car manufactured in year 99.
12 years old imported car.

Loan has been submitted to Public bank. Rejected due to "car age".
Tried other bank (maybank & cimb), do not offer loans to car above 10yrs...
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